It is an industrial center producing machine tools, textiles, packaging material, and ceramics.

Umbertide has several factories supporting the automotive industry, including Tiberina Holding Srl, a car components group.

[3] 19th-century archaeologist Mariano Guardabassi even attributed a small building at Lame, about 1 km from the center of the modern town, to the Etruscans, although this is by no means certain The Roman town of Pitulum Mergens, destroyed by Totila in the mid-6th century, may account for Roman remains in S. Maria delle Sette.

In its present incarnation, Umbertide was founded in the 8th or 10th century, depending on the scholar; its original name was Fratta, and it received its present name in 1863 in honor of then Crown Prince Umberto and of Uberto or Umberto margrave of Tuscany, whose four sons, Adalberto, Ingilberto, Benedetto and Bonifacio, according to tradition, rebuilt the town in 796 on the ruins of Pitulum Mergens.

Beyond the city limits, the township's principal monuments are: (Incorporates text from Bill Thayer's site, by permission.)