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Alvin

Learn about the people, housing, costs and businesses in Alvin, Texas

Median Home$204,889
Median Rent$1,221/month
Population28,262
Leading IndustriesManufacturing · Wholesale Trade · Education1% manufacturing
Home Value Growth⬆⬆+17.7% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners64% of occupied units
Alvin
TX

Frequently Asked Questions

What are today's mortgage rates in Alvin?

As of today, the 30-year fixed mortgage rate for Alvin is approximately 6.963% (7.002% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Alvin?

The median home value in Alvin is $205k. The median monthly rent is $1,221. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alvin?

Home values in Alvin have increased 17.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Alvin?

Based on a typical all-in ownership cost of $1,263/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alvin is $70k/year.

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What industries drive the economy in Alvin?

The largest employment sectors in Alvin are public administration (25%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.