Quick facts: Kaufman, TX

Quick Facts

99.5
Cost of Living
below US average
172,366
Population
4.64
Crime Rate per 1000
below US average
$84,075
Median Income
above US average
$376,400
Median House Price
above US average
$2043.5
Average Rent
above US average
10%
Poverty Rate
below US average
4.8%
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 $84,075.

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Income Needed to Buy

βœ— Stretch
$118k/year
Based on $376,400 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $118k vs median $84,075
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Income Needed to Rent

⚠ Stretch
$88k/year
Based on $2043.5/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $88k vs median $84,075
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Kaufman, TX

Kaufman, Texas, located in Kaufman County, is a small city that blends rural charm with suburban amenities. Situated approximately 30 miles east of Dallas, it benefits from proximity to urban resources while maintaining a close-knit community vibe. The city boasts a rich history, evident in its local architecture and historical sites. Kaufman features several parks and recreational facilities, making it ideal for outdoor activities. The downtown area is home to a variety of shops, restaurants, and local businesses, fostering a vibrant community atmosphere. Cultural events, such as annual festivals and farmers' markets, bring residents together and celebrate the area’s heritage. The local economy is diverse, with opportunities in retail, agriculture, and small business. Kaufman's schools are part of the Kaufman Independent School District, which is known for its commitment to education and community involvement. With its family-friendly environment and accessible location, Kaufman provides a welcoming setting for both longtime residents and newcomers.

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