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Sanford-Fritch Independent

Learn about the people, housing, costs and businesses in Sanford-Fritch Independent, Texas

Median Home$146,069
Median Rent$1,263/month
Population4,719
Leading IndustriesRetail · Manufacturing · Professional Services30% retail
Home Value Growth⬆⬆+15.6% over 2 years
Retirees22% of residentsslightly above average
Homeowners90% of occupied units
NotableVeteran Community9% of residents · top 15% nationally
NotableHigh Incomes$88k/year · top 28% nationally
Sanford-Fritch Independent
TX

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Frequently Asked Questions

What are today's mortgage rates in Sanford-Fritch Independent?

As of today, the 30-year fixed mortgage rate for Sanford-Fritch Independent is approximately 6.995% (7.038% 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 Sanford-Fritch Independent?

The median home value in Sanford-Fritch Independent is $146k. The median monthly rent is $1,263. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sanford-Fritch Independent?

Home values in Sanford-Fritch Independent have increased 15.6% 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 Sanford-Fritch Independent?

Based on a typical all-in ownership cost of $708/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sanford-Fritch Independent is $88k/year.

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What industries drive the economy in Sanford-Fritch Independent?

The largest employment sectors in Sanford-Fritch Independent are retail (30%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.