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La Paloma Ranchettes

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

Median Home$114,400
Median Rent$626/month
Population369
Leading IndustriesPublic Administration · Finance & Insurance · Information & Media45% public administration
Home Value Growth⬆⬆+13.7% over 2 years
Family-Friendly36% of residentstop 1% nationally
Homeowners79% of occupied units
NotableAffordable Market$114k median home · lower cost than 87% of the country
La Paloma Ranchettes
TX

Explore La Paloma Ranchettes

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in La Paloma Ranchettes?

As of today, the 30-year fixed mortgage rate for La Paloma Ranchettes 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.

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What is the median home price in La Paloma Ranchettes?

The median home value in La Paloma Ranchettes is $114k. The median monthly rent is $626. Annual property taxes average $849. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in La Paloma Ranchettes?

Home values in La Paloma Ranchettes have increased 13.7% 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 Paloma Ranchettes?

Based on a typical all-in ownership cost of $444/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $19k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in La Paloma Ranchettes is $48k/year.

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What industries drive the economy in La Paloma Ranchettes?

The largest employment sectors in La Paloma Ranchettes are public administration (45%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.