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Wills Point

Learn about the people, housing, costs and businesses in Wills Point, Texas

Median Home$189,885
Median Rent$1,044/month
Population3,737
Leading IndustriesWholesale Trade · Professional Services21% wholesale trade
Home Value Growth⬆⬆+13.2% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners66% of occupied units
Wills Point
TX

Frequently Asked Questions

What are today's mortgage rates in Wills Point?

As of today, the 30-year fixed mortgage rate for Wills Point is approximately 6.949% (6.987% 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 Wills Point?

The median home value in Wills Point is $190k. The median monthly rent is $1,044. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wills Point?

Home values in Wills Point have increased 13.2% 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 Wills Point?

Based on a typical all-in ownership cost of $1,142/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wills Point is $74k/year.

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What industries drive the economy in Wills Point?

The largest employment sectors in Wills Point are wholesale trade (21%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.