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Parker

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

Median Home$649,502
Median Rent$2,762/month
Population6,094
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare6% professional services
Home Value Growth⬆⬆+15.4% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners93% of occupied units
NotableHigh Incomes$210k/year · top 1% nationally
NotableHighly Educated34% bachelor's · 19% graduate · top 4% nationally
Parker
TX

Frequently Asked Questions

What are today's mortgage rates in Parker?

As of today, the 30-year fixed mortgage rate for Parker is approximately 6.780% (6.812% 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 Parker?

The median home value in Parker is $650k. The median monthly rent is $2,762. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Parker?

Home values in Parker have increased 15.4% 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 Parker?

Based on a typical all-in ownership cost of $2,989/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $128k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Parker is $210k/year.

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What industries drive the economy in Parker?

The largest employment sectors in Parker are public administration (21%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.