Quick facts: Grand saline, TX

Quick Facts

99.5
Cost of Living
below US average
3,219
Population
7.77
Crime Rate per 1000
below US average
$37,823
Median Income
below US average
$269,000
Median House Price
above US average
$1650.0
Average Rent
above US average
16%
Poverty Rate
above 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 $37,823.

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Income Needed to Buy

βœ— Stretch
$84k/year
Based on $269,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $84k vs median $37,823
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Income Needed to Rent

⚠ Stretch
$71k/year
Based on $1650.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $71k vs median $37,823
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Grand saline, TX

Grand Saline is a small town located in Van Zandt County, Texas. Nestled in the picturesque East Texas region, the town boasts a rich history, particularly known for its salt production, which dates back to the 19th century. With a population of around 1,200 residents, Grand Saline maintains a close-knit community atmosphere. The town is situated approximately 70 miles east of Dallas, making it a serene escape from the hustle and bustle of city life while still being accessible to urban amenities. Grand Saline features local shops, eateries, and parks, providing residents and visitors with a quaint, charming experience. Outdoor enthusiasts can enjoy nearby recreational activities, including fishing and hiking in the surrounding countryside. The annual events and festivals bring the community together, promoting local culture and traditions. Grand Saline’s historical significance is evident in its preserved architecture and local heritage, making it a unique spot to explore the rich stories of East Texas. Whether you’re passing through or considering a visit, Grand Saline offers a glimpse into the tranquil lifestyle of rural Texas.

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