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Reid Hope King

Learn about the people, housing, costs and businesses in Reid Hope King, Texas

Median Home$133,800
Median Rent$838/month
Population679
Leading IndustriesTransportation · Finance & Insurance · Education5% transportation
Home Value Growth⬆⬆⬆+21.3% over 2 years
Young Adults29% of residentsslightly above average
Homeowners59% of occupied units
NotableTransit88/100 · excellent transit access
NotableAffordable Market$134k median home · lower cost than 80% of the country
Reid Hope King
TX

Frequently Asked Questions

What are today's mortgage rates in Reid Hope King?

As of today, the 30-year fixed mortgage rate for Reid Hope King is approximately 7.051% (7.092% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Reid Hope King
What is the median home price in Reid Hope King?

The median home value in Reid Hope King is $134k. The median monthly rent is $838. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Reid Hope King?

Home values in Reid Hope King have increased 21.3% 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 Reid Hope King?

Based on a typical all-in ownership cost of $806/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Reid Hope King is $54k/year.

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What industries drive the economy in Reid Hope King?

The largest employment sectors in Reid Hope King are public administration (18%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.