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Riviera Independent

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

Median Home$214,792
Population1,730
Leading IndustriesTransportation · Manufacturing · Construction3% transportation
Home Value Growth+2.4% over 2 years
Retirees25% of residentsabove average nationally
Homeowners89% of occupied units
NotableVeteran Community9% of residents · top 15% nationally
NotableHigh Incomes$88k/year · top 27% nationally
Riviera 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 Riviera Independent?

As of today, the 30-year fixed mortgage rate for Riviera Independent is approximately 6.946% (6.984% 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 Riviera Independent?

The median home value in Riviera Independent is $215k. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Riviera Independent?

Home values in Riviera Independent have increased 2.4% over the past two years. The market has been relatively stable. 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 Riviera 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 Riviera Independent is $88k/year.

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What industries drive the economy in Riviera Independent?

The largest employment sectors in Riviera Independent are public administration (25%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.