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Wolfe City Independent

Learn about the people, housing, costs and businesses in Wolfe City Independent, Texas

Median Home$190,264
Median Rent$840/month
Population3,188
Leading IndustriesWholesale Trade · Information & Media · Transportation14% wholesale trade
Home Value Growth+5.8% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners77% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
NotableAffordable Market$190k median home · lower cost than 66% of the country
Wolfe City 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 Wolfe City Independent?

As of today, the 30-year fixed mortgage rate for Wolfe City Independent is approximately 6.953% (6.991% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Wolfe City Independent
What is the median home price in Wolfe City Independent?

The median home value in Wolfe City Independent is $190k. The median monthly rent is $840. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wolfe City Independent?

Home values in Wolfe City Independent have increased 5.8% 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 Wolfe City Independent?

Based on a typical all-in ownership cost of $922/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wolfe City Independent is $61k/year.

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What industries drive the economy in Wolfe City Independent?

The largest employment sectors in Wolfe City Independent are public administration (23%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.