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Mesquite

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

Median Home$52,100
Median Rent$791/month
Population410
Leading IndustriesPublic Administration · Transportation · Wholesale Trade45% public administration
Home Value Growth+5.1% over 2 years
Family-Friendly38% of residentstop 1% nationally
Homeowners64% of occupied units
NotableAffordable Market$52k median home · lower cost than 100% of the country
Mesquite
TX

Frequently Asked Questions

What are today's mortgage rates in Mesquite?

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

The median home value in Mesquite is $52k. The median monthly rent is $791. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mesquite?

Home values in Mesquite have increased 5.1% 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 Mesquite?

Based on a typical all-in ownership cost of $422/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $18k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mesquite is $27k/year.

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What industries drive the economy in Mesquite?

The largest employment sectors in Mesquite are public administration (45%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.