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Josephine

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

Median Home$342,017
Median Rent$1,770/month
Population3,885
Leading IndustriesWholesale Trade · Healthcare · Education11% wholesale trade
Home Value Growth+5.7% over 2 years
Family-Friendly29% of residentswell above average
Homeowners95% of occupied units
NotableHigh Incomes$116k/year · top 10% nationally
NotableVeteran Community9% of residents · top 22% nationally
Josephine
TX

Frequently Asked Questions

What are today's mortgage rates in Josephine?

As of today, the 30-year fixed mortgage rate for Josephine is approximately 6.917% (6.954% 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 Josephine?

The median home value in Josephine is $342k. The median monthly rent is $1,770. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Josephine?

Home values in Josephine have increased 5.7% 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 Josephine?

Based on a typical all-in ownership cost of $1,939/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $83k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Josephine is $116k/year.

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What industries drive the economy in Josephine?

The largest employment sectors in Josephine are public administration (23%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.