Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Floydada

Learn about the people, housing, costs and businesses in Floydada, Texas

Median Home$93,800
Median Rent$549/month
Population2,485
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade16% construction
Family-Friendly32% of residentstop 2% nationally
Homeowners68% of occupied units
NotableAffordable Market$94k median home · lower cost than 94% of the country
Floydada
TX

Frequently Asked Questions

What are today's mortgage rates in Floydada?

As of today, the 30-year fixed mortgage rate for Floydada is approximately 7.521% (7.579% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Floydada
What is the median home price in Floydada?

The median home value in Floydada is $94k. The median monthly rent is $549. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Floydada?

Based on a typical all-in ownership cost of $613/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Floydada is $54k/year.

Calculate your buying power
What industries drive the economy in Floydada?

The largest employment sectors in Floydada are agriculture and mining (16%) and construction (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.