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Impact

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

Median Home$238,500
Median Rent$1,313/month
Population24
Leading IndustriesPublic Administration · Education38% public administration
Home Value Growth+7.9% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners70% of occupied units
NotableTransit96/100 · excellent transit access
NotableVeteran Community10% of residents · top 14% nationally
Impact
TX

Frequently Asked Questions

What are today's mortgage rates in Impact?

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

The median home value in Impact is $239k. The median monthly rent is $1,313. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Impact?

Home values in Impact have increased 7.9% 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 Impact?

Based on a typical all-in ownership cost of $1,272/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 Impact is $67k/year.

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What industries drive the economy in Impact?

The largest employment sectors in Impact are public administration (38%) and wholesale trade (6%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.