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West Alto Bonito

Learn about the people, housing, costs and businesses in West Alto Bonito, Texas

Median Home$68,200
Median Rent$797/month
Population692
Leading IndustriesWholesale Trade · Public Administration · Education24% wholesale trade
Home Value Growth+5.1% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners86% of occupied units
NotableAffordable Market$68k median home · lower cost than 99% of the country
West Alto Bonito
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 West Alto Bonito?

As of today, the 30-year fixed mortgage rate for West Alto Bonito 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 West Alto Bonito?

The median home value in West Alto Bonito is $68k. The median monthly rent is $797. Annual property taxes average $848. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in West Alto Bonito?

Home values in West Alto Bonito have increased 5.1% 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 West Alto Bonito?

Based on a typical all-in ownership cost of $376/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $16k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in West Alto Bonito is $43k/year.

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What industries drive the economy in West Alto Bonito?

The largest employment sectors in West Alto Bonito are public administration (26%) and wholesale trade (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.