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Robert Lee

Learn about the people, housing, costs and businesses in Robert Lee, Texas

Median Home$66,800
Median Rent$442/month
Population1,004
Leading IndustriesWholesale Trade · Public Administration · Information & Media16% wholesale trade
Retirees25% of residentsabove average nationally
Homeowners67% of occupied units
NotableAffordable Market$67k median home · lower cost than 99% of the country
Robert Lee
TX

Frequently Asked Questions

What are today's mortgage rates in Robert Lee?

As of today, the 30-year fixed mortgage rate for Robert Lee is approximately 7.265% (7.314% 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 Robert Lee?

The median home value in Robert Lee is $67k. The median monthly rent is $442. Annual property taxes average $896. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Robert Lee?

Based on a typical all-in ownership cost of $588/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Robert Lee is $36k/year.

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What industries drive the economy in Robert Lee?

The largest employment sectors in Robert Lee are public administration (30%) and wholesale trade (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.