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Matagorda

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

Median Home$246,500
Population346
Leading IndustriesAgriculture & Mining · Manufacturing · Wholesale Trade13% agriculture & mining
Home Value Growth⬆⬆+13.6% over 2 years
Retirees24% of residentsslightly above average
Homeowners87% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableTransit80/100 · excellent transit access
Matagorda
TX

Frequently Asked Questions

What are today's mortgage rates in Matagorda?

As of today, the 30-year fixed mortgage rate for Matagorda is approximately 6.840% (6.874% 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 Matagorda?

The median home value in Matagorda is $247k. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Matagorda?

Home values in Matagorda have increased 13.6% 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 Matagorda?

Based on a typical all-in ownership cost of $1,653/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Matagorda is $44k/year.

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What industries drive the economy in Matagorda?

The largest employment sectors in Matagorda are agriculture and mining (13%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.