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Tahoka Independent

Learn about the people, housing, costs and businesses in Tahoka Independent, Texas

Median Home$132,296
Median Rent$923/month
Population2,623
Leading IndustriesTransportation · Information & Media · Construction6% transportation
Home Value Growth⬆⬆+13.6% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners69% of occupied units
NotableAffordable Market$132k median home · lower cost than 89% of the country
Tahoka Independent
TX

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Tahoka Independent?

As of today, the 30-year fixed mortgage rate for Tahoka Independent is approximately 7.089% (7.135% 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 Tahoka Independent?

The median home value in Tahoka Independent is $132k. The median monthly rent is $923. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tahoka Independent?

Home values in Tahoka Independent have increased 13.6% 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.

How much income do you need to buy a home in Tahoka Independent?

Based on a typical all-in ownership cost of $830/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tahoka Independent is $71k/year.

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What industries drive the economy in Tahoka Independent?

The largest employment sectors in Tahoka Independent are public administration (28%) and agriculture and mining (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.