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West Lake Hills

Learn about the people, housing, costs and businesses in West Lake Hills, Texas

Median Home$1,695,108
Median Rent$3,357/month
Population3,390
Leading IndustriesArts, Food & Hospitality · Healthcare · Education24% arts, food & hospitality
Home Value Growth-4.1% over 2 years
Retirees26% of residentsabove average nationally
Homeowners88% of occupied units
NotableHigh Incomes$202k/year · top 1% nationally
NotableAmenity Score83/100 · highly walkable area
West Lake Hills
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 Lake Hills?

As of today, the 30-year fixed mortgage rate for West Lake Hills is approximately 6.773% (6.805% 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 Lake Hills?

The median home value in West Lake Hills is $1.7M. The median monthly rent is $3,357. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in West Lake Hills?

Home values in West Lake Hills have decreased 4.1% over the past two years. Buyers may find more negotiating room in this market. 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 Lake Hills?

Based on a typical all-in ownership cost of $3,959/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $170k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in West Lake Hills is $202k/year.

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What industries drive the economy in West Lake Hills?

The largest employment sectors in West Lake Hills are healthcare (27%) and public administration (26%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.