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Pecan Grove

Learn about the people, housing, costs and businesses in Pecan Grove, Texas

Median Home$388,150
Median Rent$1,615/month
Population24,754
Leading IndustriesManufacturing · Professional Services · Arts, Food & Hospitality3% manufacturing
Home Value Growth+3.1% over 2 years
Young Adults27% of residentsnear the national average
Homeowners88% of occupied units
NotableHigh Incomes$131k/year · top 6% nationally
NotableHighly Educated29% bachelor's · 16% graduate · top 10% nationally
Pecan Grove
TX

Frequently Asked Questions

What are today's mortgage rates in Pecan Grove?

As of today, the 30-year fixed mortgage rate for Pecan Grove is approximately 6.873% (6.908% 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 Pecan Grove?

The median home value in Pecan Grove is $388k. The median monthly rent is $1,615. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pecan Grove?

Home values in Pecan Grove have increased 3.1% 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 Pecan Grove?

Based on a typical all-in ownership cost of $1,974/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $85k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pecan Grove is $131k/year.

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What industries drive the economy in Pecan Grove?

The largest employment sectors in Pecan Grove are public administration (21%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.