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Fresno

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

Median Home$240,875
Median Rent$1,911/month
Population24,460
Leading IndustriesManufacturing · Finance & Insurance · Information & Media2% manufacturing
Home Value Growth⬇⬇⬇-23.3% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners81% of occupied units
NotableHigh Incomes$93k/year · top 22% nationally
Fresno
TX

Frequently Asked Questions

What are today's mortgage rates in Fresno?

As of today, the 30-year fixed mortgage rate for Fresno is approximately 6.955% (6.993% 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 Fresno?

The median home value in Fresno is $241k. The median monthly rent is $1,911. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fresno?

Home values in Fresno have decreased 23.3% over the past two years. Buyers may find more negotiating room in this market. 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 Fresno?

Based on a typical all-in ownership cost of $1,822/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $78k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fresno is $93k/year.

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What industries drive the economy in Fresno?

The largest employment sectors in Fresno are public administration (23%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.