Quick facts: Cleveland, TX

Quick Facts

99.5
Cost of Living
below US average
8,503
Population
46.34
Crime Rate per 1000
above US average
$46,875
Median Income
below US average
$110,000
Median House Price
above US average
$1557.02
Average Rent
above US average
10%
Poverty Rate
below US average
3.5%
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 $46,875.

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Income Needed to Buy

βœ“ Affordable
$35k/year
Based on $110,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($46,875) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$67k/year
Based on $1557.02/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $67k vs median $46,875
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Cleveland, TX

Cleveland, Texas, is a small city located in Liberty County, approximately 50 miles northeast of Houston. Nestled in the East Texas Piney Woods, it boasts a rich history and a strong sense of community. Originally established in the late 19th century, Cleveland has evolved from a railroad town into a vibrant locality known for its friendly atmosphere and southern charm. The city's economy is diverse, with local businesses, agriculture, and proximity to the larger Houston metropolitan area providing various employment opportunities. Cleveland is home to several parks, recreational facilities, and the scenic North Creek, offering residents and visitors ample outdoor activities. Cleveland celebrates its community spirit through various events and festivals, showcasing local culture and traditions. The area is also known for its low cost of living and family-friendly environment, making it an appealing choice for families and individuals seeking a peaceful lifestyle. With its convenient access to major highways and the hustle and bustle of nearby cities, Cleveland, TX, serves as a welcoming retreat in East Texas, balancing rural charm with urban accessibility.

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