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Spade

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

Median Home$87,638
Median Rent$1,180/month
Population67
Leading IndustriesInformation & Media · Wholesale Trade · Construction12% information & media
Home Value Growth+0.1% over 2 years
Family-Friendly29% of residentswell above average
Homeowners73% of occupied units
Spade
TX

Frequently Asked Questions

What are today's mortgage rates in Spade?

As of today, the 30-year fixed mortgage rate for Spade is approximately 6.946% (6.984% 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 Spade?

The median home value in Spade is $88k. The median monthly rent is $1,180. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Spade?

Home values in Spade have increased 0.1% over the past two years. The market has been relatively stable. 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 Spade?

Based on a typical all-in ownership cost of $688/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Spade is $52k/year.

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What industries drive the economy in Spade?

The largest employment sectors in Spade are public administration (20%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.