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Von Ormy

Learn about the people, housing, costs and businesses in Von Ormy, Texas

Median Home$119,428
Median Rent$1,119/month
Population1,048
Leading IndustriesWholesale Trade · Healthcare · Finance & Insurance20% wholesale trade
Home Value Growth+3.3% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners70% of occupied units
Von Ormy
TX

Frequently Asked Questions

What are today's mortgage rates in Von Ormy?

As of today, the 30-year fixed mortgage rate for Von Ormy is approximately 6.874% (6.909% 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 Von Ormy?

The median home value in Von Ormy is $119k. The median monthly rent is $1,119. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Von Ormy?

Home values in Von Ormy have increased 3.3% 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 Von Ormy?

Based on a typical all-in ownership cost of $739/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Von Ormy is $54k/year.

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What industries drive the economy in Von Ormy?

The largest employment sectors in Von Ormy are wholesale trade (20%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.