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Roosevelt Independent

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

Median Home$139,105
Median Rent$1,039/month
Population5,238
Leading IndustriesProfessional Services · Wholesale Trade · Transportation5% professional services
Home Value Growth⬆⬆+16.4% over 2 years
Young Adults23% of residents
Homeowners76% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
Roosevelt Independent
TX

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

Frequently Asked Questions

What are today's mortgage rates in Roosevelt Independent?

As of today, the 30-year fixed mortgage rate for Roosevelt Independent is approximately 6.971% (7.010% 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 Roosevelt Independent?

The median home value in Roosevelt Independent is $139k. The median monthly rent is $1,039. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Roosevelt Independent?

Home values in Roosevelt Independent have increased 16.4% 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 Roosevelt Independent?

Based on a typical all-in ownership cost of $776/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Roosevelt Independent is $74k/year.

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What industries drive the economy in Roosevelt Independent?

The largest employment sectors in Roosevelt Independent are public administration (18%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.