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Loop

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

Median Home$93,200
Median Rent$661/month
Population235
Leading IndustriesManufacturing · Agriculture & Mining · Construction15% manufacturing
Home Value Growth⬆⬆+20.3% over 2 years
Family-Friendly36% of residentstop 1% nationally
Homeowners67% of occupied units
NotableAffordable Market$93k median home · lower cost than 94% of the country
Loop
TX

Frequently Asked Questions

What are today's mortgage rates in Loop?

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

The median home value in Loop is $93k. The median monthly rent is $661. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Loop?

Home values in Loop have increased 20.3% 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 Loop?

Based on a typical all-in ownership cost of $648/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Loop is $54k/year.

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What industries drive the economy in Loop?

The largest employment sectors in Loop are agriculture and mining (28%) and manufacturing (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.