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Willis Independent

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

Median Home$293,625
Median Rent$1,578/month
Population52,955
Leading IndustriesInformation & Media · Manufacturing · Wholesale Trade9% information & media
Home Value Growth⬆⬆⬆+28.5% over 2 years
Young Adults28% of residentsnear the national average
Homeowners78% of occupied units
NotableVeteran Community9% of residents · top 15% nationally
NotableHigh Incomes$95k/year · top 19% nationally
Willis 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 Willis Independent?

As of today, the 30-year fixed mortgage rate for Willis Independent is approximately 6.916% (6.953% 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 Willis Independent?

The median home value in Willis Independent is $294k. The median monthly rent is $1,578. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Willis Independent?

Home values in Willis Independent have increased 28.5% 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 Willis Independent?

Based on a typical all-in ownership cost of $1,515/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $65k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Willis Independent is $95k/year.

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What industries drive the economy in Willis Independent?

The largest employment sectors in Willis Independent are public administration (21%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.