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Little River-Academy

Learn about the people, housing, costs and businesses in Little River-Academy, Texas

Median Home$267,400
Median Rent$1,511/month
Population2,193
Leading IndustriesWholesale Trade · Public Administration · Construction11% wholesale trade
Home Value Growth+0.3% over 2 years
Family-Friendly29% of residentswell above average
Homeowners81% of occupied units
NotableHigh Incomes$94k/year · top 21% nationally
NotableVeteran Community9% of residents · top 22% nationally
Little River-Academy
TX

Explore Little River-Academy

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

Frequently Asked Questions

What are today's mortgage rates in Little River-Academy?

As of today, the 30-year fixed mortgage rate for Little River-Academy is approximately 6.912% (6.949% 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 Little River-Academy?

The median home value in Little River-Academy is $267k. The median monthly rent is $1,511. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Little River-Academy?

Home values in Little River-Academy have increased 0.3% over the past two years. The market has been relatively stable. 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 Little River-Academy?

Based on a typical all-in ownership cost of $1,275/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Little River-Academy is $94k/year.

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What industries drive the economy in Little River-Academy?

The largest employment sectors in Little River-Academy are public administration (28%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.