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Macdona

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

Median Home$225,800
Median Rent$1,106/month
Population361
Leading IndustriesWholesale Trade · Manufacturing · Agriculture & Mining26% wholesale trade
Home Value Growth+3.3% over 2 years
Retirees28% of residentswell above average
Homeowners69% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
Macdona
TX

Frequently Asked Questions

What are today's mortgage rates in Macdona?

As of today, the 30-year fixed mortgage rate for Macdona is approximately 7.025% (7.066% 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 Macdona?

The median home value in Macdona is $226k. The median monthly rent is $1,106. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Macdona?

Home values in Macdona have increased 3.3% over the past two years. This represents moderate growth. 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 Macdona?

Based on a typical all-in ownership cost of $977/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Macdona is $83k/year.

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What industries drive the economy in Macdona?

The largest employment sectors in Macdona are wholesale trade (26%) and public administration (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.