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La Feria

Learn about the people, housing, costs and businesses in La Feria, Texas

Median Home$98,445
Median Rent$1,030/month
Population6,460
Leading IndustriesPublic Administration · Wholesale Trade · Healthcare37% public administration
Home Value Growth⬆⬆⬆+30.0% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners69% of occupied units
La Feria
TX

Frequently Asked Questions

What are today's mortgage rates in La Feria?

As of today, the 30-year fixed mortgage rate for La Feria is approximately 6.984% (7.023% 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 La Feria?

The median home value in La Feria is $98k. The median monthly rent is $1,030. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in La Feria?

Home values in La Feria have increased 30.0% over the past two years. This indicates a strong appreciation trend. 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 La Feria?

Based on a typical all-in ownership cost of $752/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in La Feria is $46k/year.

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What industries drive the economy in La Feria?

The largest employment sectors in La Feria are public administration (37%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.