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Tolar

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

Median Home$234,224
Median Rent$1,294/month
Population1,166
Leading IndustriesManufacturing · Information & Media · Agriculture & Mining6% manufacturing
Home Value Growth+3.1% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners81% of occupied units
Tolar
TX

Frequently Asked Questions

What are today's mortgage rates in Tolar?

As of today, the 30-year fixed mortgage rate for Tolar is approximately 6.896% (6.932% 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 Tolar?

The median home value in Tolar is $234k. The median monthly rent is $1,294. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tolar?

Home values in Tolar have increased 3.1% 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 Tolar?

Based on a typical all-in ownership cost of $1,165/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tolar is $78k/year.

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What industries drive the economy in Tolar?

The largest employment sectors in Tolar are public administration (26%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.