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La Loma de Falcon

Learn about the people, housing, costs and businesses in La Loma de Falcon, Texas

Median Rent$797/month
Population53
Leading IndustriesPublic Administration · Information & Media · Manufacturing43% public administration
Home Value Growth+5.1% over 2 years
Young Adults34% of residentswell above average
Homeowners76% of occupied units
La Loma de Falcon
TX

Frequently Asked Questions

What are today's mortgage rates in La Loma de Falcon?

As of today, the 30-year fixed mortgage rate for La Loma de Falcon is approximately 6.946% (6.984% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for La Loma de Falcon
Are home values rising in La Loma de Falcon?

Home values in La Loma de Falcon have increased 5.1% 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 La Loma de Falcon?

Based on a typical all-in ownership cost of $462/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in La Loma de Falcon is $25k/year.

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What industries drive the economy in La Loma de Falcon?

The largest employment sectors in La Loma de Falcon are public administration (43%) and information and media (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.