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ZipNumbers

Texas · Census place 34700

Honey Grove city, TX

Quick answer

Honey Grove city has 1,886 residents, ranking #766 of 1863 places in Texas. Median household income is $47,225, the median home is worth $112,100 and median gross rent runs $539 a month.

Population
1,886Honey Grove city residents
Median household income
$47,225Past 12 months, inflation adjusted
Median home value
$112,100Owner-occupied units
Median gross rent
$539Rent plus utilities, monthly
Median age
40 yrsAll residents
Homeownership rate
62%Owner-occupied households

What the numbers mean in Honey Grove city

Housing cost measured against local earnings.

A household earning the Honey Grove city median would spend about 13.7% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11% of residents and 62% 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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