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Walcott Independent

Learn about the people, housing, costs and businesses in Walcott Independent, Texas

Median Home$174,500
Median Rent$630/month
Population161
Leading IndustriesConstruction · Agriculture & Mining · Retail17% construction
Home Value Growth⬆⬆+16.4% over 2 years
Family-Friendly28% of residentstop 4% nationally
Homeowners67% of occupied units
NotableAffordable Market$175k median home · lower cost than 72% of the country
Walcott Independent
TX

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Walcott Independent?

As of today, the 30-year fixed mortgage rate for Walcott Independent 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 Walcott Independent?

The median home value in Walcott Independent is $175k. The median monthly rent is $630. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Walcott Independent?

Home values in Walcott Independent have increased 16.4% 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 Walcott Independent?

Based on a typical all-in ownership cost of $792/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Walcott Independent is $86k/year.

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What industries drive the economy in Walcott Independent?

The largest employment sectors in Walcott Independent are retail (20%) and agriculture and mining (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.