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Walnut Bend Independent

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

Median Home$172,800
Median Rent$1,021/month
Population146
Leading IndustriesManufacturing · Agriculture & Mining · Information & Media10% manufacturing
Home Value Growth⬆⬆⬆+21.1% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners72% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
Walnut Bend 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 Walnut Bend Independent?

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

The median home value in Walnut Bend Independent is $173k. The median monthly rent is $1,021. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Walnut Bend Independent?

Home values in Walnut Bend Independent have increased 21.1% 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 Walnut Bend Independent?

Based on a typical all-in ownership cost of $872/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Walnut Bend Independent is $74k/year.

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What industries drive the economy in Walnut Bend Independent?

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