Quick facts: Tulia, TX

Quick Facts

99.5
Cost of Living
below US average
4,389
Population
27.8
Crime Rate per 1000
above US average
$29,408
Median Income
below US average
$105,000
Median House Price
above US average
$756.43
Average Rent
below US average
15%
Poverty Rate
above US average
5.0%
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 $29,408.

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Income Needed to Buy

βœ— Stretch
$33k/year
Based on $105,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $33k vs median $29,408
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Income Needed to Rent

⚠ Stretch
$32k/year
Based on $756.43/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $32k vs median $29,408
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Tulia, TX

Tulia is a small city located in the Texas Panhandle, primarily within Swisher County. Founded in the early 1900s, the city has a rich agricultural heritage and is known for its cotton and cattle production. With a population of around 4,800 residents, Tulia boasts a close-knit community atmosphere, where local events and traditions play a significant role in daily life. The city offers various amenities, including parks, schools, and local businesses that cater to residents' needs. Tulia also hosts the annual Swisher County Fair, showcasing local culture, agriculture, and community spirit. The area features beautiful landscapes typical of rural Texas, with wide-open skies and a backdrop of rolling plains. For those interested in exploring the region's history, the Swisher County Museum provides insight into the area's past, featuring exhibits on local history and artifacts. Despite its small size, Tulia is characterized by its hospitality and welcoming community, making it a unique place to visit or reside in Texas.

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