Texas · Census place 30440
Grandfalls town, TX
Quick answer
Grandfalls town has 322 residents, ranking #1415 of 1863 places in Texas. Median household income is $56,000, the median home is worth — and median gross rent runs $633 a month.
- Population
- 322Grandfalls town residents
- Median household income
- $56,000Past 12 months, inflation adjusted
- Median home value
- —Owner-occupied units
- Median gross rent
- $633Rent plus utilities, monthly
- Median age
- 29.1 yrsAll residents
- Homeownership rate
- 73.8%Owner-occupied households
What the numbers mean in Grandfalls town
Housing cost measured against local earnings.
A household earning the Grandfalls town median would spend about 13.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. Poverty affects 18.3% of residents and 73.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Texas.
- Abbott city 323
- Christine town 323
- Gail CDP 323
- New Ulm CDP 322
- Cedar Point CDP 319
- Tradewinds CDP 319
- Warren City city 319
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