The typical owner-occupied home in Loving is worth about $261,900, 8% below the Texas median of $283,800 and 21% below the national median of $332,700. The median household earns $94,545 a year, so the median home costs 2.8 times the median income (3.6 times for Texas). 100% of occupied homes here are lived in by their owners, and 40% of those owners still have a mortgage.
Loving at a glance
| Loving | Texas | U.S. | |
|---|---|---|---|
| Median home value | $261,900 | $283,800 | $332,700 |
| Median property tax paid per year | – | $4,232 | $3,119 |
| Median household income | $94,545 | $78,476 | $80,734 |
| Homes lived in by their owners | 100% | 63% | 65% |
| Owner homes with a mortgage | 40% | 56% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,106 | $1,963 |
| Median rent | – | $1,403 | $1,413 |
| Median year homes were built | 1992 | 1992 | 1980 |
| Vacant homes | 5.5% | 9.4% | 10.1% |
| Population | 87 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Loving
At this week's average 30-year rate of 7.11%, buying the median Loving home of $261,900 with 20% down costs about $1,759 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,195, 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 $75,371 for the 20%-down payment. That payment is 22% of the median Loving household income of $94,545; at that income and 20% down, the 28% guideline points to a home of about $329,000.
| Down payment | $52,380 |
|---|---|
| Loan amount | $209,520 |
| Principal and interest | $1,409 |
| Property taxes (1.10% a year) | $240 |
| Homeowners insurance (our estimate, 0.5% a year) | $109 |
| PMI | $0 |
| Total per month | $1,759 |
Change the numbers in the calculator
| Down payment | $9,166 |
|---|---|
| Loan amount | $257,156 |
| Principal and interest | $1,730 |
| Property taxes (1.10% a year) | $240 |
| Homeowners insurance (our estimate, 0.5% a year) | $109 |
| FHA mortgage insurance | $116 |
| Total per month | $2,195 |
Change the numbers in the calculator
Questions about home buying in Loving
What is the median home value in Loving?
About $261,900 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 Loving?
For the median home with 20% down at 7.11%, the payment is about $1,759 a month. Keeping that under 28% of gross income takes about $75,371 a year.
More about Loving
- Mortgage Refinance in Loving
- Debt Relief in Loving
- Home Equity Loans in Loving
- 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