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Relampago

Learn about the people, housing, costs and businesses in Relampago, Texas

Median Home$68,700
Population147
Leading IndustriesProfessional Services · Transportation · Construction4% professional services
Home Value Growth⬆⬆+12.5% over 2 years
Family-Friendly37% of residentstop 1% nationally
Homeowners94% of occupied units
Relampago
TX

Frequently Asked Questions

What are today's mortgage rates in Relampago?

As of today, the 30-year fixed mortgage rate for Relampago is approximately 6.946% (6.984% 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 Relampago?

The median home value in Relampago is $69k. Annual property taxes average $893. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Relampago?

Home values in Relampago have increased 12.5% 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 Relampago?

Based on a typical all-in ownership cost of $416/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $18k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Relampago is $30k/year.

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What industries drive the economy in Relampago?

The largest employment sectors in Relampago are public administration (27%) and agriculture and mining (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.