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Affordable
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These days, finding an affordable place to live in the Thorp Spring area can be challenging. Home prices in Thorp Spring are now at a median cost of $270,147, lower than the Texas average of $322,096.
The average cost of rent is $1,315/mo in Thorp Spring, primarily driven by the current value of real estate in the Thorp Spring area. In Thorp Spring, 11.79% of households rent, and 48.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Thorp Spring is $6,523 per month. Households that rent pay about 20.16% of their income on rent here. Thorp Spring’s most expensive areas are in the eastern 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
- Brazos Bend, TX: higher priced homes
- Granbury, TX: higher priced homes
- Lipan, TX: equally priced homes
- Dennis, TX: higher priced homes
- DeCordova, TX: higher priced homes
- Cresson, TX: higher priced homes
- Annetta South, TX: higher priced homes
- Annetta, TX: higher priced homes
- New Salem, TX: higher priced homes
- Godley, TX: higher priced homes
Cities with Similar Populations
- Triumph, ID: higher priced homes
- Big Pond, PA: less expensive homes
- Black Lick, PA: less expensive homes
- Boneville, GA: equally priced homes
- Bowers, WI: higher priced homes
- Brockton, MT: less expensive homes
- Cragsmoor, NY: equally priced homes
- Thorntonville, TX: less expensive homes
- Touchstone, MS: less expensive homes
- Town Creek, TN: less expensive homes
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