Quick facts: Caldwell, TX

Quick Facts

99.5
Cost of Living
below US average
47,848
Population
0.56
Crime Rate per 1000
below US average
$66,779
Median Income
below US average
$269,900
Median House Price
above US average
$1197.81
Average Rent
below US average
13%
Poverty Rate
above US average
4.3%
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 $66,779.

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Income Needed to Buy

βœ— Stretch
$85k/year
Based on $269,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $85k vs median $66,779
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Income Needed to Rent

βœ“ Affordable
$51k/year
Based on $1197.81/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($66,779) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Caldwell, TX

Caldwell is a charming small city located in Burleson County, Texas, approximately 25 miles east of Bryan-College Station. Known for its rich history and friendly community, Caldwell serves as a gateway to the scenic landscapes of Texas. The city is home to a population of around 4,000 residents, who enjoy a laid-back rural lifestyle. Caldwell is famous for its annual events, including the Caldwell Rodeo, which attracts visitors from all over the region, showcasing the area’s deep agricultural roots and cowboy culture. The downtown area features a variety of local shops and eateries, offering a taste of southern hospitality. Outdoor enthusiasts can explore the nearby Lake Somerville, perfect for fishing, boating, and picnicking. Caldwell is also conveniently located near historical sites and parks, providing ample recreation and leisure activities. The city's location allows easy access to larger metropolitan areas while still maintaining a quiet, community-focused atmosphere. Caldwell is a great place for those who appreciate the charm of small-town living combined with Texas pride.

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