Quick facts: Bastrop, TX

Quick Facts

105.3
Cost of Living
above US average
11,189
Population
34.14
Crime Rate per 1000
above US average
$59,087
Median Income
below US average
$355,000
Median House Price
above US average
$2068.99
Average Rent
above US average
10%
Poverty Rate
below US average
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $59,087.

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Income Needed to Buy

βœ— Stretch
$111k/year
Based on $355,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $111k vs median $59,087
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Income Needed to Rent

⚠ Stretch
$89k/year
Based on $2068.99/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $89k vs median $59,087
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bastrop, TX

Bastrop, Texas, is a charming city located in Bastrop County, about 30 miles southeast of Austin. Known for its rich history and beautiful natural surroundings, Bastrop offers a blend of small-town charm and modern amenities. The city is often referred to as the "Birthplace of Texas," with roots tracing back to the early 1800s. One of Bastrop's key attractions is the historic downtown area, characterized by well-preserved buildings, unique shops, and local eateries. The town is also home to the scenic Bastrop State Park, which features hiking trails, fishing opportunities, and picturesque views of the Lost Pines forest. Outdoor enthusiasts can explore the Colorado River for kayaking and fishing, while the Bastrop area hosts numerous annual events, such as the Bastrop Music Festival. The community is known for its friendly atmosphere, making it a welcoming destination for visitors and new residents alike. With a growing population and a strong sense of community, Bastrop combines a relaxed lifestyle with access to urban conveniences, making it an appealing place to live and explore.

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