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Affordable
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These days, finding an affordable place to live in the Razor area can be challenging. Home prices in Razor are now at a median cost of $167,500, lower than the Texas average of $322,096.
The average cost of rent is $1,096/mo in Razor, primarily driven by the current value of real estate in the Razor area. In Razor, 28.46% of households rent, and 69.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Razor is $6,320 per month. Households that rent pay about 17.34% of their income on rent here. Razor’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Belk, TX: equally priced homes
- Forest Chapel, TX: equally priced homes
- Gay, OK: less expensive homes
- Emberson, TX: higher priced homes
- Arthur City, TX: higher priced homes
- Cavines, TX: higher priced homes
- Goodland, OK: less expensive homes
- Unity, TX: higher priced homes
- Sumner, TX: higher priced homes
- Oberlin, OK: less expensive homes
Cities with Similar Populations
- Wynnburg, TN: equally priced homes
- Arvada, WY: higher priced homes
- Athol, KS: less expensive homes
- Atwater, IL: equally priced homes
- Bass, AR: less expensive homes
- Bassett, AR: less expensive homes
- Benezett, PA: equally priced homes
- Benton, IA: equally priced homes
- Woodford, OK: higher priced homes
- Woodland, TN: higher priced homes
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