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Hedley

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

Median Home$90,500
Median Rent$625/month
Population265
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing21% construction
Retirees26% of residentsabove average nationally
Homeowners89% of occupied units
NotableAffordable Market$91k median home · lower cost than 95% of the country
Hedley
TX

Frequently Asked Questions

What are today's mortgage rates in Hedley?

As of today, the 30-year fixed mortgage rate for Hedley 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 Hedley?

The median home value in Hedley is $91k. The median monthly rent is $625. Annual property taxes average $806. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $549/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hedley is $59k/year.

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What industries drive the economy in Hedley?

The largest employment sectors in Hedley are agriculture and mining (21%) and construction (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.