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Killeen

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

Median Home$189,087
Median Rent$1,337/month
Population156,832
Leading IndustriesFinance & Insurance · Information & Media · Professional Services8% finance & insurance
Home Value Growth+8.0% over 2 years
Young Adults37% of residentstop 4% nationally
Homeowners50% of occupied units
NotableVeteran Community22% of residents · top 1% nationally
Killeen
TX

Frequently Asked Questions

What are today's mortgage rates in Killeen?

As of today, the 30-year fixed mortgage rate for Killeen is approximately 6.986% (7.032% 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 Killeen?

The median home value in Killeen is $189k. The median monthly rent is $1,337. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Killeen?

Home values in Killeen have increased 8.0% 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 Killeen?

Based on a typical all-in ownership cost of $1,243/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Killeen is $62k/year.

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What industries drive the economy in Killeen?

The largest employment sectors in Killeen are public administration (21%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.