Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Morton

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

Median Home$53,200
Median Rent$697/month
Population1,692
Leading IndustriesManufacturing · Finance & Insurance · Retail2% manufacturing
Young Adults24% of residents
Homeowners65% of occupied units
NotableAffordable Market$53k median home · lower cost than 100% of the country
Morton
TX

Frequently Asked Questions

What are today's mortgage rates in Morton?

As of today, the 30-year fixed mortgage rate for Morton is approximately 7.090% (7.136% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Morton
What is the median home price in Morton?

The median home value in Morton is $53k. The median monthly rent is $697. Annual property taxes average $583. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Morton?

Based on a typical all-in ownership cost of $555/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Morton is $45k/year.

Calculate your buying power
What industries drive the economy in Morton?

The largest employment sectors in Morton are public administration (24%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.