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Highland Park Independent

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

Median Home$218,802
Median Rent$1,215/month
Population7,955
Leading IndustriesInformation & Media · Finance & Insurance · Wholesale Trade15% information & media
Home Value Growth+6.7% over 2 years
Young Adults32% of residentswell above average
Renters69% of occupied units
Highland Park Independent
TX

Explore Highland Park Independent

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Highland Park Independent?

As of today, the 30-year fixed mortgage rate for Highland Park Independent is approximately 6.959% (7.000% 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 Highland Park Independent?

The median home value in Highland Park Independent is $219k. The median monthly rent is $1,215. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Highland Park Independent?

Home values in Highland Park Independent 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 Highland Park Independent?

Based on a typical all-in ownership cost of $1,189/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Highland Park Independent is $81k/year.

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What industries drive the economy in Highland Park Independent?

The largest employment sectors in Highland Park Independent are public administration (19%) and information and media (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.