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Iraan

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

Median Home$99,800
Median Rent$374/month
Population888
Leading IndustriesManufacturing · Agriculture & Mining · Information & Media19% manufacturing
Home Value Growth⬇⬇-18.0% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners82% of occupied units
NotableAffordable Market$100k median home · lower cost than 92% of the country
Iraan
TX

Frequently Asked Questions

What are today's mortgage rates in Iraan?

As of today, the 30-year fixed mortgage rate for Iraan is approximately 7.154% (7.201% 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 Iraan?

The median home value in Iraan is $100k. The median monthly rent is $374. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Iraan?

Home values in Iraan have decreased 18.0% over the past two years. Buyers may find more negotiating room in this market. 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 Iraan?

Based on a typical all-in ownership cost of $520/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $22k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Iraan is $51k/year.

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What industries drive the economy in Iraan?

The largest employment sectors in Iraan are agriculture and mining (21%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.