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Pettus Independent

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

Median Home$142,067
Median Rent$587/month
Population1,541
Leading IndustriesManufacturing · Wholesale Trade · Finance & Insurance3% manufacturing
Home Value Growth+9.2% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners82% of occupied units
NotableAffordable Market$142k median home · lower cost than 87% of the country
Pettus Independent
TX

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Frequently Asked Questions

What are today's mortgage rates in Pettus Independent?

As of today, the 30-year fixed mortgage rate for Pettus Independent is approximately 7.037% (7.078% 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 Pettus Independent?

The median home value in Pettus Independent is $142k. The median monthly rent is $587. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pettus Independent?

Home values in Pettus Independent have increased 9.2% over the past two years. This represents moderate growth. 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 Pettus Independent?

Based on a typical all-in ownership cost of $528/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pettus Independent is $66k/year.

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What industries drive the economy in Pettus Independent?

The largest employment sectors in Pettus Independent are public administration (21%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.