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Yoakum Independent

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

Median Home$179,036
Median Rent$939/month
Population9,278
Leading IndustriesManufacturing · Agriculture & Mining · Retail6% manufacturing
Home Value Growth⬆⬆+17.8% over 2 years
Family-Friendly25% of residentsabove average nationally
Homeowners68% of occupied units
Yoakum 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 Yoakum Independent?

As of today, the 30-year fixed mortgage rate for Yoakum Independent is approximately 6.938% (6.976% 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 Yoakum Independent?

The median home value in Yoakum Independent is $179k. The median monthly rent is $939. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Yoakum Independent?

Home values in Yoakum Independent have increased 17.8% 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 Yoakum Independent?

Based on a typical all-in ownership cost of $847/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Yoakum Independent is $56k/year.

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What industries drive the economy in Yoakum Independent?

The largest employment sectors in Yoakum Independent are public administration (20%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.