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Premont Independent

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

Median Home$92,477
Median Rent$785/month
Population2,949
Leading IndustriesWholesale Trade · Manufacturing · Agriculture & Mining23% wholesale trade
Home Value Growth+3.1% over 2 years
Young Adults35% of residentstop 4% nationally
Homeowners62% of occupied units
NotableAffordable Market$92k median home · lower cost than 98% of the country
Premont Independent
TX

Explore Premont Independent

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

Frequently Asked Questions

What are today's mortgage rates in Premont Independent?

As of today, the 30-year fixed mortgage rate for Premont Independent is approximately 7.087% (7.133% 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 Premont Independent?

The median home value in Premont Independent is $92k. The median monthly rent is $785. Annual property taxes average $793. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Premont Independent?

Home values in Premont Independent 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 Premont Independent?

Based on a typical all-in ownership cost of $640/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Premont Independent is $48k/year.

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What industries drive the economy in Premont Independent?

The largest employment sectors in Premont Independent are wholesale trade (23%) and public administration (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.