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Tiki Island

Learn about the people, housing, costs and businesses in Tiki Island, Texas

Median Home$403,100
Median Rent$1,863/month
Population1,062
Leading IndustriesHealthcare · Manufacturing · Wholesale Trade21% healthcare
Home Value Growth+3.0% over 2 years
Retirees25% of residentsabove average nationally
Homeowners94% of occupied units
NotableHigh Incomes$124k/year · top 8% nationally
NotableVeteran Community11% of residents · top 9% nationally
Tiki Island
TX

Frequently Asked Questions

What are today's mortgage rates in Tiki Island?

As of today, the 30-year fixed mortgage rate for Tiki Island 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 Tiki Island?

The median home value in Tiki Island is $403k. The median monthly rent is $1,863. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tiki Island?

Home values in Tiki Island have increased 3.0% 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 Tiki Island?

Based on a typical all-in ownership cost of $1,970/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $84k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tiki Island is $124k/year.

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What industries drive the economy in Tiki Island?

The largest employment sectors in Tiki Island are healthcare (21%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.