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Talco

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

Median Home$152,300
Median Rent$909/month
Population492
Leading IndustriesWholesale Trade · Retail · Construction18% wholesale trade
Home Value Growth⬆⬆+19.7% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners86% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Talco
TX

Frequently Asked Questions

What are today's mortgage rates in Talco?

As of today, the 30-year fixed mortgage rate for Talco is approximately 6.943% (6.981% 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 Talco?

The median home value in Talco is $152k. The median monthly rent is $909. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Talco?

Home values in Talco have increased 19.7% 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 Talco?

Based on a typical all-in ownership cost of $863/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Talco is $55k/year.

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What industries drive the economy in Talco?

The largest employment sectors in Talco are public administration (20%) and wholesale trade (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.