Quick facts: Inez, TX

Quick Facts

99.5
Cost of Living
below US average
2,435
Population
4.11
Crime Rate per 1000
below US average
$83,438
Median Income
above US average
$155,200
Median House Price
above US average
$1750.0
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 $83,438.

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Income Needed to Buy

βœ“ Affordable
$49k/year
Based on $155,200 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($83,438) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$75k/year
Based on $1750.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($83,438) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Inez, TX

Inez is a small unincorporated community located in Victoria County, Texas. Situated about 10 miles southwest of the city of Victoria, Inez serves as a quiet residential area with a close-knit community atmosphere. The town is primarily rural, characterized by open fields, farmland, and a few local businesses catering to the needs of residents. The surrounding landscape is typical of southeastern Texas, with lush greenery, groves of trees, and agricultural activities. The region is known for its warm climate, making it suitable for farming and outdoor activities. Inez is part of the Victoria Independent School District, which provides educational services for children in the area. While Inez may not offer extensive amenities or attractions, its proximity to Victoria allows residents access to larger city conveniences, including shopping, dining, and recreational opportunities. The area is perfect for those seeking a peaceful, rural lifestyle while still being close to urban facilities. Overall, Inez is an appealing location for those looking to escape the hustle and bustle of larger cities while enjoying the charm of small-town living in Texas.

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