The population of Burton is somewhat affluent compared to others in Texas with a median income of $42,723 per household. It's also considered an expensive city in terms of affordability with a cost of living adjustment score of 88.9. With a median age of 36 years, homes in Burton tend to be relatively old. Topping the list of best schools in the city is Burton High School.
Homes in Burton are generally more expensive than others in the state with a median home value of $116,000 and an average list price of $247,128. Typically, Burton accounts for 0.5 sales per month. This time sellers weren't able to find buyers for their properties, resulting in another 30 day period of no sales.
The typical dwelling in Burton is a three-bedroom detached home worth about $293,000. To purchase a similar home, a buyer with good credit and a $58,600 cash down payment could obtain a mortgage with a 3.95% interest rate and a $179 monthly payment. The property tax rate is $13.93 per $1,000 of taxable assessed value.
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