Quick facts: Bandera, TX

Quick Facts

99.5
Cost of Living
below US average
22,115
Population
1.36
Crime Rate per 1000
below US average
$70,965
Median Income
below US average
$120,000
Median House Price
above US average
$1630.36
Average Rent
above US average
10%
Poverty Rate
below US average
4.0%
Unemployment Rate
below 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 $70,965.

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Income Needed to Buy

βœ“ Affordable
$38k/year
Based on $120,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($70,965) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$70k/year
Based on $1630.36/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($70,965) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bandera, TX

Bandera, Texas, often referred to as the β€œCowboy Capital of the World,” is a charming small town located in the scenic Texas Hill Country. Situated approximately 50 miles northwest of San Antonio, Bandera serves as a gateway to outdoor adventures, with its beautiful landscapes of rolling hills, rivers, and vistas. The town is known for its rich cowboy heritage and vibrant Western culture, showcasing numerous rodeos and festivities throughout the year. Visitors can explore attractions like the Bandera Natural History Museum and the historic site of the Bandera County Courthouse. Additionally, the area is famous for its recreational activities, including kayaking and fishing on the Medina River, hiking in nearby parks, and horseback riding along scenic trails. Bandera also boasts a delightful downtown area filled with shops, restaurants, and live music venues that reflect the local culture and hospitality. The annual Bandera River Christmas lights celebration attracts many visitors, creating a festive atmosphere. Overall, Bandera is ideal for those looking to experience the spirit of Texas, with a blend of history, outdoor fun, and community charm.

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