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The Hills

Learn about the people, housing, costs and businesses in The Hills, Texas

Median Home$842,500
Median Rent$3,042/month
Population2,459
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare8% professional services
Home Value Growth-7.0% over 2 years
Retirees41% of residentstop 2% nationally
Homeowners92% of occupied units
NotableHighly Educated45% bachelor's · 16% graduate · top 1% nationally
NotableHigh Incomes$157k/year · top 3% nationally
The Hills
TX

Frequently Asked Questions

What are today's mortgage rates in The Hills?

As of today, the 30-year fixed mortgage rate for The Hills is approximately 6.826% (6.860% 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 The Hills?

The median home value in The Hills is $843k. The median monthly rent is $3,042. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in The Hills?

Home values in The Hills have decreased 7.0% over the past two years. Buyers may find more negotiating room in this market. 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 The Hills?

Based on a typical all-in ownership cost of $2,742/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $118k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in The Hills is $157k/year.

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What industries drive the economy in The Hills?

The largest employment sectors in The Hills are healthcare (26%) and arts, food, and hospitality (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.