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Matador

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

Median Home$88,000
Median Rent$675/month
Population633
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing18% construction
Retirees30% of residentswell above average
Homeowners76% of occupied units
NotableAffordable Market$88k median home · lower cost than 95% of the country
NotableVeteran Community10% of residents · top 14% nationally
Matador
TX

Frequently Asked Questions

What are today's mortgage rates in Matador?

As of today, the 30-year fixed mortgage rate for Matador is approximately 7.159% (7.206% 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 Matador?

The median home value in Matador is $88k. The median monthly rent is $675. Annual property taxes average $904. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $625/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Matador is $61k/year.

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What industries drive the economy in Matador?

The largest employment sectors in Matador are public administration (28%) and agriculture and mining (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.