Quick facts: Onalaska, TX

Quick Facts

99.5
Cost of Living
below US average
3,205
Population
20.28
Crime Rate per 1000
below US average
$56,168
Median Income
below US average
$164,900
Median House Price
above US average
$1563.93
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 $56,168.

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Income Needed to Buy

βœ“ Affordable
$52k/year
Based on $164,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($56,168) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$67k/year
Based on $1563.93/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $67k vs median $56,168
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Onalaska, TX

Onalaska is a small city located in Polk County, Texas. Nestled on the shores of Lake Livingston, it offers a picturesque setting for both residents and visitors. With a population of around 2,500, Onalaska maintains a friendly, small-town atmosphere while providing access to the natural beauty of East Texas. The city is known for its recreational opportunities, particularly fishing, boating, and water sports on Lake Livingston, one of the largest lakes in Texas. The surrounding pine forests provide hiking trails and wildlife viewing opportunities, making it a popular destination for nature enthusiasts. Onalaska's community is vibrant, featuring local businesses, shops, and dining options that reflect its Texan heritage. Annual events and festivals foster a sense of community, attracting both locals and tourists. Located conveniently along U.S. Highway 190, it provides easy access to nearby cities like Livingston and Conroe, enhancing its appeal for those seeking a quiet retreat with urban conveniences nearby. With its serene landscapes and welcoming atmosphere, Onalaska is a charming locale in the heart of Texas.

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