Omaha Mortgage Calculator for Rio Hondo, Texas (78583)

Free omaha mortgage calculator for residents of Rio Hondo, 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
$77,832
per year in Rio Hondo
MEDIAN HOME VALUE
$207,982
in Rio Hondo, TX
HOUSING AFFORDABILITY: VERY AFFORDABLE

Home prices are well within reach for median-income households in this area.

Local Context for Rio Hondo, Texas

In Rio Hondo, Texas (Cameron County, ZIP area), the median household income is $77,832 per year and the median home value is $207,982. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Rio Hondo, Texas (ZIP 78583)

City Rio Hondo, Texas
County Cameron County
ZIP Code 78583
State Texas
Time Zone Chicago
Median Household Income $77,832/year
Median Home Value $207,982

Housing & Cost of Living — Rio Hondo, Texas

Affordability Tier Moderately Expensive
Price-to-Income Ratio 3.8x
Est. Monthly Mortgage (20% down, 6.65%) $1,519/mo
Mortgage as % of Monthly Income 23.4%
Income vs. National Median near the national median
Income Tier Middle Income
Home Value vs. National Median near the national median
Housing Market Tier Affordable Market
Cost of Living Index 100 (Near National Average)

With a price-to-income ratio of 3.8x — above the national average of 4.1x — buyers in this area need to stretch further relative to their income.

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