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Morales-Sanchez

Learn about the people, housing, costs and businesses in Morales-Sanchez, Texas

Median Home$89,700
Median Rent$303/month
Population43
Leading IndustriesPublic Administration · Manufacturing · Agriculture & Mining41% public administration
Family-Friendly34% of residentstop 1% nationally
Homeowners63% of occupied units
NotableAffordable Market$90k median home · lower cost than 95% of the country
Morales-Sanchez
TX

Frequently Asked Questions

What are today's mortgage rates in Morales-Sanchez?

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

The median home value in Morales-Sanchez is $90k. The median monthly rent is $303. Annual property taxes average $747. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Morales-Sanchez?

Based on a typical all-in ownership cost of $455/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Morales-Sanchez is $33k/year.

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What industries drive the economy in Morales-Sanchez?

The largest employment sectors in Morales-Sanchez are public administration (41%) and agriculture and mining (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.