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Splendora

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

Median Home$240,371
Median Rent$1,169/month
Population2,016
Leading IndustriesWholesale Trade · Transportation · Finance & Insurance14% wholesale trade
Home Value Growth+5.2% over 2 years
Family-Friendly29% of residentswell above average
Homeowners77% of occupied units
Splendora
TX

Frequently Asked Questions

What are today's mortgage rates in Splendora?

As of today, the 30-year fixed mortgage rate for Splendora is approximately 7.041% (7.082% 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 Splendora?

The median home value in Splendora is $240k. The median monthly rent is $1,169. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Splendora?

Home values in Splendora have increased 5.2% 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 Splendora?

Based on a typical all-in ownership cost of $1,109/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Splendora is $78k/year.

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What industries drive the economy in Splendora?

The largest employment sectors in Splendora are wholesale trade (14%) and public administration (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.