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Galena Park

Learn about the people, housing, costs and businesses in Galena Park, Texas

Median Home$123,808
Median Rent$1,209/month
Population10,367
Leading IndustriesWholesale Trade · Manufacturing · Retail19% wholesale trade
Home Value Growth⬆⬆+13.8% over 2 years
Family-Friendly32% of residentstop 2% nationally
Homeowners70% of occupied units
NotableAmenity Score70/100 · highly walkable area
Galena Park
TX

Frequently Asked Questions

What are today's mortgage rates in Galena Park?

As of today, the 30-year fixed mortgage rate for Galena Park is approximately 7.125% (7.171% 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 Galena Park?

The median home value in Galena Park is $124k. The median monthly rent is $1,209. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Galena Park?

Home values in Galena Park have increased 13.8% over the past two years. This indicates a strong appreciation trend. 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 Galena Park?

Based on a typical all-in ownership cost of $802/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Galena Park is $49k/year.

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What industries drive the economy in Galena Park?

The largest employment sectors in Galena Park are wholesale trade (19%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.