Quick facts: Rio vista, TX

Quick Facts

99.5
Cost of Living
below US average
1,168
Population
17.12
Crime Rate per 1000
below US average
$68,078
Median Income
below US average
$120,655
Median House Price
above US average
$1250.0
Average Rent
below US average
13%
Poverty Rate
above 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 $68,078.

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Income Needed to Buy

βœ“ Affordable
$38k/year
Based on $120,655 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($68,078) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$54k/year
Based on $1250.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($68,078) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Rio vista, TX

Rio Vista, Texas, is a small but charming city located in Johnson County, approximately 30 miles southwest of Fort Worth. The city, with a population of around 1,400 residents, offers a quaint, rural atmosphere with a close-knit community feel. Founded in the late 19th century, Rio Vista is steeped in history and is known for its friendly residents and peaceful surroundings. The city's landscape is characterized by open spaces and agricultural land, making it ideal for those who enjoy outdoor activities and a slower pace of life. The nearby Brazos River provides opportunities for fishing, boating, and other water-related activities. Local amenities include parks, schools, and a few small businesses, contributing to the town's community-oriented environment. Rio Vista also hosts annual events and celebrations that draw residents together, fostering a strong sense of community pride. With its proximity to larger urban centers like Fort Worth, residents can enjoy the benefits of rural living while still having access to the amenities and job opportunities of a big city.

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