At a Glance
Median Income
$59,082
$23,228 per capita
Home Value
$148,200
Zillow: $267,222
Median Rent
$1,304/mo
38.9% of income on rent
Violent Crime
283/100K
754/100K property
Bachelor's Degree+
15.8%
86.6% high school+
Unemployment
4.4%
14.4% poverty rate
Obesity Rate
38.9%
15.5% smoking rate
How Italy Compares to the U.S. Average
Each bar shows Italy's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Italy a Good Place to Live?
C+
2.9 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Italy residents earn a median household income of $59,082 , which is 21% below the national average of $75,149.
Per capita income is $23,228. The unemployment rate stands at 4.4% (22% above the U.S. rate of 3.6%). 14.4% of residents live below the poverty line. The area is home to 3,919 business establishments, including 344 restaurants.
Housing & Cost of Living
The median home value in Italy is $148,200 , 47% below the national median of $281,900.
Zillow estimates the typical home at $267,222. Median rent is $1,304/month, with 38.9% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 1977.
Safety & Crime
Italy reports 283 violent crimes per 100,000 residents
, which is 26% below the national average of 380/100K.
Property crime is 754/100K.
Education
15.8% of adults in Italy hold a bachelor's degree or higher
(53% below the national average).
86.6% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
Italy has an average annual temperature of 66°F (19°C).
Winters average 46°F in January while summers reach 84°F in July. Annual precipitation totals 39.3 inches. Air quality is rated Good with a median AQI of 36.
Data Overview
People
Population2,460
Median Age28.0 yrs
Density1,224/mi²
Male / Female47% / 53%
Foreign Born3.3%
Veterans5.0%
Economy
B
Median Income$59,082
Per Capita$23,228
Unemployment4.4%
Poverty14.4%
County GDP$10,768M
Avg Weekly Wage$1,114
Housing
A+
Home Value$148,200
Rent$1,304
Ownership68.9%
Zillow$267,222
Housing Units870
Rent Burden38.9%
Crime
F
Violent283/100K
Property754/100K
Health
Obesity38.9%
Diabetes12.1%
Smoking15.5%
Heart Disease5.8%
Premature Death7,453/100K
Climate
Avg Temp66°F
Rain39.3 in/yr
AQI36 (Good)
Elevation543 ft
Education
C
Bachelor's+15.8%
High School+86.6%
Graduate+7.2%
School Score5.6/10
Community
2024 VoteR 65% / D 34%
Commute31 min
Broadband90.9%
Internet Speed79 Mbps
EV Stations1
Libraries5
Did You Know?
Italy was founded in 1879.
The median home in Italy was built in 1977.
The nearest airport is Waco Regional (45 miles).
The Gini coefficient (income inequality) is 0.401 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
16.4% of the population has a disability.
There are 344 restaurants in the area.
The county recorded 28 fatal vehicle crashes.
91 declared natural disasters on record.