Josephine has an older population than other areas in Texas with a median age of 35 years. It is also affluent with a median income of $55,628 per household. With a median age of 18 years, homes in Josephine tend to be of moderate age. Leading the list of best schools in the city are Davis Elementary School and Royse City Intermediate.
The median value of homes in Josephine is $105,800, making it one of the most valuable areas in Texas. At the same time, the average list price of available homes is presently $106,782. The Josephine market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. Josephine usually averages 1.8 sales per month.
The typical dwelling in Josephine is a four-bedroom detached home worth about $208,233. To purchase a similar home, a buyer with good credit and a $41,647 cash down payment could obtain a mortgage with a 3.95% interest rate and a $263 monthly payment. The property tax rate is $19.83 per $1,000 of taxable assessed value.
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