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Tyler

Learn about the people, housing, costs and businesses in Tyler

Median Home$242,367
Median Rent$1,272/month
Population241,740
Leading IndustriesManufacturing · Agriculture & Mining · Public Administration2% manufacturing
Home Value Growth⬆⬆+12.9% over 2 years
Family-Friendly24% of residentsabove average nationally
Homeowners69% of occupied units
Tyler

Frequently Asked Questions

What are today's mortgage rates in Tyler?

Mortgage rates for Tyler are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Tyler?

The median home value in Tyler is $242k. The median monthly rent is $1,272. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tyler?

Home values in Tyler have increased 12.9% 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 Tyler?

Based on a typical all-in ownership cost of $1,208/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tyler is $78k/year.

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What industries drive the economy in Tyler?

The largest employment sectors in Tyler are public administration (27%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.