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Debt relief in Streetman, Texas

The typical owner-occupied home in Streetman is worth about $96,900, 66% below the Texas median of $283,800 and 71% below the national median of $332,700. The median household earns $54,125 a year, so the median home costs 1.8 times the median income (3.6 times for Texas). 85% of occupied homes here are lived in by their owners, and 18% of those owners still have a mortgage.

Streetman at a glance

Streetman Texas U.S.
Median home value $96,900 $283,800 $332,700
Median property tax paid per year – $4,232 $3,119
Median household income $54,125 $78,476 $80,734
Homes lived in by their owners 85% 63% 65%
Owner homes with a mortgage 18% 56% 61%
Median monthly costs, owners with a mortgage $1,328 $2,106 $1,963
Those costs as a share of the owners' income 15.5% 21.7% 21.0%
Median rent $644 $1,403 $1,413
Rent as a share of renters' income 51.0% 30.9% 30.6%
Median year homes were built 1978 1992 1980
Vacant homes 19.3% 9.4% 10.1%
People below the poverty line 11.8% 13.8% 12.5%
Population 220 30,188,424 334,922,499

Household budgets and debt in Streetman

In Streetman, the typical owner with a mortgage spends 15.5% of household income on housing and the typical renter spends 51.0%. Above 30% is generally considered cost-burdened, which leaves less room for other debts.

11.8% of residents live below the federal poverty line, compared with 13.8% in Texas.

If debts are getting hard to manage, the usual options, from mildest to most serious, are: a budget and a call to your lenders to ask for a hardship plan; a debt management plan through a nonprofit credit counselor, which can lower interest rates; a debt consolidation loan or, for homeowners, a cash-out refinance or home equity loan; debt settlement, where a company negotiates to pay less than you owe; and bankruptcy.

Under the Federal Trade Commission's rules, debt settlement companies can't charge a fee until they have settled at least one of your debts. Settling can hurt your credit and forgiven debt may be taxable, so compare it with credit counseling first. Time limits for collectors to sue differ by state and by type of debt; check with your state attorney general or a lawyer before relying on one.

Homeowners can sometimes pay off high-interest debt with their home's equity. With the median Streetman home worth $96,900 and 82% of owners mortgage-free, many owners have equity to draw on, but it turns unsecured debt into debt secured by your home.

Questions about debt relief in Streetman

What is the median home value in Streetman?

About $96,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much of their income do Streetman households spend on housing?

With a median household income of $54,125, owners with a mortgage spend a median 15.5% on housing and renters 51.0%.

More about Streetman

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data