Amarillo, TX Foreclosed Homes & Properties

Foreclosure Homes for Sale in Amarillo, TX: What You Need to Know

Amarillo, which is part of Potter County, is the 14th most populous city in Texas. The estimated population was 199,371 in 2019, a 4.6% change in population since the 2010 census. The median home value is $127,200, and about 60.2% of homes are owner-occupied. There are 75,563 households with an average of 2.61 persons per household. The median household income was $52,543. 

Job Opportunities 

Amarillo's economy encompasses diverse industries that include livestock, food technologies, renewable energy, and logistics. This consists of the following sectors: manufacturing, retail, professional, scientific & technical services, and accommodation & food services. Some of the top employers in this city are the Amarillo Independent School District (5,364 employees), Tyson Foods, Inc. (4,400), CNS Pantex (3,203), BSA Health System/Don & Sybil Harrington Cancer Center (3,200), and the Northwest Texas Healthcare System (1,860). The average annual salary is $56,000 or $15.68 an hour.

Cost of Living in Amarillo  

The cost of living in Amarillo is 14% lower than the national average. The median home price is $249,146 while the median rent is $780.47. You can expect to spend $151.23 on your monthly energy bill, and $161.21on your monthly phone bill. Groceries are 8% lower than the national average while healthcare is 1% higher than the national average. The combined state sales tax is 8.25%.

Shopping in Town 

The shopping scene in Amarillo is diverse and full of small "hole-in-the-wall" stores. If you’re looking for unique findings or gifts, visit the Alley Katz Antique Emporium. Gray is Grey has a modern home décor, and there are plenty of boutiques for all your fashion needs. Some larger shopping centers and malls in Amarillo are Wolflin Village, Wolflin Square, and Westgate Mall. Some amazing restaurants to visit are Tyler's (BBQ), the Goldenlight Café (the oldest restaurant in the city), Jorge’s Tacos Garcia (Tex-Mex), The 806 (coffee house), and Coyote Bluff.