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Italy

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

Median Home$223,500
Median Rent$1,082/month
Population2,156
Leading IndustriesFinance & Insurance · Retail · Information & Media8% finance & insurance
Home Value Growth⬆⬆+15.2% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners68% of occupied units
Italy
TX

Frequently Asked Questions

What are today's mortgage rates in Italy?

As of today, the 30-year fixed mortgage rate for Italy is approximately 6.929% (6.966% 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 Italy?

The median home value in Italy is $224k. The median monthly rent is $1,082. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Italy?

Home values in Italy have increased 15.2% 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 Italy?

Based on a typical all-in ownership cost of $1,208/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Italy is $62k/year.

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What industries drive the economy in Italy?

The largest employment sectors in Italy are retail (18%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.