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Study Butte

Learn about the people, housing, costs and businesses in Study Butte, Texas

Median Home$243,200
Median Rent$819/month
Population202
Leading IndustriesConstruction · Transportation · Agriculture & Mining5% construction
Home Value Growth+3.5% over 2 years
Retirees34% of residentstop 4% nationally
Homeowners57% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableHighly Educated26% bachelor's · 13% graduate · top 16% nationally
Study Butte
TX

Frequently Asked Questions

What are today's mortgage rates in Study Butte?

As of today, the 30-year fixed mortgage rate for Study Butte 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 Study Butte?

The median home value in Study Butte is $243k. The median monthly rent is $819. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Study Butte?

Home values in Study Butte have increased 3.5% 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 Study Butte?

Based on a typical all-in ownership cost of $778/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Study Butte is $49k/year.

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What industries drive the economy in Study Butte?

The largest employment sectors in Study Butte are public administration (13%) and wholesale trade (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.