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ZipNumbers

Texas · Census place 31280

Groesbeck city, TX

Quick answer

Groesbeck city has 3,634 residents, ranking #507 of 1863 places in Texas. Median household income is $54,615, the median home is worth $144,100 and median gross rent runs $826 a month.

Population
3,634Groesbeck city residents
Median household income
$54,615Past 12 months, inflation adjusted
Median home value
$144,100Owner-occupied units
Median gross rent
$826Rent plus utilities, monthly
Median age
35.6 yrsAll residents
Homeownership rate
57.5%Owner-occupied households

What the numbers mean in Groesbeck city

Housing cost measured against local earnings.

A household earning the Groesbeck city median would spend about 18.1% 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. The median home costs 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.2% of residents and 57.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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