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Mount Enterprise

Learn about the people, housing, costs and businesses in Mount Enterprise, Texas

Median Home$195,000
Median Rent$1,088/month
Population550
Leading IndustriesPublic Administration · Transportation27% public administration
Home Value Growth⬆⬆⬆+21.0% over 2 years
Young Adults51% of residentstop 1% nationally
Homeowners66% of occupied units
NotableHighly Educated25% bachelor's · 12% graduate · top 18% nationally
NotableTransit79/100 · excellent transit access
Mount Enterprise
TX

Explore Mount Enterprise

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Mount Enterprise?

As of today, the 30-year fixed mortgage rate for Mount Enterprise is approximately 6.979% (7.018% 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 Mount Enterprise?

The median home value in Mount Enterprise is $195k. The median monthly rent is $1,088. Annual property taxes average $930. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mount Enterprise?

Home values in Mount Enterprise have increased 21.0% 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 Mount Enterprise?

Based on a typical all-in ownership cost of $785/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mount Enterprise is $54k/year.

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What industries drive the economy in Mount Enterprise?

The largest employment sectors in Mount Enterprise are public administration (27%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.