Quick facts: Dawson, TX

Quick Facts

99.5
Cost of Living
below US average
12,130
Population
2.89
Crime Rate per 1000
below US average
$45,268
Median Income
below US average
$199,000
Median House Price
above US average
$1563
Average Rent
above US average
12%
Poverty Rate
above US average
4.8%
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 $45,268.

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Income Needed to Buy

βœ— Stretch
$62k/year
Based on $199,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $62k vs median $45,268
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Income Needed to Rent

⚠ Stretch
$67k/year
Based on $1563/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $67k vs median $45,268
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Dawson, TX

Dawson is a small town located in Navarro County, Texas, approximately 20 miles southeast of Corsicana. With a population of around 1,000 residents, it offers a tight-knit community atmosphere characterized by southern charm and hospitality. The town is known for its quiet rural setting, making it an ideal location for those seeking a slower pace of life. Dawson features a mix of agricultural and residential areas, with many locals engaged in farming and related industries. The town offers essential amenities such as schools, local shops, and parks for recreation. Its proximity to larger cities, including Corsicana and Ennis, provides residents easy access to more extensive shopping, dining, and entertainment options. The surrounding area boasts beautiful landscapes, perfect for outdoor activities like hiking and fishing. Dawson is also known for its community events that bring residents together, fostering a strong sense of community. Overall, it represents the quintessential small-town living experience in Texas, offering a friendly environment and a slower lifestyle amidst the natural beauty of the Lone Star State.

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