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Salado, TX

Full City Profile · Texas · Williamson County County

3.9 /5.0
B+ Good
2,292 Population 739/sq mi density
$103,500 Median Income $66,827 per capita
$395,400 Home Value $486,966 Zillow
$1,181 Median Rent 24.2% income on rent
67°F Avg Temperature 303 sunny days/yr
84 Violent Crime/100K 1,347 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$103,500 median income, 0.8% unemployment
A+
Affordability
4.5 / 5.0
$395,400 home value, $1,181/mo rent
F
Safety
1.0 / 5.0
84 violent crimes/100K
A+
Education
5.0 / 5.0
60.5% bachelor's degree or higher

Housing Overview

Median Home Value
$395,400
40% above
US avg: $281,900
Median Rent
$1,181/mo
2% above
US avg: $1,163/mo
Homeownership Rate
88.5%
35% above US avg (65.4%)
Total Housing Units
1,088
Median year built: 1991

Home Value by Source

Census Median
$395,400
Zillow (ZHVI)
$486,966
Median Sale Price
$467,500
Median List Price
$519,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.5%
Owner-Occupied
11.5%
Renter-Occupied
89%
12%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $1,181/mo

Market Indicators (Redfin)

Median Days on Market
211 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
32.1%
of listings with price reduction
Price Per Sq Ft
$200
Active Inventory
28
homes for sale

Affordability & Housing Stock

Rent Burden
24.2%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
88.5%

Complete Housing Data

Home Values

Census Median Value$395,400
Zillow Home Value (ZHVI)$486,966
Median Sale Price$467,500
Median List Price$519,000
Price Per Sq Ft$200

Rent

Census Median Rent$1,181
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Days on Market211
Sale-to-List Ratio1.0%
Price Drops32.1%
Homes Sold3
Active Inventory28
Price Per Sq Ft$200

Ownership & Stock

Owner-Occupied88.5%
Renter-Occupied11.5%
Homeownership Rate88.5%
Total Housing Units1,088
Median Year Built1991
Rent Burden24.2%