Quick facts: Ennis, TX

Quick Facts

93.2
Cost of Living
below US average
22,890
Population
20.8
Crime Rate per 1000
below US average
$73,176
Median Income
below US average
$281,990
Median House Price
above US average
$1645.46
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 $73,176.

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Income Needed to Buy

βœ— Stretch
$88k/year
Based on $281,990 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $88k vs median $73,176
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Income Needed to Rent

βœ“ Affordable
$71k/year
Based on $1645.46/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($73,176) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Ennis, TX

Ennis, Texas, located in both Ellis and Navarro Counties, is a charming small city known for its rich history and vibrant community. Officially incorporated in 1881, Ennis is renowned for its annual Bluebonnet Festival, celebrating the state flower of Texas and attracting visitors with its beautiful spring blooms. The city has a strong Czech heritage, evident in local festivals, food, and cultural events. Ennis features a variety of parks, offering recreational opportunities for residents and visitors alike. The city’s downtown area showcases historic architecture, unique shops, and friendly eateries, contributing to its small-town charm. Additionally, Ennis is conveniently located along Interstate 45, making it an easy commute from both Dallas and Waco. The local economy is diverse, with agriculture still playing a significant role alongside growing industries. Education is supported by the Ennis Independent School District, which boasts various programs for students. Overall, Ennis presents a blend of cultural richness, community spirit, and access to urban amenities, making it a delightful place to live or visit in Texas.

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