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Rivereno

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

Median Home$68,200
Median Rent$797/month
Population70
Leading IndustriesWholesale Trade · Public Administration · Education24% wholesale trade
Home Value Growth+5.1% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners84% of occupied units
NotableAffordable Market$68k median home · lower cost than 99% of the country
Rivereno
TX

Frequently Asked Questions

What are today's mortgage rates in Rivereno?

As of today, the 30-year fixed mortgage rate for Rivereno 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 Rivereno?

The median home value in Rivereno is $68k. The median monthly rent is $797. Annual property taxes average $848. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rivereno?

Home values in Rivereno have increased 5.1% 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 Rivereno?

Based on a typical all-in ownership cost of $376/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $16k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rivereno is $43k/year.

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What industries drive the economy in Rivereno?

The largest employment sectors in Rivereno are public administration (26%) and wholesale trade (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.