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Waller Independent

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

Median Home$312,207
Median Rent$1,348/month
Population53,199
Leading IndustriesWholesale Trade · Manufacturing · Healthcare12% wholesale trade
Home Value Growth⬆⬆+20.5% over 2 years
Young Adults39% of residentstop 2% nationally
Homeowners74% of occupied units
NotableHighly Educated24% hold a bachelor's degree · top 17% nationally
NotableHigh Incomes$90k/year · top 24% nationally
Waller 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 Waller Independent?

As of today, the 30-year fixed mortgage rate for Waller Independent is approximately 6.931% (6.968% 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 Waller Independent?

The median home value in Waller Independent is $312k. The median monthly rent is $1,348. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Waller Independent?

Home values in Waller Independent have increased 20.5% 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 Waller Independent?

Based on a typical all-in ownership cost of $1,490/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $64k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Waller Independent is $90k/year.

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What industries drive the economy in Waller Independent?

The largest employment sectors in Waller Independent are public administration (19%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.