Omaha Mortgage Calculator for Alvarado, Texas (76009)

Free omaha mortgage calculator for residents of Alvarado, Texas. Calculate your monthly mortgage payment in Omaha, NE. Includes Nebraska property tax and insurance rates so you know your true housing cost.

MEDIAN HOUSEHOLD INCOME
$62,110
per year in Alvarado
MEDIAN HOME VALUE
$322,082
in Alvarado, TX
HOUSING AFFORDABILITY: EXPENSIVE

Home prices are high relative to local incomes, making homeownership challenging.

Local Context for Alvarado, Texas

In Alvarado, Texas (Johnson County, ZIP area), the median household income is $62,110 per year and the median home value is $322,082. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Alvarado, Texas (ZIP 76009)

City Alvarado, Texas
County Johnson County
ZIP Code 76009
State Texas
Time Zone Chicago
Median Household Income $62,110/year
Median Home Value $322,082

Housing & Cost of Living — Alvarado, Texas

Affordability Tier Moderately Expensive
Price-to-Income Ratio 3.5x
Est. Monthly Mortgage (20% down, 6.65%) $1,121/mo
Mortgage as % of Monthly Income 21.7%
Income vs. National Median near the national median
Income Tier Lower-Middle Income
Home Value vs. National Median near the national median
Housing Market Tier Affordable Market
Cost of Living Index 74 (Significantly Below Average)

With a price-to-income ratio of 3.5x — above the national average of 4.1x — buyers in this area need to stretch further relative to their income.

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