Quick facts: Graham, TX

Quick Facts

95.3
Cost of Living
below US average
8,750
Population
13.14
Crime Rate per 1000
below US average
$63,361
Median Income
below US average
$270,000
Median House Price
above US average
$37047.33
Average Rent
above US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

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 $63,361.

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Income Needed to Buy

βœ— Stretch
$85k/year
Based on $270,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $85k vs median $63,361
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Income Needed to Rent

⚠ Stretch
$1588k/year
Based on $37047.33/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $1588k vs median $63,361
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Graham, TX

Graham is a charming city located in Young County, Texas. It serves as the county seat and boasts a rich history, having been founded in 1872. The city is known for its friendly atmosphere and a tight-knit community, making it a welcoming place for both residents and visitors. Nestled amidst the scenic landscapes of North Texas, Graham offers a range of outdoor activities, including fishing, boating, and camping at nearby Lake Graham. The city's historic downtown area features local shops, restaurants, and cultural attractions, adding to its small-town charm. Graham hosts various annual events, such as the Graham Rotary Club Rodeo and the Young County Rodeo, which draw crowds from all around. The city's location also makes it a great base for exploring the natural beauty of the surrounding region, including parks and recreational areas in the nearby Palo Pinto Mountains. In terms of education, Graham ISD offers quality schooling options for families. Overall, Graham, TX, combines vibrant community spirit with picturesque landscapes, making it an appealing destination for those seeking a peaceful, rural lifestyle.

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