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Nazareth

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

Median Home$113,200
Median Rent$985/month
Population272
Leading IndustriesConstruction · Agriculture & Mining · Finance & Insurance31% construction
Home Value Growth⬆⬆⬆+45.1% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners87% of occupied units
Nazareth
TX

Frequently Asked Questions

What are today's mortgage rates in Nazareth?

As of today, the 30-year fixed mortgage rate for Nazareth is approximately 6.830% (6.864% 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 Nazareth?

The median home value in Nazareth is $113k. The median monthly rent is $985. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Nazareth?

Home values in Nazareth have increased 45.1% 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 Nazareth?

Based on a typical all-in ownership cost of $501/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $21k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Nazareth is $62k/year.

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What industries drive the economy in Nazareth?

The largest employment sectors in Nazareth are agriculture and mining (31%) and construction (31%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.