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Texas · Census place 56276

Payne Springs town, TX

Quick answer

Payne Springs town has 648 residents, ranking #1185 of 1863 places in Texas. Median household income is $42,841, the median home is worth $170,200 and median gross rent runs $1,125 a month.

Population
648Payne Springs town residents
Median household income
$42,841Past 12 months, inflation adjusted
Median home value
$170,200Owner-occupied units
Median gross rent
$1,125Rent plus utilities, monthly
Median age
46.7 yrsAll residents
Homeownership rate
74.2%Owner-occupied households

What the numbers mean in Payne Springs town

Housing cost measured against local earnings.

A household earning the Payne Springs town median would spend about 31.5% 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 4.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 20.4% of residents and 74.2% 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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