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Rotan

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

Median Home$66,300
Median Rent$575/month
Population1,286
Leading IndustriesManufacturing · Agriculture & Mining · Information & Media6% manufacturing
Young Adults29% of residentsslightly above average
Homeowners75% of occupied units
NotableAffordable Market$66k median home · lower cost than 99% of the country
Rotan
TX

Frequently Asked Questions

What are today's mortgage rates in Rotan?

As of today, the 30-year fixed mortgage rate for Rotan is approximately 7.055% (7.100% 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 Rotan?

The median home value in Rotan is $66k. The median monthly rent is $575. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $583/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 Rotan is $59k/year.

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What industries drive the economy in Rotan?

The largest employment sectors in Rotan are public administration (29%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.