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Learn about the people, housing, costs and businesses in Somervell County County
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FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Somervell County.
Estimate payments for homes in Somervell County.
People, housing & businesses in Somervell County.
Find and compare lenders active near Somervell County.
Homeowners, flood & wildfire estimates for Somervell County.
Income, rent and all-in ownership costs for Somervell County.
FEMA flood zones and flood insurance estimates for Somervell County.
Seismic risk and earthquake insurance estimates for Somervell County.
Wildfire exposure and insurance estimates for Somervell County.
As of today, the 30-year fixed mortgage rate for Somervell County is approximately 6.949% (6.973% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for Somervell CountyThe median home value in Somervell County is $299k. The median monthly rent is $775. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Somervell County have increased 12.5% 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.
Based on a typical all-in ownership cost of $940/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Somervell County is $86k/year.
Calculate your buying powerThe largest employment sectors in Somervell County are public administration (18%) and information and media (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.
Adjacent counties and areas