Quick facts: Rising star, TX

Quick Facts

99.5
Cost of Living
below US average
765
Population
19.61
Crime Rate per 1000
below US average
$32,697
Median Income
below US average
$479,600
Median House Price
above US average
$1563
Average Rent
above US average
10%
Poverty Rate
below US average
3.2%
Unemployment Rate
below 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 $32,697.

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Income Needed to Buy

βœ— Stretch
$150k/year
Based on $479,600 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $150k vs median $32,697
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Income Needed to Rent

⚠ Stretch
$67k/year
Based on $1563/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $67k vs median $32,697
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Rising star, TX

Rising Star is a charming small town located in Eastland County, Texas. With a population of around 1,200, this tight-knit community offers a peaceful, rural lifestyle surrounded by the natural beauty of the Texas landscape. The town features a mix of historic and modern architecture, with several quaint shops, local eateries, and essential services catering to residents and visitors. Rising Star is known for its friendly atmosphere and strong sense of community. The town hosts various local events and gatherings throughout the year, fostering connections among its residents. The nearby Eastland Lake and recreational areas provide opportunities for outdoor activities such as fishing, hiking, and picnicking. The town is conveniently located along U.S. Highway 180, making it accessible for those traveling to larger nearby cities like Eastland and Abilene. Although small, Rising Star's community spirit and rural charm offer a welcoming environment for families and individuals seeking a quieter lifestyle in Texas.

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