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Normanna

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

Median Home$137,500
Median Rent$587/month
Population93
Leading IndustriesWholesale Trade · Manufacturing · Agriculture & Mining18% wholesale trade
Home Value Growth+9.1% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners83% of occupied units
NotableAffordable Market$138k median home · lower cost than 79% of the country
Normanna
TX

Frequently Asked Questions

What are today's mortgage rates in Normanna?

As of today, the 30-year fixed mortgage rate for Normanna is approximately 6.946% (6.984% 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 Normanna?

The median home value in Normanna is $138k. The median monthly rent is $587. Annual property taxes average $935. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Normanna?

Home values in Normanna have increased 9.1% over the past two years. This represents moderate growth. 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 Normanna?

Based on a typical all-in ownership cost of $500/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 Normanna is $68k/year.

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What industries drive the economy in Normanna?

The largest employment sectors in Normanna are public administration (26%) and wholesale trade (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.