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Texas · Census place 54960

Panhandle town, TX

Quick answer

Panhandle town has 2,613 residents, ranking #635 of 1863 places in Texas. Median household income is $86,354, the median home is worth $151,800 and median gross rent runs $981 a month.

Population
2,613Panhandle town residents
Median household income
$86,354Past 12 months, inflation adjusted
Median home value
$151,800Owner-occupied units
Median gross rent
$981Rent plus utilities, monthly
Median age
46.9 yrsAll residents
Homeownership rate
73.5%Owner-occupied households

What the numbers mean in Panhandle town

Housing cost measured against local earnings.

A household earning the Panhandle 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. The median home costs 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.9% of residents and 73.5% 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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