Quick facts: Holliday, TX

Quick Facts

99.5
Cost of Living
below US average
1,605
Population
11.84
Crime Rate per 1000
below US average
$61,190
Median Income
below US average
$225,000
Median House Price
above US average
$2083.33
Average Rent
above US average
11%
Poverty Rate
above US average
2.9%
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 $61,190.

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Income Needed to Buy

βœ— Stretch
$71k/year
Based on $225,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $71k vs median $61,190
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Income Needed to Rent

⚠ Stretch
$89k/year
Based on $2083.33/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $89k vs median $61,190
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Holliday, TX

Holliday is a small city located in Archer County, Texas, situated approximately 20 miles southeast of Wichita Falls. Known for its tight-knit community and rural charm, Holliday offers a friendly atmosphere with a population of around 1,200 residents. The city features a mix of residential areas, local businesses, and schools, primarily serving the needs of its community. Outdoor enthusiasts can enjoy the nearby natural landscapes, with opportunities for hunting, fishing, and hiking. Holliday is also home to various community events throughout the year, fostering a sense of belonging among residents. The local schools emphasize education and community involvement, contributing to the city's overall family-friendly environment. Although Holliday is small in size, its proximity to larger cities like Wichita Falls provides residents with access to additional amenities, shopping, and entertainment options. Overall, Holliday is an appealing choice for those seeking a peaceful, rural lifestyle while still being close to urban conveniences.

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