Quick facts: San angelo, TX

Quick Facts

99.5
Cost of Living
below US average
99,112
Population
31.64
Crime Rate per 1000
above US average
$65,040
Median Income
below US average
$325,000
Median House Price
above US average
$1563
Average Rent
above 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 $65,040.

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Income Needed to Buy

βœ— Stretch
$102k/year
Based on $325,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $102k vs median $65,040
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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 $65,040
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for San angelo, TX

San Angelo, Texas, located in the central-western part of the state, is a vibrant city rich in history and culture. Known for its unique blend of historic charm and modern amenities, San Angelo features a picturesque downtown with beautifully restored buildings, an array of art galleries, and local shops. The city is situated along the Concho River, which offers scenic parks and walking trails, making it a great spot for outdoor enthusiasts. San Angelo is home to the annual San Angelo Stock Show & Rodeo, a significant event that highlights the city’s agricultural roots. The area also boasts several museums, including the San Angelo Museum of Fine Arts and the Fort Concho National Historic Landmark, which reflects its military history. With a relatively low cost of living, San Angelo offers a welcoming community atmosphere, making it an attractive place for families and retirees. The climate is classified as semi-arid, featuring hot summers and mild winters, perfect for year-round outdoor activities. Overall, San Angelo embodies a small-town feel with a rich cultural scene, making it a hidden gem in Texas.

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