Housing costs in New Summerfield?
A typical home costs
$130,100, which is 61.5% less expensive than the national average of
$338,100 and 56.3% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in New Summerfield costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 48.8% cheaper than the state average of
$1,280.
Can I afford New Summerfield?
To live comfortably in New Summerfield, Texas, a minimum annual income of
$24,840 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about New Summerfield?
The cost of living in New Summerfield, TX is quite reasonable compared to other areas of the state. The median household income in the area is around $50,000 while the median home value is around $150,000. Taxes are relatively low when compared to other parts of Texas. Groceries, gas, and utilities are also comparable in price to other nearby cities. In addition, New Summerfield offers a variety of affordable housing options for those looking to purchase a home or rent an apartment at an affordable rate. All in all, New Summerfield is a great place to live without having to worry about breaking the bank.