Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Normangee

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

Median Home$229,398
Median Rent$886/month
Population449
Leading IndustriesProfessional Services · Healthcare · Arts, Food & Hospitality4% professional services
Home Value Growth+2.5% over 2 years
Young Adults36% of residentstop 5% nationally
Homeowners81% of occupied units
Normangee
TX

Frequently Asked Questions

What are today's mortgage rates in Normangee?

As of today, the 30-year fixed mortgage rate for Normangee is approximately 6.907% (6.943% 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 Normangee
What is the median home price in Normangee?

The median home value in Normangee is $229k. The median monthly rent is $886. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Normangee?

Home values in Normangee have increased 2.5% over the past two years. The market has been relatively stable. 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 Normangee?

Based on a typical all-in ownership cost of $773/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Normangee is $64k/year.

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

The largest employment sectors in Normangee are public administration (23%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.