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Mingus

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

Median Home$218,500
Median Rent$751/month
Population279
Leading IndustriesTransportation · Public Administration · Manufacturing4% transportation
Home Value Growth+5.2% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners80% of occupied units
Mingus
TX

Frequently Asked Questions

What are today's mortgage rates in Mingus?

As of today, the 30-year fixed mortgage rate for Mingus is approximately 7.017% (7.057% 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 Mingus?

The median home value in Mingus is $219k. The median monthly rent is $751. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mingus?

Home values in Mingus have increased 5.2% 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 Mingus?

Based on a typical all-in ownership cost of $941/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mingus is $77k/year.

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What industries drive the economy in Mingus?

The largest employment sectors in Mingus are public administration (30%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.