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Mission

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

Median Home$176,954
Median Rent$1,034/month
Population87,597
Leading IndustriesManufacturing · Transportation · Finance & Insurance2% manufacturing
Home Value Growth⬆⬆+13.4% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners73% of occupied units
NotableAmenity Score73/100 · highly walkable area
Mission
TX

Frequently Asked Questions

What are today's mortgage rates in Mission?

As of today, the 30-year fixed mortgage rate for Mission is approximately 6.953% (6.991% 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 Mission?

The median home value in Mission is $177k. The median monthly rent is $1,034. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mission?

Home values in Mission have increased 13.4% 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 Mission?

Based on a typical all-in ownership cost of $954/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mission is $63k/year.

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What industries drive the economy in Mission?

The largest employment sectors in Mission are public administration (25%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.