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Mildred

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

Median Home$223,100
Median Rent$530/month
Population408
Leading IndustriesEducation · Healthcare · Finance & Insurance4% education
Home Value Growth⬆⬆⬆+22.2% over 2 years
Retirees30% of residentswell above average
Homeowners81% of occupied units
NotableTransit85/100 · excellent transit access
NotableVeteran Community10% of residents · top 14% nationally
Mildred
TX

Frequently Asked Questions

What are today's mortgage rates in Mildred?

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

The median home value in Mildred is $223k. The median monthly rent is $530. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mildred?

Home values in Mildred have increased 22.2% 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 Mildred?

Based on a typical all-in ownership cost of $898/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mildred is $64k/year.

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What industries drive the economy in Mildred?

The largest employment sectors in Mildred are healthcare (18%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.