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Knollwood

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

Median Home$266,800
Median Rent$1,402/month
Population898
Leading IndustriesTransportation · Professional Services3% transportation
Home Value Growth+4.1% over 2 years
Young Adults28% of residentsnear the national average
Homeowners59% of occupied units
NotableAmenity Score71/100 · highly walkable area
NotableVeteran Community9% of residents · top 22% nationally
Knollwood
TX

Frequently Asked Questions

What are today's mortgage rates in Knollwood?

As of today, the 30-year fixed mortgage rate for Knollwood is approximately 7.094% (7.140% 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 Knollwood?

The median home value in Knollwood is $267k. The median monthly rent is $1,402. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Knollwood?

Home values in Knollwood have increased 4.1% 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 Knollwood?

Based on a typical all-in ownership cost of $1,371/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Knollwood is $91k/year.

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What industries drive the economy in Knollwood?

The largest employment sectors in Knollwood are public administration (20%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.