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Lolita

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

Median Home$214,200
Median Rent$1,054/month
Population500
Leading IndustriesArts, Food & Hospitality · Healthcare · Education15% arts, food & hospitality
Home Value Growth⬆⬆+16.3% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners76% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
NotableHighly Educated29% bachelor's · 18% graduate · top 10% nationally
Lolita
TX

Frequently Asked Questions

What are today's mortgage rates in Lolita?

As of today, the 30-year fixed mortgage rate for Lolita is approximately 6.853% (6.888% 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 Lolita?

The median home value in Lolita is $214k. The median monthly rent is $1,054. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lolita?

Home values in Lolita have increased 16.3% 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 Lolita?

Based on a typical all-in ownership cost of $1,069/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lolita is $80k/year.

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What industries drive the economy in Lolita?

The largest employment sectors in Lolita are public administration (22%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.