Quick facts: Muenster, TX

Quick Facts

99.5
Cost of Living
below US average
1,627
Population
9.22
Crime Rate per 1000
below US average
$91,063
Median Income
above US average
$220,000
Median House Price
above US average
$2300.0
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 $91,063.

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Income Needed to Buy

βœ“ Affordable
$69k/year
Based on $220,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($91,063) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$99k/year
Based on $2300.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $99k vs median $91,063
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Muenster, TX

Muenster is a charming city located in Cooke County, Texas, approximately 60 miles northwest of Dallas. With a population of around 1,500 residents, this tight-knit community is known for its strong German heritage, reflected in local festivals, traditional cuisine, and architecture. Muenster boasts a rich cultural landscape, prominently featuring the annual Muenster Germanfest, which celebrates its roots with music, food, and various activities that draw visitors from surrounding areas. Outdoor enthusiasts can enjoy the nearby beauty of Lake Ray Roberts, offering opportunities for fishing, boating, and camping. The city's peaceful atmosphere is complemented by picturesque landscapes and small-town hospitality. Muenster also provides essential amenities, including schools, parks, and local shops, making it an ideal location for families and retirees seeking a quieter lifestyle. Its historical significance, combined with modern conveniences, creates a unique blend of old and new, making Muenster a delightful place to visit or call home.

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