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Taylor Lake

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

Median Home$376,722
Median Rent$1,142/month
Population3,702
Leading IndustriesConstruction · Agriculture & Mining · Transportation15% construction
Home Value Growth⬆⬆+15.0% over 2 years
Family-Friendly29% of residentswell above average
Homeowners87% of occupied units
NotableHigh Incomes$145k/year · top 4% nationally
Taylor Lake Village
TX

Frequently Asked Questions

What are today's mortgage rates in Taylor Lake?

As of today, the 30-year fixed mortgage rate for Taylor Lake is approximately 6.951% (6.989% 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 Lake?

The median home value in Taylor Lake is $377k. The median monthly rent is $1,142. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Taylor Lake?

Home values in Taylor Lake have increased 15.0% 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 Taylor Lake?

Based on a typical all-in ownership cost of $1,848/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $79k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Taylor Lake is $145k/year.

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What industries drive the economy in Taylor Lake?

The largest employment sectors in Taylor Lake are public administration (23%) and agriculture and mining (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.