Quick facts: Port arthur, TX

Quick Facts

99.5
Cost of Living
below US average
55,579
Population
25.64
Crime Rate per 1000
above US average
$45,357
Median Income
below US average
$83,000
Median House Price
above US average
$1469.2
Average Rent
above US average
23%
Poverty Rate
above US average
11.0%
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 $45,357.

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Income Needed to Buy

βœ“ Affordable
$26k/year
Based on $83,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($45,357) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$63k/year
Based on $1469.2/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $63k vs median $45,357
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Port arthur, TX

Port Arthur is a vibrant city located in Southeast Texas, known for its rich cultural heritage and proximity to the Gulf of Mexico. With a population of around 55,000, Port Arthur has a strong influence from its historical ties to the oil industry, which played a significant role in its development. The city features several attractions, including the Sabine Lake, which offers opportunities for fishing, boating, and other water activities. The Texas State Aquarium nearby showcases the region's diverse marine life. Port Arthur is also home to the Museum of the Gulf Coast, which highlights the area's history, culture, and contributions to music, particularly the recognition of artists like Janis Joplin and the city's connection to blues music. Port Arthur celebrates its diversity through various festivals and events, reflecting its vibrant community spirit. The city's climate is characterized by a humid subtropical climate, making it warm and inviting for outdoor activities year-round. Overall, Port Arthur is a unique blend of traditional Texan charm and a dynamic multicultural atmosphere, offering a glimpse into both its historical significance and modern-day allure.

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