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Robert Lee Independent

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

Median Home$70,670
Median Rent$463/month
Population1,679
Leading IndustriesWholesale Trade · Education · Information & Media9% wholesale trade
Young Adults32% of residentswell above average
Homeowners68% of occupied units
NotableAffordable Market$71k median home · lower cost than 100% of the country
Robert Lee Independent
TX

Explore Robert Lee Independent

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Robert Lee Independent?

As of today, the 30-year fixed mortgage rate for Robert Lee Independent 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.

View current rates for Robert Lee Independent
What is the median home price in Robert Lee Independent?

The median home value in Robert Lee Independent is $71k. The median monthly rent is $463. Annual property taxes average $925. 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 Independent?

Based on a typical all-in ownership cost of $596/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Robert Lee Independent is $37k/year.

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What industries drive the economy in Robert Lee Independent?

The largest employment sectors in Robert Lee Independent are public administration (22%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.