75771, Lindale, TX

Lindale, TX is located in Williamson County and has a population of around 14,000. The median household income in the zip code is $60,000 and the median home value is $187,500. Lindale has a relatively low unemployment rate of 3.5% and a high percentage of homeowners (84%).

The average mortgage rate in Lindale is 4.02%, which is lower than the national average of 4.31%. The percentage of mortgages that are fixed-rate is higher than the national average (77%) but lower than the percentage of mortgages that are adjustable-rate (15%). The percentage of mortgages that are hybrid-rate is also higher than the national average (5%).

There are a number of factors that could be contributing to the high home values in Lindale. First, Lindale has a low population density which allows for more land to be purchased per capita. Second, Lindale has a strong economy with an above-average job market. Third, there are few vacant homes in Lindale which may contribute to increased prices. Fourth, there is little competition for homes in Lindale due to its small population size. Fifth, home values have not decreased significantly since 2007 despite economic recessionary conditions nationwide. Sixth, Lindale's schools are rated as excellent by parents and students alike which may contribute to increased home values over time.