Quick facts: Pearland, TX

Quick Facts

110.5
Cost of Living
above US average
126,949
Population
17.87
Crime Rate per 1000
below US average
$111,123
Median Income
above US average
$411,990
Median House Price
above US average
$2152.98
Average Rent
above US average
8%
Poverty Rate
below US average
4.1%
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 $111,123.

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Income Needed to Buy

βœ— Stretch
$129k/year
Based on $411,990 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $129k vs median $111,123
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Income Needed to Rent

βœ“ Affordable
$92k/year
Based on $2152.98/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($111,123) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Pearland, TX

Pearland, Texas, is a vibrant city located just south of Houston in Brazoria County. Known for its rapid growth and suburban charm, Pearland is a desirable place for families and professionals alike. The city boasts a population that has expanded significantly in recent years, driven by its proximity to Houston's job market and amenities. Pearland offers a blend of urban convenience and small-town feel, featuring various retail centers, parks, and recreational opportunities. Notable spots include the Pearland Town Center, a popular shopping destination, and the expansive Shadow Creek Ranch, which offers beautiful walking trails and community events. Education is a priority in Pearland, with several highly rated public schools belonging to the Pearland Independent School District. The city's commitment to safety and community engagement enhances its appeal as a place to live. Additionally, residents enjoy a variety of cultural and recreational activities, including sports leagues, arts programs, and annual festivals. With easy access to Houston's diverse attractions and a growing number of local amenities, Pearland is a thriving hub in the Greater Houston Area.

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