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Muleshoe

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

Median Home$103,880
Median Rent$848/month
Population5,118
Leading IndustriesProfessional Services · Construction · Agriculture & Mining5% professional services
Family-Friendly27% of residentsabove average nationally
Homeowners82% of occupied units
Muleshoe
TX

Frequently Asked Questions

What are today's mortgage rates in Muleshoe?

As of today, the 30-year fixed mortgage rate for Muleshoe is approximately 7.096% (7.142% 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 Muleshoe?

The median home value in Muleshoe is $104k. The median monthly rent is $848. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $629/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Muleshoe is $63k/year.

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What industries drive the economy in Muleshoe?

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