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Red Rock

Learn about the people, housing, costs and businesses in Red Rock, Texas

Median Home$334,328
Median Rent$1,338/month
Population377
Leading IndustriesWholesale Trade · Education · Manufacturing23% wholesale trade
Home Value Growth+2.2% over 2 years
Retirees32% of residentstop 5% nationally
Homeowners89% of occupied units
Red Rock
TX

Frequently Asked Questions

What are today's mortgage rates in Red Rock?

As of today, the 30-year fixed mortgage rate for Red Rock is approximately 6.849% (6.883% 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 Red Rock?

The median home value in Red Rock is $334k. The median monthly rent is $1,338. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Red Rock?

Home values in Red Rock have increased 2.2% over the past two years. The market has been relatively stable. 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 Red Rock?

Based on a typical all-in ownership cost of $784/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Red Rock is $62k/year.

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What industries drive the economy in Red Rock?

The largest employment sectors in Red Rock are wholesale trade (23%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.