Quick facts: Tomball, TX

Quick Facts

102.0
Cost of Living
above US average
13,585
Population
29.67
Crime Rate per 1000
above US average
$70,829
Median Income
below US average
$395,000
Median House Price
above US average
$2320.75
Average Rent
above US average
9%
Poverty Rate
below US average
3.2%
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 $70,829.

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Income Needed to Buy

βœ— Stretch
$124k/year
Based on $395,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $124k vs median $70,829
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Income Needed to Rent

⚠ Stretch
$99k/year
Based on $2320.75/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $99k vs median $70,829
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Tomball, TX

Tomball, Texas, located within the Houston metropolitan area, is a vibrant city known for its small-town charm combined with the accessibility of urban amenities. Established in the late 1800s, Tomball has retained its rich history while evolving into a modern community with a diverse population. The city offers a variety of recreational opportunities, including parks, trails, and community events. The Tomball Farmers Market is a popular destination, featuring locally sourced goods and crafts. Residents and visitors can also enjoy the annual Tomball German Festival, celebrating the area's German heritage with food, music, and culture. Tomball is conveniently situated near major highways, providing easy access to Houston, which is just a short drive away. The local economy is largely driven by retail, healthcare, and education sectors, with several schools and colleges serving the area. With a welcoming atmosphere, friendly neighborhoods, and strong community ties, Tomball continues to attract families and individuals looking for a balance of suburban life and proximity to big-city conveniences.

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