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Gordon

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

Median Home$218,500
Median Rent$751/month
Population587
Leading IndustriesInformation & Media · Manufacturing · Wholesale Trade16% information & media
Home Value Growth+5.2% over 2 years
Retirees28% of residentswell above average
Homeowners80% of occupied units
Gordon
TX

Frequently Asked Questions

What are today's mortgage rates in Gordon?

As of today, the 30-year fixed mortgage rate for Gordon is approximately 6.946% (6.984% 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 Gordon?

The median home value in Gordon is $219k. The median monthly rent is $751. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gordon?

Home values in Gordon have increased 5.2% 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 Gordon?

Based on a typical all-in ownership cost of $941/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gordon is $77k/year.

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What industries drive the economy in Gordon?

The largest employment sectors in Gordon are information and media (16%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.