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Leming

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

Median Home$174,545
Median Rent$1,222/month
Population885
Leading IndustriesManufacturing · Wholesale Trade · Agriculture & Mining7% manufacturing
Home Value Growth+11.0% over 2 years
Family-Friendly29% of residentswell above average
Homeowners81% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
Leming
TX

Frequently Asked Questions

What are today's mortgage rates in Leming?

As of today, the 30-year fixed mortgage rate for Leming is approximately 7.051% (7.092% 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 Leming?

The median home value in Leming is $175k. The median monthly rent is $1,222. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Leming?

Home values in Leming have increased 11.0% 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 Leming?

Based on a typical all-in ownership cost of $853/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Leming is $61k/year.

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What industries drive the economy in Leming?

The largest employment sectors in Leming are public administration (20%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.