Housing costs in Ferris?
A typical home costs
$231,200, which is 31.6% less expensive than the national average of
$338,100 and 22.3% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Ferris costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 7.9% more than the state average of
$1,280.
Can I afford Ferris?
To live comfortably in Ferris, Texas, a minimum annual income of
$44,280 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about Ferris?
The cost of living in Ferris, TX is quite affordable compared to other cities in the state. The median home value is around $119,000, making it a great option for those looking for a place to settle down without breaking the bank. Renters will also find reasonable prices when shopping for an apartment or house in this town with the median rent being around $945 per month. Additionally, there are no income, sales or property taxes in Ferris, which allows residents to keep more of their hard-earned money in their pockets. With all these factors combined, it's easy to see why many people choose Ferris as their home.