Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Thorndale

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

Median Home$218,616
Median Rent$1,069/month
Population1,241
Leading IndustriesWholesale Trade · Manufacturing · Information & Media14% wholesale trade
Home Value Growth⬆⬆⬆+49.3% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners71% of occupied units
NotableHighly Educated25% hold a bachelor's degree · top 18% nationally
Thorndale
TX

Frequently Asked Questions

What are today's mortgage rates in Thorndale?

As of today, the 30-year fixed mortgage rate for Thorndale is approximately 6.892% (6.928% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Thorndale
What is the median home price in Thorndale?

The median home value in Thorndale is $219k. The median monthly rent is $1,069. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Thorndale?

Home values in Thorndale have increased 49.3% 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 Thorndale?

Based on a typical all-in ownership cost of $1,091/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Thorndale is $69k/year.

Calculate your buying power
What industries drive the economy in Thorndale?

The largest employment sectors in Thorndale are public administration (17%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.