Español

Este sitio también está en español. Leer en español

City · 5,842 residents · Collin County, Texas

Josephine , Texas

In Josephine, a typical home is worth $320,200 and typical rent is $1,688 a month. Compared with all of Collin County, the typical home value is 33% lower, typical household income is 25% lower, and the share of households that own their home is 30 points higher.

WhatsApp

  • Typical home value

    $320,200

    33% below the county

    13% above Texas

    • Josephine
    • Collin
    • Texas

  • Typical rent

    $1,688a month

    9% below the county

    20% above Texas

    • Josephine
    • Collin
    • Texas

  • Typical household income

    $91,000a year

    25% below the county

    16% above Texas

    • Josephine
    • Collin
    • Texas

  • Households that own their home

    94%

    30 points above the county

    32 points above Texas

    • Josephine
    • Collin
    • Texas

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$274,700
7.3% less than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Josephine is in Collin County. The FHA loan limit ($563,500 for a one-unit home), the fair market rents and the help on this page are those of all of Collin County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Josephine apart

What this place has that others do not, from public data, most unusual first.

  1. 94% of households in Josephine own their home, against 65% in Collin County.

  2. Nearby, in Greenville, the typical home value is $219,400: 31% less than in Josephine ($320,200).

  3. According to Zillow, in the 12 months to September 2026 the typical home value in Josephine fell 7.3%; in Texas, it fell 1.4%.

  4. The typical home in Josephine is worth $320,200, 33% less than in Collin County as a whole ($475,600).

  5. Nearby, in Greenville, the typical rent is $1,311: 22% less than in Josephine ($1,688).

  6. The typical household income in Josephine is $91,000, 25% less than in Collin County as a whole ($121,600).

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in Josephine

What homes there are in Josephine, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Josephine, 9 in 10 homes are single-family detached houses; in Collin County, 7.

Year built

Here half of the homes date from 2013 or later; in Collin County, from 2003 or later.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,113 a month

Collin County: $2,843 a month

Without a mortgage

$803 a month

Collin County: $1,101 a month

Owners with a mortgage

81%

Collin County: 69%

The typical cost for an owner with a mortgage in Josephine is $2,113 a month, less than in Collin County ($2,843); without one, $803.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Josephine rose 73%; in Collin County, it rose 51%.

Rent in Josephine moved so little since 2015–2019 that the Census cannot say whether it rose or fell.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureJosephineCollin CountyTexasUnited States
Rental vacancy Unreliable estimate6.1%7.7%5.5%
Homeowner vacancy Unreliable estimate0.6%1.1%0.9%
More than one person per room Unreliable estimate3.1%4.8%3.4%
People per household 3.172.772.692.53
Drive alone 70%62%71%69%
Carpool 10%7%10%9%
Public transit Unreliable estimate0%1%3%
Walk or bike Unreliable estimate1%2%3%
Work from home 18%28%14%15%
Other means Unreliable estimate2%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

More people live in each home here: 3.17 on average, against 2.77 in Collin County.

Carpooling is common in Josephine: 10% of workers get to work that way, against 7% in Collin County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Josephine?

A typical home costs more than the typical income allows

We start with a typical home in Josephine, worth $320,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 38% of the typical household income in Josephine, which is $91,000 a year. For that payment to be 28% of income, a household would need to earn about $122,965 a year.

The calculator's FHA and conventional loan limits are those of all of Collin County.

Your numbers

Local data
$

Starts at the typical home value in Josephine. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $11,207 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,869

at 7.18% · 30 years

Loan amount
$314,400
Total interest
$452,348
Paid off in
November 2056

Includes $5,407 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,123 a month

  • Tight

    $2,123 to $2,730 a month

  • Hard

    more than $2,730 a month

    Your payment · 38%

Compared with the typical household income in Josephine ($91,000 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,869
Principal & interest$2,130
Property tax$464
Home insurance$133
FHA mortgage insurance (MIP)$142

You need at least $11,207 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Josephine and Collin County

Josephine is in Collin County, Texas. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Josephine's own numbers

Typical home value
$320,200
Typical monthly rent
$1,688
Typical yearly household income
$91,000
Households that own their home
94%
Effective property tax rate
1.74%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Collin County

FHA limit, one-unit home
$563,500
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,807
Price change over 5 years (FHFA)
+51%
Homes in a high flood-risk zone
0.3%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Collin County.

Everything about Collin County

Buying

Buying a home in Josephine

A typical home in Josephine is worth $320,200: 33% below the county and 13% above Texas. With the typical household income in Josephine ($91,000 a year), a typical home costs 3.5 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Josephine 3.5 years
  • Collin 3.9 years
  • Texas 3.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Collin County

According to FHFA’s house price index, home prices in Collin County rose 102% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Collin County.

Period County Texas U.S.
Last year (2025) −0.8% +0.8% +2.9%
5 years (2020–2025) +51% +44% +47%
10 years (2015–2025) +102% +88% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Josephine next to Collin County, Texas and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Josephine $320,200
  • Collin $475,600
  • Texas $283,800
  • United States $332,700
Typical monthly rent
  • Josephine $1,688
  • Collin $1,859
  • Texas $1,403
  • United States $1,413
Typical yearly household income
  • Josephine $91,000
  • Collin $121,600
  • Texas $78,476
  • United States $80,734
See the full table
Josephine next to Collin County and Texas
Measure Josephine Collin County Texas U.S.
Typical home value $320,200 $475,600 $283,800 $332,700
Typical monthly rent $1,688 $1,859 $1,403 $1,413
Typical yearly household income $91,000 $121,600 $78,476 $80,734
Households that own their home 94% 65% 63% 65%
Typical yearly property tax $5,568 $7,521 $4,232 $3,119
Effective property tax rate 1.74% 1.58% 1.49% 0.94%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Collin County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Josephine

For a typical $320,200 home in Josephine, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Josephine's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,869a month

    Least cash to close
    Down payment
    $11,207
    Cash to close
    $20,813
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $142

  • Conventional, 5% down $2,810a month

    Down payment
    $16,010
    Cash to close
    $25,616
    Rate
    7.18%
    Mortgage insurance
    PMI · $152

  • Conventional, 20% down, no PMI $2,333a month

    Down payment
    $64,040
    Cash to close
    $73,646
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,629a month

    Down payment
    $48,030
    Cash to close
    $57,636
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Josephine and for Collin County.

Property tax

Effective rate in Josephine

1.74%of the home’s value each year

$5,568 a year for the typical owner in Josephine.

  • Josephine 1.74%
  • Collin 1.58%
  • Texas 1.49%

What Texas publishes School-district homestead exemption (Texas Comptroller of Public Accounts)

Exemptions and deadlines in Texas

Flood risk in Collin County

FEMA does not publish these numbers by city: they are for all of Collin County.

Homes in the high-risk zone
0.3%
927
Of those, with NFIP insurance
34%
County Texas U.S.
Homes in the high-risk zone 0.3% 4.1% 3.5%
Of those, with NFIP insurance 34% 48% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Josephine

Typical rent in Josephine is $1,688 a month: 9% below the county.

HUD publishes a fair market rent for all of Collin County, by unit size. To pay the 2-bedroom one ($1,807 a month) without spending more than 30% of your income, you would need to earn $34.75 an hour working full time.

HUD fair market rent for all of Collin County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,491 $28.67 $59,640
1 bedroom $1,536 $29.54 $61,440
2 bedrooms $1,807 $34.75 $72,280
3 bedrooms $2,275 $43.75 $91,000
4 bedrooms $2,892 $55.62 $115,680

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Josephine

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Josephine has 2 ZIP codes with their own.

For 2 bedrooms it runs from $1,600 in 75173 to $1,870 in 75164.

1 of the 2 is above the fair market rent for Collin County ($1,807).

  • 75164 $1,870$2,350
  • 75173 $1,600$2,010

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Josephine when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Josephine

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Collin County. The nearest ones are below; many serve by phone or online.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Josephine

No down payment, repair or rent-help program on our list is for Josephine or Collin County. The ones below are statewide in Texas: they work in Josephine the same as in the rest of the state.

Which programs do I qualify for? All programs in Texas

  • My First Texas Home

    Statewide in Texas

    Texas state program for first-time buyers: a 30-year mortgage with down payment assistance. Offered by Texas Department of Housing and Community Affairs (TDHCA).

    DeferredForgivable

    See the program Official page

  • My Choice Texas Home

    Statewide in Texas

    Texas state program with down payment assistance for any buyer, not only first-time buyers. Offered by Texas Department of Housing and Community Affairs (TDHCA).

    DeferredForgivable

    See the program Official page

  • Texas Mortgage Credit Certificate (MCC)

    Statewide in Texas

    Limited funds remain, per the source

    Texas state certificate that turns part of your mortgage interest into a credit on your federal tax return. Offered by Texas Department of Housing and Community Affairs (TDHCA).

    Tax credit

    See the program Official page

Housing counselors near Josephine

The HUD-approved agencies closest to the center of Josephine, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Balance - Dallas

    8330 Lbj Fwy, Dallas · 27 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    (800) 777-7526

  • Builders of Hope

    603 Munger Ave, Dallas · 34 miles away · Spanish

    • Budget and financial counseling
    • Budget and credit workshops
    • and 2 more
    (214) 920-9850

  • Dallas County Home Loan Counseling Center

    2377 N Stemmons Fwy, Dallas · 35 miles away

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 4 more
    (214) 819-6060

All counseling agencies in Texas

Help in Spanish near Josephine

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Josephine

In HUD’s record, no housing authority with an office in Collin County is named for Josephine or Collin County.

3 other authorities have an office in Collin County: see the list Source: HUD

Cities

Other cities in Collin County

These cities are also in Collin County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Collin County Housing in Texas
See 3 more cities in Collin County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Josephine, with the typical home value.

Neighboring counties

If Collin County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Josephine.

All guides
A family roasts marshmallows over a campfire at a forest campsite.

Questions

Housing questions about Josephine

Short answers with the numbers for Josephine and all of Collin County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Josephine?

The typical home value in Josephine is $320,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Collin County it is $475,600.

How much does it cost to rent in Josephine?

Typical rent in Josephine is $1,688 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Collin County is $1,807.

What is the FHA loan limit in Josephine?

Josephine uses the FHA limit for all of Collin County (2026): $563,500 for a one-unit home and $1,083,650 for a four-unit home.

How much property tax do owners pay in Josephine?

The typical homeowner in Josephine pays $5,568 a year, according to the U.S. Census Bureau. That is 1.74% of the home’s value; in Collin County, the rate is 1.58%.

Where can I find free help to buy or rent in Josephine?

We found no HUD-approved counseling agencies with an office in Collin County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).