Quick facts: Port lavaca, TX

Quick Facts

99.5
Cost of Living
below US average
11,262
Population
20.33
Crime Rate per 1000
below US average
$58,871
Median Income
below US average
$169,900
Median House Price
above US average
$1151.29
Average Rent
below US average
15%
Poverty Rate
above US average
4.2%
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 $58,871.

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Income Needed to Buy

βœ“ Affordable
$53k/year
Based on $169,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($58,871) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$49k/year
Based on $1151.29/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($58,871) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Port lavaca, TX

Port Lavaca is a charming coastal city located in Calhoun County, Texas. Situated along the alluring waters of the Matagorda Bay, it boasts a rich history as a thriving fishing and naval community. The city is known for its picturesque waterfront, recreational opportunities, and vibrant marine life, making it a popular destination for fishing, boating, and birdwatching. The downtown area features unique shops and restaurants, while the Port Lavaca Beach provides a relaxing spot for both locals and visitors. The city's heritage is celebrated through various annual events, including seafood festivals and local art exhibitions. Port Lavaca's economy is boosted by the nearby industrial activities, including shipping and energy production, thanks to its proximity to larger cities and ports. Furthermore, the city's warm climate and friendly community create an inviting atmosphere, attracting newcomers and tourists alike. Outdoor enthusiasts can explore nearby parks like the Lighthouse Beach Park, which offers picnic areas, scenic views, and access to the beach. With its blend of natural beauty, historical significance, and community spirit, Port Lavaca is a hidden gem on the Texas Gulf Coast.

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