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Forest Heights

Learn about the people, housing, costs and businesses in Forest Heights, Texas

Median Home$154,329
Median Rent$1,253/month
Population1,401
Leading IndustriesEducation · Retail · Construction5% education
Home Value Growth+6.7% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners83% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableHigh Incomes$94k/year · top 21% nationally
Forest Heights
TX

Frequently Asked Questions

What are today's mortgage rates in Forest Heights?

As of today, the 30-year fixed mortgage rate for Forest Heights is approximately 6.983% (7.025% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Forest Heights?

The median home value in Forest Heights is $154k. The median monthly rent is $1,253. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Forest Heights?

Home values in Forest Heights have increased 6.7% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

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

Based on a typical all-in ownership cost of $855/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Forest Heights is $94k/year.

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What industries drive the economy in Forest Heights?

The largest employment sectors in Forest Heights are retail (22%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.