Quick facts: Frost, TX

Quick Facts

99.5
Cost of Living
below US average
636
Population
39.31
Crime Rate per 1000
above US average
$78,000
Median Income
below US average
$625,000
Median House Price
above US average
$1563
Average Rent
above US average
12%
Poverty Rate
above US average
4.5%
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 $78,000.

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Income Needed to Buy

βœ— Stretch
$196k/year
Based on $625,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $196k vs median $78,000
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Income Needed to Rent

βœ“ Affordable
$67k/year
Based on $1563/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($78,000) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Frost, TX

Frost is a small town located in Navarro County, Texas, with a population of around 250 residents. It embodies the charm of rural Texas, offering a tight-knit community atmosphere and a slower pace of life. The town is surrounded by picturesque landscapes, featuring open fields and farmland, making it an ideal location for those who appreciate the countryside. Frost is situated approximately 70 miles south of Dallas, providing convenient access to the amenities and cultural attractions of a major city while retaining its quaint, small-town feel. The area is characterized by its strong agricultural roots, with many residents involved in farming and related industries. Despite its size, Frost hosts local events and activities that foster community spirit, including seasonal festivities and gatherings. The town's close proximity to larger cities like Corsicana and Ennis enhances its appeal, offering residents the best of both worldsβ€”serenity and access to urban conveniences. Overall, Frost is a hidden gem for those looking for a peaceful place to call home in Texas.

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