Quick facts: Booker, TX

Quick Facts

99.5
Cost of Living
below US average
1,339
Population
18.67
Crime Rate per 1000
below US average
$66,591
Median Income
below US average
$384,000
Median House Price
above US average
$1563
Average Rent
above US average
12%
Poverty Rate
above US average
4.5%
Unemployment Rate
above 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 $66,591.

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Income Needed to Buy

βœ— Stretch
$120k/year
Based on $384,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $120k vs median $66,591
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Income Needed to Rent

⚠ Stretch
$67k/year
Based on $1563/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $67k vs median $66,591
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Booker, TX

Booker, Texas, is a small rural town located in the northeastern part of the Texas Panhandle, within Hansford County. Established in the early 1900s, Booker is known for its tight-knit community and serene landscape. The town has a population of around 1,500 residents, and it serves as a gateway to the scenic beauty of the surrounding plains and farmland. The town boasts a rich agricultural heritage, with local farming and ranching playing a significant role in its economy. The area around Booker is characterized by wide-open spaces, scenic vistas, and a laid-back lifestyle. Key attractions include community parks, local shops, and the close proximity to the natural wonders of the Texas Panhandle. Education is provided by the Booker Independent School District, which serves the town’s youth and promotes a strong sense of community involvement. With its friendly atmosphere, Booker offers a peaceful retreat and a glimpse into the rural Texas way of life, making it an ideal spot for those who appreciate the charm of small-town living.

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