Quick facts: Harwood, TX

Quick Facts

99.5
Cost of Living
below US average
267
Population
18.73
Crime Rate per 1000
below US average
$70,000
Median Income
below US average
$375,000
Median House Price
above US average
$1563
Average Rent
above US average
10%
Poverty Rate
below US average
4.0%
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 $70,000.

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Income Needed to Buy

βœ— Stretch
$118k/year
Based on $375,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $118k vs median $70,000
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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 ($70,000) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Harwood, TX

Harwood, Texas, is a small unincorporated community located in Guadalupe County, nestled between the larger towns of Seguin and Luling. With its rural charm, Harwood offers a peaceful lifestyle characterized by open landscapes and agricultural surroundings. The area is primarily residential, with a mix of farming and ranching activities that reflect its historical roots. Despite its small size, Harwood serves as a quiet retreat for those seeking a slower pace of life. The community is well-connected by highways, making it accessible for commuters who work in nearby cities. Outdoor enthusiasts can enjoy the scenic beauty of the Texas Hill Country, with opportunities for fishing, hiking, and enjoying nature in the surrounding areas. Local amenities may be limited, but nearby Seguin provides additional dining, shopping, and recreational options. The community embodies the essence of small-town Texas, offering a tight-knit atmosphere where residents often know one another and partake in local events. Whether you're looking for a serene countryside living or a connection to Texas history, Harwood presents a unique charm.

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