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Wells Branch

Learn about the people, housing, costs and businesses in Wells Branch, Texas

Median Home$382,993
Median Rent$1,627/month
Population13,486
Leading IndustriesProfessional Services · Healthcare · Arts, Food & Hospitality5% professional services
Home Value Growth+8.1% over 2 years
Young Adults46% of residentstop 1% nationally
Renters69% of occupied units
NotableHighly Educated34% bachelor's · 12% graduate · top 4% nationally
NotableAmenity Score76/100 · highly walkable area
Wells Branch
TX

Frequently Asked Questions

What are today's mortgage rates in Wells Branch?

As of today, the 30-year fixed mortgage rate for Wells Branch is approximately 6.899% (6.935% 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 Wells Branch?

The median home value in Wells Branch is $383k. The median monthly rent is $1,627. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wells Branch?

Home values in Wells Branch have increased 8.1% 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 Wells Branch?

Based on a typical all-in ownership cost of $1,635/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wells Branch is $79k/year.

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What industries drive the economy in Wells Branch?

The largest employment sectors in Wells Branch are healthcare (21%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.