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Pine Tree Independent

Learn about the people, housing, costs and businesses in Pine Tree Independent, Texas

Median Home$194,855
Median Rent$1,186/month
Population26,876
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services23% healthcare
Home Value Growth⬆⬆+12.8% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners59% of occupied units
NotableHighly Educated30% bachelor's · 17% graduate · top 5% nationally
Pine Tree Independent
TX

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Pine Tree Independent?

As of today, the 30-year fixed mortgage rate for Pine Tree Independent is approximately 7.003% (7.043% 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 Pine Tree Independent?

The median home value in Pine Tree Independent is $195k. The median monthly rent is $1,186. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pine Tree Independent?

Home values in Pine Tree Independent have increased 12.8% 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 Pine Tree Independent?

Based on a typical all-in ownership cost of $1,068/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pine Tree Independent is $70k/year.

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What industries drive the economy in Pine Tree Independent?

The largest employment sectors in Pine Tree Independent are healthcare (23%) and arts, food, and hospitality (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.