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Wortham Independent

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

Median Home$145,646
Median Rent$857/month
Population2,174
Leading IndustriesManufacturing · Information & Media · Finance & Insurance5% manufacturing
Home Value Growth+7.1% over 2 years
Retirees22% of residentsslightly above average
Homeowners67% of occupied units
NotableAffordable Market$146k median home · lower cost than 86% of the country
Wortham Independent
TX

Explore Wortham Independent

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Wortham Independent?

As of today, the 30-year fixed mortgage rate for Wortham Independent is approximately 6.975% (7.014% 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 Wortham Independent?

The median home value in Wortham Independent is $146k. The median monthly rent is $857. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wortham Independent?

Home values in Wortham Independent have increased 7.1% 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 Wortham Independent?

Based on a typical all-in ownership cost of $715/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wortham Independent is $56k/year.

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What industries drive the economy in Wortham Independent?

The largest employment sectors in Wortham Independent are public administration (27%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.