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Paris Independent

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

Median Home$160,495
Median Rent$926/month
Population21,445
Leading IndustriesProfessional Services · Healthcare · Arts, Food & Hospitality4% professional services
Home Value Growth⬆⬆⬆+22.8% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners50% of occupied units
NotableAffordable Market$160k median home · lower cost than 79% of the country
Paris 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 Paris Independent?

As of today, the 30-year fixed mortgage rate for Paris Independent is approximately 7.002% (7.045% 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 Paris Independent?

The median home value in Paris Independent is $160k. The median monthly rent is $926. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Paris Independent?

Home values in Paris Independent have increased 22.8% 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 Paris Independent?

Based on a typical all-in ownership cost of $889/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Paris Independent is $46k/year.

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What industries drive the economy in Paris Independent?

The largest employment sectors in Paris Independent are public administration (24%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.