Quick facts: Alto, TX

Quick Facts

99.5
Cost of Living
below US average
1,044
Population
63.22
Crime Rate per 1000
above US average
$37,955
Median Income
below US average
$108,000
Median House Price
above US average
$658.0
Average Rent
below US average
12%
Poverty Rate
above US average
5.0%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $37,955.

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Income Needed to Buy

βœ“ Affordable
$34k/year
Based on $108,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($37,955) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$28k/year
Based on $658.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($37,955) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Alto, TX

Alto is a small town located in Cherokee County, Texas. With a population of around 1,200 residents, it embodies the charm of rural southern living. Situated at the intersection of U.S. Highway 69 and State Highway 294, Alto is easily accessible while maintaining a peaceful atmosphere. The town is known for its strong sense of community and features a number of local businesses, eateries, and schools that serve the everyday needs of its residents. Alto is also home to several parks and recreational opportunities, offering spaces for outdoor activities like hiking and fishing. Nearby attractions include the beautiful Davy Crockett National Forest, which provides vast expanses of nature for exploration and leisure. The annual events, such as the Bluegrass Festival, showcase local talent and bring the community together, highlighting Alto’s rich cultural heritage. Overall, Alto presents a quaint and inviting environment for residents and visitors alike, reflecting the warmth and hospitality characteristic of East Texas.

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