Itasca is a culturally blended community, with annual bull riding competitions, Cinco de Mayo festivals, Barbeque cook-offs, a variety of parades, festivals and community events. Itascans enjoy participating in the town festivities. Children are a very important part of Itasca and they, too, join in the fun as all of Itasca celebrates together. Children's sports are a year round part of our culture and are sponsored by local businesses, organizations, as well as churches.

Itasca is a mobile community. Even though there are many jobs available locally, many Itascans prefer to live here and work elsewhere. Itasca is centrally located to many tourist attractions, lakes, and other recreation areas in this region of Texas. It is located half way between Fort Worth and Waco, making access to a variety of shopping areas, sporting events, recreation areas within an hour while many others are not much further. Under normal driving conditions the drive to the DFW airport is just over an hour, while other sites such as the Ameriquest Field (formerly the Ballpark in Arlington), Texas Motor Speedway, Lake Whitney, Joe Pool Lake, the Brazos River, the Trinity River, Six Flags, the Fort Worth Zoo, the Dallas Zoo, The Cameron Park Zoo, Texas Heritage Museum, and the Texas Rangers Museum are all less than a one hour drive.