The typical owner-occupied home in Placedo is worth about $45,900, 84% below the Texas median of $283,800 and 86% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.43% of their home's value, lower than the Texas rate of 1.49%. 100% of occupied homes here are lived in by their owners, and 18% of those owners still have a mortgage.
Placedo at a glance
| Placedo | Texas | U.S. | |
|---|---|---|---|
| Median home value | $45,900 | $283,800 | $332,700 |
| Median property tax paid per year | $199 | $4,232 | $3,119 |
| Property tax as a share of value | 0.43% | 1.49% | 0.94% |
| Median household income | – | $78,476 | $80,734 |
| Homes lived in by their owners | 100% | 63% | 65% |
| Owner homes with a mortgage | 18% | 56% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,106 | $1,963 |
| Median rent | – | $1,403 | $1,413 |
| Median year homes were built | 1969 | 1992 | 1980 |
| Vacant homes | 21.5% | 9.4% | 10.1% |
| Population | 539 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Placedo
At this week's average 30-year rate of 7.11%, buying the median Placedo home of $45,900 with 20% down costs about $283 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $359, 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 $12,111 for the 20%-down payment.
| Down payment | $9,180 |
|---|---|
| Loan amount | $36,720 |
| Principal and interest | $247 |
| Property taxes (0.43% a year) | $16 |
| Homeowners insurance (our estimate, 0.5% a year) | $19 |
| PMI | $0 |
| Total per month | $283 |
Change the numbers in the calculator
| Down payment | $1,606 |
|---|---|
| Loan amount | $45,069 |
| Principal and interest | $303 |
| Property taxes (0.43% a year) | $16 |
| Homeowners insurance (our estimate, 0.5% a year) | $19 |
| FHA mortgage insurance | $20 |
| Total per month | $359 |
Change the numbers in the calculator
Questions about home buying in Placedo
What is the median home value in Placedo?
About $45,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Placedo?
Homeowners pay a median $199 a year, which is about 0.43% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Placedo?
For the median home with 20% down at 7.11%, the payment is about $283 a month. Keeping that under 28% of gross income takes about $12,111 a year.
More about Placedo
- Mortgage Refinance in Placedo
- Debt Relief in Placedo
- Home Equity Loans in Placedo
- 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