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Silsbee Independent

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

Median Home$123,055
Median Rent$994/month
Population17,424
Leading IndustriesManufacturing · Wholesale Trade · Finance & Insurance2% manufacturing
Home Value Growth+9.3% over 2 years
Retirees23% of residentsslightly above average
Homeowners79% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
Silsbee 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 Silsbee Independent?

As of today, the 30-year fixed mortgage rate for Silsbee Independent is approximately 7.062% (7.104% 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 Silsbee Independent?

The median home value in Silsbee Independent is $123k. The median monthly rent is $994. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Silsbee Independent?

Home values in Silsbee Independent have increased 9.3% 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 Silsbee Independent?

Based on a typical all-in ownership cost of $821/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Silsbee Independent is $64k/year.

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What industries drive the economy in Silsbee Independent?

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