The typical owner-occupied home in Roaring Springs is worth about $52,500, 82% below the Texas median of $283,800 and 84% below the national median of $332,700. The median household earns $39,423 a year, so the median home costs 1.3 times the median income (3.6 times for Texas). 74% of occupied homes here are lived in by their owners, and 10% of those owners still have a mortgage.
Roaring Springs at a glance
| Roaring Springs | Texas | U.S. | |
|---|---|---|---|
| Median home value | $52,500 | $283,800 | $332,700 |
| Median property tax paid per year | – | $4,232 | $3,119 |
| Median household income | $39,423 | $78,476 | $80,734 |
| Homes lived in by their owners | 74% | 63% | 65% |
| Owner homes with a mortgage | 10% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,500 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 32.5% | 21.7% | 21.0% |
| Median rent | $862 | $1,403 | $1,413 |
| Rent as a share of renters' income | 20.6% | 30.9% | 30.6% |
| Median year homes were built | 1958 | 1992 | 1980 |
| Vacant homes | 33.9% | 9.4% | 10.1% |
| Population | 247 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Roaring Springs
At this week's average 30-year rate of 7.11%, buying the median Roaring Springs home of $52,500 with 20% down costs about $353 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $440, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $15,109 for the 20%-down payment. That payment is 11% of the median Roaring Springs household income of $39,423; at that income and 20% down, the 28% guideline points to a home of about $137,000.
The median rent here is $862 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $10,500 |
|---|---|
| Loan amount | $42,000 |
| Principal and interest | $283 |
| Property taxes (1.10% a year) | $48 |
| Homeowners insurance (our estimate, 0.5% a year) | $22 |
| PMI | $0 |
| Total per month | $353 |
Change the numbers in the calculator
| Down payment | $1,838 |
|---|---|
| Loan amount | $51,549 |
| Principal and interest | $347 |
| Property taxes (1.10% a year) | $48 |
| Homeowners insurance (our estimate, 0.5% a year) | $22 |
| FHA mortgage insurance | $23 |
| Total per month | $440 |
Change the numbers in the calculator
Questions about home buying in Roaring Springs
What is the median home value in Roaring Springs?
About $52,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Roaring Springs?
For the median home with 20% down at 7.11%, the payment is about $353 a month. Keeping that under 28% of gross income takes about $15,109 a year.
More about Roaring Springs
- Mortgage Refinance in Roaring Springs
- Debt Relief in Roaring Springs
- Home Equity Loans in Roaring Springs
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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