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Alvin Independent

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

Median Home$312,030
Median Rent$1,604/month
Population145,037
Leading IndustriesPublic Administration · Manufacturing · Wholesale Trade29% public administration
Home Value Growth+10.3% over 2 years
Family-Friendly28% of residentstop 4% nationally
Homeowners76% of occupied units
NotableHigh Incomes$109k/year · top 9% nationally
NotableHighly Educated24% bachelor's · 11% graduate · top 17% nationally
Alvin Independent
TX

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Alvin Independent?

As of today, the 30-year fixed mortgage rate for Alvin Independent is approximately 6.891% (6.927% 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 Independent?

The median home value in Alvin Independent is $312k. The median monthly rent is $1,604. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alvin Independent?

Home values in Alvin Independent have increased 10.3% 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 Independent?

Based on a typical all-in ownership cost of $1,904/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $82k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alvin Independent is $109k/year.

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What industries drive the economy in Alvin Independent?

The largest employment sectors in Alvin Independent are public administration (29%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.