Quick facts: Taylor, TX

Quick Facts

99.5
Cost of Living
below US average
16,975
Population
17.67
Crime Rate per 1000
below US average
$66,626
Median Income
below US average
$334,000
Median House Price
above US average
$1832.22
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 $66,626.

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Income Needed to Buy

βœ— Stretch
$105k/year
Based on $334,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $105k vs median $66,626
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Income Needed to Rent

⚠ Stretch
$79k/year
Based on $1832.22/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $79k vs median $66,626
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Taylor, TX

Taylor, Texas, is a charming city located in Williamson County, approximately 30 miles northeast of Austin. Known for its rich history and vibrant community, Taylor offers a blend of small-town charm and modern amenities. The city is named after President Zachary Taylor and has a strong heritage in agriculture, particularly cotton farming and railroad development. Taylor’s downtown area is filled with unique shops, restaurants, and historic buildings, making it a pleasant place for strolls. The city hosts several annual events, including the popular Taylor Rodeo and the Taylor BBQ Festival, which celebrate its local culture and traditions. Outdoor enthusiasts can enjoy nearby parks and recreational facilities, like the Taylor Regional Park and Sports Complex, which offers ample opportunities for sports, picnicking, and walking trails. The city also features access to various healthcare services and educational institutions, contributing to its appeal for families. With its friendly atmosphere, community-focused events, and proximity to Austin, Taylor is a growing city that retains its historical roots while embracing the future.

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