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Taylor

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

Median Home$297,604
Median Rent$1,208/month
Population16,925
Leading IndustriesWholesale Trade · Healthcare · Manufacturing12% wholesale trade
Home Value Growth+1.9% over 2 years
Young Adults26% of residents
Homeowners76% of occupied units
Taylor
TX

Frequently Asked Questions

What are today's mortgage rates in Taylor?

As of today, the 30-year fixed mortgage rate for Taylor is approximately 6.954% (6.992% 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 Taylor?

The median home value in Taylor is $298k. The median monthly rent is $1,208. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Taylor?

Home values in Taylor have increased 1.9% 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 Taylor?

Based on a typical all-in ownership cost of $1,237/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Taylor is $74k/year.

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What industries drive the economy in Taylor?

The largest employment sectors in Taylor are public administration (16%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.