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Loma Grande

Learn about the people, housing, costs and businesses in Loma Grande, Texas

Median Home$115,600
Median Rent$433/month
Population142
Leading IndustriesInformation & Media · Manufacturing · Finance & Insurance12% information & media
Retirees28% of residentswell above average
Homeowners58% of occupied units
NotableTransit84/100 · excellent transit access
NotableAffordable Market$116k median home · lower cost than 86% of the country
Loma Grande
TX

Frequently Asked Questions

What are today's mortgage rates in Loma Grande?

As of today, the 30-year fixed mortgage rate for Loma Grande 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 Loma Grande?

The median home value in Loma Grande is $116k. The median monthly rent is $433. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Loma Grande?

Based on a typical all-in ownership cost of $529/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Loma Grande is $41k/year.

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What industries drive the economy in Loma Grande?

The largest employment sectors in Loma Grande are public administration (30%) and information and media (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.