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Smyer

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

Median Home$123,900
Median Rent$894/month
Population419
Leading IndustriesProfessional Services · Manufacturing · Agriculture & Mining5% professional services
Home Value Growth+4.7% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners81% of occupied units
Smyer
TX

Frequently Asked Questions

What are today's mortgage rates in Smyer?

As of today, the 30-year fixed mortgage rate for Smyer is approximately 6.937% (6.975% 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 Smyer?

The median home value in Smyer is $124k. The median monthly rent is $894. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Smyer?

Home values in Smyer have increased 4.7% 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 Smyer?

Based on a typical all-in ownership cost of $699/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 Smyer is $67k/year.

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What industries drive the economy in Smyer?

The largest employment sectors in Smyer are public administration (16%) and agriculture and mining (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.