Quick facts: Purdon, TX

Quick Facts

99.5
Cost of Living
below US average
63
Population
15.87
Crime Rate per 1000
below US average
$52,000
Median Income
below US average
$145,000
Median House Price
above US average
$1050.0
Average Rent
below US average
10%
Poverty Rate
below US average
5.0%
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 $52,000.

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Income Needed to Buy

βœ“ Affordable
$45k/year
Based on $145,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($52,000) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$45k/year
Based on $1050.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($52,000) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Purdon, TX

Purdon is a small community located in Navarro County, Texas. Nestled in the northeastern part of the state, it features a quaint, rural atmosphere that reflects typical small-town life in Texas. With a population of just a few hundred residents, Purdon offers a close-knit community feel, making it a peaceful place for families and individuals seeking solace from urban hustle. The area is characterized by picturesque landscapes with rolling hills, farmland, and a mix of native trees and plants. Purdon has a strong historical background, with origins dating back to the late 19th century, and it retains a charming, old-town vibe. Though small, Purdon provides essential amenities for daily living, including local shops and services. Residents often engage in outdoor activities, and nearby, there are opportunities for fishing, hiking, and enjoying the natural Texan countryside. For larger needs or entertainment options, residents often travel to nearby cities like Corsicana, which is just a short drive away, offering more extensive shopping, dining, and cultural experiences. Overall, Purdon is ideal for those desiring a calm, country lifestyle immersed in community values.

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