Overview

Katy is situated in the Fort Bend, Harris and Waller Counties of Texas State. The total population of this city is about 15 thousand people with a density of about 1300 people per square mile. Over the past few years this city saw a sudden spurt in is population growth of about 14%. This is a clear indicator that Katy is a place that suits relocation. The population mix of this city has about 80% white people with the rest consisting of black people, Asians, Native Americans, and other minority communities.

You will that the economy in Katy is booming fact that is underlined by the growth of job and employment opportunity over the last year of about 3% and the estimated growth forecast over the next ten years which is a whooping 30%. This is another clear indication that this is a great place to live in. The average income per household is US $57 thousand which is a very comfortable income. The cost of living here being about 15% less than an average US city makes Katy a highly suitable place to save, invest and generally have a great life.

Katy Real Estate

The value of a regular home in Katy is about US $140 thousand which is quite an affordable price. The real estate prices have appreciated over the last year by about 10% which makes buying property in this town a great investment.

How to rent or buy in Katy

You will find that about 30% of the total population in Katy lives on rent while about 65% own the accommodation they occupy. There would be at any given time about 5% of the overall property left lying vacant. In case you needed to rent or purchase property in Katy, you would do best to get in touch with a real estate agency and give them the specifications you require. Rest assured you would get the best possible results.

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