Texas Reverse Mortgage Resources


Texas Reverse Mortgage Resources

Reverse mortgages in Texas are not taxable, and generally do not affect your Social Security or Medicare benefits. You retain the title to your home, and you do not have to make monthly repayments. The loan must be repaid when the last surviving borrower dies, sells the home, or no longer lives in the home as a principal residence.

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Snapshot of Texas

24.8 M

Population

$82,500

Median Home Value

64%

Home Ownership Rate

10%

Percent PopulationOver 65

Find Your City to Compare State and National Averages

Location Population Med. Home Value Home Ownership Rate % Population Over 65
USA 307,006,550 $119,600 66% 13%
Texas 24,782,302 $82,500 64% 10%
Abilene 114,797 $61,100 59% 12%
Allen 73,298 $142,400 86% 3%
Amarillo 185,525 $74,400 63% 13%
Arlington 367,197 $96,400 55% 6%
Austin 709,893 $124,700 45% 7%
Baytown 68,714 $66,800 60% 10%
Beaumont 109,856 $62,500 60% 13%
Bedford 48,752 $116,300 55% 9%
Big Spring 24,222 $36,500 64% 14%
Brownsville 172,437 $53,000 61% 10%
Bryan 67,266 $78,900 51% 9%
Carrollton 121,604 $125,900 66% 5%
Cedar Hill 42,932 $96,200 81% 5%
Cedar Park 52,058 $128,100 84% 4%
Cleburne 29,689 $65,100 67% 14%
College Station 74,125 $119,500 31% 4%
Conroe 49,760 $78,500 47% 10%
Coppell 39,175 $210,700 77% 3%
Copperas Cove 29,727 $72,600 54% 5%
Corpus Christi 285,267 $72,100 60% 11%
Dallas 1,232,940 $89,800 43% 9%
Deer Park 29,784 $90,900 79% 7%
Del Rio 36,491 $59,700 65% 12%
Denton 109,561 $103,800 42% 8%
Desoto 45,954 $110,600 72% 9%
Duncanville 35,583 $88,700 72% 10%
Edinburg 66,672 $63,500 62% 8%
El Paso 609,415 $71,300 61% 11%
Euless 52,016 $94,900 44% 6%
Farmers Branch 26,583 $99,200 68% 12%
Flower Mound 65,851 $183,500 93% 3%
Fort Worth 653,320 $71,100 56% 10%
Friendswood 33,478 $124,500 80% 9%
Frisco 80,499 $157,200 81% 4%
Galveston 57,523 $73,800 44% 14%
Garland 217,963 $86,400 66% 7%
Georgetown 42,467 $140,600 69% 18%
Grand Prairie 153,812 $84,100 61% 6%
Grapevine 48,583 $157,100 65% 5%
Haltom City 39,987 $64,400 60% 10%
Harlingen 64,202 $59,400 61% 15%
Houston 2,144,491 $79,300 46% 8%
Huntsville 37,537 $90,400 44% 9%
Hurst 38,182 $98,100 66% 12%
Irving 196,084 $94,200 37% 6%
Keller 36,925 $173,000 93% 4%
Killeen 102,003 $73,700 46% 5%
Kingsville 24,394 $50,500 55% 11%
La Porte 33,886 $82,100 77% 7%
Lake Jackson 27,614 $95,600 71% 10%
Lancaster 33,790 $76,100 66% 9%
Laredo 215,484 $77,900 64% 8%
League City 65,351 $112,000 77% 6%
Lewisville 94,589 $116,700 54% 4%
Longview 76,524 $76,100 58% 13%
Lubbock 212,169 $69,500 56% 11%
Lufkin 33,863 $68,500 60% 15%
Mansfield 41,564 $127,200 87% 6%
Mcallen 126,411 $73,900 63% 10%
Mckinney 107,530 $148,100 70% 7%
Mesquite 131,447 $85,500 66% 7%
Midland 102,073 $72,500 66% 12%
Mission 63,272 $63,900 75% 14%
Missouri City 73,679 $111,800 91% 5%
Nacogdoches 31,135 $78,400 44% 11%
New Braunfels 49,969 $95,100 64% 17%
North Richland Hills 62,306 $100,300 67% 9%
Odessa 95,163 $47,700 64% 12%
Paris 26,490 $52,600 54% 18%
Pasadena 144,793 $70,300 56% 8%
Pearland 68,305 $117,700 79% 8%
Pharr 61,360 $45,600 73% 12%
Plano 255,009 $162,300 69% 5%
Port Arthur 55,745 $35,900 62% 16%
Richardson 99,822 $131,400 64% 10%
Round Rock 92,392 $119,600 65% 5%
Rowlett 54,869 $116,900 92% 5%
San Angelo 88,300 $62,200 61% 14%
San Antonio 1,296,682 $68,800 58% 10%
San Juan 32,319 $48,200 77% 8%
San Marcos 47,181 $83,400 30% 7%
Sherman 37,623 $69,400 56% 15%
Socorro 31,080 $54,400 81% 6%
Sugar Land 79,943 $158,000 84% 7%
Temple 54,984 $76,100 56% 16%
Texarkana 36,054 $65,800 59% 16%
Texas City 45,070 $63,800 63% 13%
The Colony 40,206 $95,700 83% 3%
Tyler 94,146 $81,200 56% 15%
Victoria 62,169 $72,600 61% 13%
Waco 121,496 $53,300 46% 13%
Weslaco 32,092 $53,200 65% 15%
Wichita Falls 99,354 $62,700 58% 12%
Source U.S. Census Bureau: State and County QuickFacts. Data derived from Population Estimates, Census of Population and Housing, Small Area Income and Poverty Estimates, State and County Housing Unit Estimates, County Business Patterns, Nonemployer Statistics, Economic Census, Survey of Business Owners, Building Permits, Consolidated Federal Funds Report
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