The absence of state income tax will make your take-home pay higher and provide more income for the basic cost of living purchases. Its average cost is $1,124, or 49%, more than the national average of $2,305, for the coverage level of: $300,000 dwelling coverage; $1,000 deductible; $300,000 liability Katy, TX hosts 16 public schools rated good and higher by GreatSchools. The per capita income in 2017 was $31,344, which means an increase of 32.4% compared to 2000 when it was $21,192. Hidalgo County. Texas has no state income tax! There are currently 1,128 properties with a median home value in Katy, TX 77494 of $348,900. There are fixed-rate plans for Katy residents on ComparePower with rates as low as $0.06 . School service boundaries are intended to be used as reference only. The average Katy house price was $285K last month, up 15.6% since last year. Here are the best public schools in Katy, TX: You can find dozens of grocery stores, and hundreds of cafes and restaurants in Katy, TX. The average price for electricity in Texas in 2017 was 11.4 cents per kilowatt-hour (kWh). View homes for sale or rent in Vineyard Meadow and see new homes, trending properties, foreclosures and much more. Katy, TX is a seller's market in November 2020, which means that there are more people looking to buy than there are homes available. Under the standard rule, that income level would allow for $2,017 to be budgeted for housing expenses each month, at the most. There are 2,533 homes for sale in Katy, TX, 211 of which were newly listed within the last week. Homes sell for about 1% below list price and go pending in around 19 days. On average, to cover closing costs for a home in Texas, you'll need to save around 2.2% of the purchase price. The average Houston house price was $265K last month, up 19.3% since last year. Generally, real estate in the Katy, TX area is less affordable in Texas, as the median price of a home in Katy, TX is $156,400, which is 10% higher than the Texas average. Here are the average costs and prices reported back to us: Cost of Custom Home Building in Houston, Texas. In Katy, the median monthly income is $86,440 for those who own their own homes. Check with the applicable school district prior to making a decision based on these boundaries. We have done a little research to find the average cost of home inspection in Katy. The median home price is the middle value when you arrange all the sales prices of homes from lowest to highest. When building or updating a home, it's always good to review the average cost per square foot to build in 77494 before you start any project. Katy ... Zillow Home Value Price Index For Katy; Harris County TX Zip Codes; Homes for Sale in Katy with 3D Home Virtual Tours; Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. Average Home Values By City. Katy, Texas’s cost of living is 4% lower than the national average. The median list price of homes in Katy, TX was $315K in November 2020, trending up 10.5% year-over-year. The Houston, TX housing market is somewhat competitive, scoring 57 out of 100. Home Appreciation in Katy is up 4.4%. Homeowners insurance: Texas average cost. The Katy, TX housing market is very competitive, scoring 70 out of 100. Cost of Building a Garage Addition in Houston, Texas. Housing Data for Katy, TX . You can also find 7 private and charter schools. With 19,216 people, 6,000 houses or apartments, and a median cost of homes of $243,306, Katy real estate prices are well above average cost compared to national prices. Home appreciation the last 10 years has been 55.6%. Here are the average costs and prices reported back to us: Cost of Home Inspection Services in Houston, Texas. Some data are estimated due to a low number of contributors. After you create your account, you'll be able to customize options and … Homes in Katy receive 4 offers on average and sell in around 19 days. November 2020 was $138. The trend for median days on market in Katy, TX has gone down since last month, and slightly down since last year. Katy's home resale inventories is 272, which decreased 8 percent since November 2020. We will soon provide other points, such as The median list price of homes in Katy, TX was $315K in November 2020, trending up 10.5% year-over-year. The ones that weren't flooded are increasing though but that is likely temporary. This is 6% higher than the average rental price in Texas. The median list price per square foot in Katy, TX is $102. Various real estate options … Homes in Katy, TX sold for NaN% below asking price on average in November 2020. Average Home Inspection Cost in Houston. Average Rent in Katy, TX Below is our current fee schedule for residential appraisals in the Greater Houston area. The median list price in Katy is $424,504. Home owners comprise 73.3% of the population of Katy, TX, where an average of 2.8 people live in each home. The average cost of home insurance in Texas is $3,429, making Texas the fifth most expensive state in the country for home insurance. $158.67 per square foot for premium grade construction (Range: $125.00 - $192.33) $102.38 per square foot for standard grade construction (Range: $83.39 - $121.37) Free Estimates from Local Pros. Average Building Cost Per Square Foot in 77494: $129 Location: Katy, Texas (Fort Bend County) Average Square Footage in 77494: 1,300 Sq. Of the total homes in Katy, TX 82% are for sale, 18% are for rent, and 96% are single family homes. Fortunately, Texas is one of the few states that doesn’t levy transfer taxes or include a state recordation tax, which will save you a percentage of overall costs. Read reviews and our detailed analysis of Katy, TX Homeowners Insurance, compare quotes to get the best deal from the most trustworthy providers. 77084 is the most affordable city, with a median listing price of $214K. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! But Katy isn't just a place for people who want the best of Houston without, well, living in Houston: Katy is home to one of the highest-ranked school districts in Texas and its median home price is slightly lower than that of Houston, making it an affordable but high-quality place to live. Katy, TX Rental Market Trends Highlights. Average Home Appraisal Cost in Houston. The median list price per square foot in Katy is $143. The average effective property tax rate in Hidalgo County is 2.05%, seventh-highest in the state. 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