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Howe

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

Median Home$312,592
Median Rent$1,359/month
Population4,135
Leading IndustriesWholesale Trade · Retail14% wholesale trade
Home Value Growth+7.5% over 2 years
Family-Friendly31% of residentstop 3% nationally
Homeowners76% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Howe
TX

Frequently Asked Questions

What are today's mortgage rates in Howe?

As of today, the 30-year fixed mortgage rate for Howe is approximately 6.915% (6.952% 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 Howe?

The median home value in Howe is $313k. The median monthly rent is $1,359. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Howe?

Home values in Howe have increased 7.5% 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 Howe?

Based on a typical all-in ownership cost of $1,293/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Howe is $79k/year.

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What industries drive the economy in Howe?

The largest employment sectors in Howe are public administration (17%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.