Cheap Homes in Chico, TX

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Top Reasons To Live In Chico, TX In 2024

Chico is located in Wise, Texas, with an estimated municipal population of 1,177 residents. All of the best foreclosed homes for sale in Chico are located in the following zip code areas on 76431. The estimated population per square kilometer (.62 miles) in Chico is 299.

Cost Of Living In Chico, TX

So, about how much do homes cost in Chico? The most recent median value of resident-owned homes in Chico is 98,642. An estimated 64.7 percent of households in Chico own their homes, with an average family size of 3.96. The median household income in Chico is 48,571, with17.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Chico, the median commute time of resident workers (in minutes) is 23.5. And last, but certainly not least, are you looking for homes to rent in Chico? If so, the average rent price paid by renters in Chico is 953, according to recent statistics.

Diversity And Demographics In Chico, Texas

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Chico, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Chico is 31.3, split between 50.1 percent male versus 49.9 female. The percentage of residents who report being married in Chico is 58.8, with an average family size of 3.96.

The percentage of residents who report their race in Chico is as follows:

White 96.2%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0.4%
Multi-racial 2.3%
Other 1.1%

Looking for family-friendly neighborhoods in and/or near Chico? Or maybe you are searching for 55+ active adult communities in and/or near Chico?

The percentage of residents who report their age in Chico is as follows:

Under 10 19.9%
Aged 10-19 12.8%
20s 13.9%
30s 16.2%
40s 8.4%
50s 10.1%
60s 11%
70s 4.3%
80+ 3.3%

Best Schools In Chico, Texas

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Chico with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Chico.

Pros And Cons Of Living In Chico, Texas

How do you know that living in -- or moving to -- Chico is right where you need to be? Perhaps you grew up in Chico or already live nearby; therefore, the decision to buy a home in Chico is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Chico for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Chico:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Chico.

Reasons To Move To Chico, Texas, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Chico can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Chico, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Chico, TX


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