Quick facts: Cross plains, TX

Quick Facts

99.5
Cost of Living
below US average
926
Population
19.44
Crime Rate per 1000
below US average
$48,516
Median Income
below US average
$209,000
Median House Price
above US average
$449000.0
Average Rent
above US average
13%
Poverty Rate
above US average
4.2%
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 $48,516.

🏠

Income Needed to Buy

βœ— Stretch
$66k/year
Based on $209,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $66k vs median $48,516
🏒

Income Needed to Rent

⚠ Stretch
$19243k/year
Based on $449000.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $19243k vs median $48,516
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Cross plains, TX

Cross Plains is a small town located in Callahan County, Texas, with a rich history and a tight-knit community. It is situated along U.S. Highway 183 and is approximately 15 miles south of the larger city of Abilene. With a population of around 1,000 residents, Cross Plains offers a charming rural atmosphere. The town was founded in the late 19th century and is known for its agricultural roots. Its economy is primarily driven by agriculture, local businesses, and tourism related to its historic sites. The community has several parks and recreational facilities, making it suitable for outdoor activities like hiking, picnicking, and family gatherings. Cross Plains is also home to the Texas Cowboy Reunion, an annual event celebrating cowboy culture and western heritage, attracting visitors from various regions. The town's history is reflected in its quaint downtown area, which features historic buildings and local shops. With a warm community spirit, Cross Plains is an inviting place that combines small-town charm with Texas heritage.

πŸ” Search & Compare Places

First Location πŸ“