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Runaway Bay

Learn about the people, housing, costs and businesses in Runaway Bay, Texas

Median Home$287,800
Median Rent$1,215/month
Population1,631
Leading IndustriesManufacturing · Healthcare · Agriculture & Mining9% manufacturing
Home Value Growth+8.3% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners90% of occupied units
NotableTransit86/100 · excellent transit access
NotableVeteran Community10% of residents · top 14% nationally
Runaway Bay
TX

Frequently Asked Questions

What are today's mortgage rates in Runaway Bay?

As of today, the 30-year fixed mortgage rate for Runaway Bay is approximately 6.888% (6.924% 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 Runaway Bay?

The median home value in Runaway Bay is $288k. The median monthly rent is $1,215. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Runaway Bay?

Home values in Runaway Bay have increased 8.3% 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 Runaway Bay?

Based on a typical all-in ownership cost of $1,134/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Runaway Bay is $89k/year.

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What industries drive the economy in Runaway Bay?

The largest employment sectors in Runaway Bay are healthcare (19%) and public administration (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.