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Tierra Grande

Learn about the people, housing, costs and businesses in Tierra Grande, Texas

Median Home$601,600
Median Rent$1,302/month
Population371
Leading IndustriesTransportation · Arts, Food & Hospitality · Manufacturing5% transportation
Home Value Growth+7.2% over 2 years
Family-Friendly32% of residentstop 2% nationally
Homeowners83% of occupied units
NotableHigh Incomes$157k/year · top 3% nationally
NotableHighly Educated26% bachelor's · 16% graduate · top 16% nationally
Tierra Grande
TX

Frequently Asked Questions

What are today's mortgage rates in Tierra Grande?

As of today, the 30-year fixed mortgage rate for Tierra Grande is approximately 6.946% (6.984% 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 Tierra Grande?

The median home value in Tierra Grande is $602k. The median monthly rent is $1,302. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tierra Grande?

Home values in Tierra Grande have increased 7.2% over the past two years. This represents moderate growth. 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 Tierra Grande?

Based on a typical all-in ownership cost of $2,767/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $119k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tierra Grande is $157k/year.

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What industries drive the economy in Tierra Grande?

The largest employment sectors in Tierra Grande are public administration (23%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.