Texhoma, OK People Search

Texhoma has a population of 851 people, according to the Census data for 2016.

Compared to 2010, this number has decreased by 75 people (8.1%), so we can confidently say that the dynamics of the population growth are negative. If you compare the rate of population growth with the nearest cities, such as Holly or Vega, you will find that these cities have a population growth of 80 and a decline of 87 people, respectively (10% and -9.8% correspondingly)

The Texhoma median household income is $41,307 (according to the US Census Bureau records for 2016).

A household income is one of the easiest to understand statistical indicators that is used to evaluate the economy of the city. Simply put, it is calculated by summarizing incomes of all adult members of the household. In comparison with the data for year 2010, this figure has decreased by $2443 (5.6%). Compared with the neighboring cities, the median household income in Texhoma is lower than in Fargo($41,429), but greater than in Hereford($41,250). The median household income in Oklahomais $46,879 (13.5% higher than in Texhoma)

The median property value in Texhoma is $74,300 (based on US Census Bureau data for 2016)

. This means that half of the houses in the city are more expensive than this figure, and half of other houses are less. In 2010, the property value was estimated at $62,800 (making an increase of $11,500 or 18.3% in 6 years). Here is what the housing market looks like in nearby cities: median property price in Pampais $74,800, in Fowler— $72,500. Median property value in Oklahoma is $117,900

A poverty rate is one of the key economic indicators.

It shows the proportion of the population whose income is less than the poverty line in the area. The lower the number is, the more prosperous the life of society is. The current poverty rate in Texhoma is 4.7%. In the neighboring cities, this figure is as follows: in Beaver, 4.8% of the population live below the poverty line, in Sweetwater— 4.2%. The poverty rate in Oklahomais 12.43%. Based on such indicators as the poverty rate, we assume that life in Texhoma is slightly better than the average for the state.

The median gross rent in Texhoma is $636 a month (as of 2016).

In 2010, this figure was higher — $647/mo (+1.7%). Please note, gross rent may include not only the rent payments, but also utility bills and some other building costs. The median gross rent in the state of Oklahomais higher at $727 per month (again, data for 2016). The following median gross rent was registered in the neighboring cities: renters in Frionapay $636/mo, in Clayton— $626/mo.

The rent burden in Texhoma is 18.3% (2016).

Rent burden shows what proportion of the household income is spent on rental housing. This data is useful in estimating the housing affordability in the city. Rent burden in Texhoma is lower than in the state of Oklahoma, where the rent burden is 28.3%. In neighboring cities, the situation is as follows: rent burden is 18.5% in Lakin, and in Cactus— 18.0%.

23.3% of housing units in Texhoma are occupied by renters (2016).

A housing unit means a house, an apartment, a mobile home, a room or any other structure that is used for habitation. In 2010, the share of renter-occupied housing units was higher — 28.1%. It seems that now less people live in rented houses in Texhoma than before. Neighboring cities have the following shares of renter-occupied housing units: Fowler(23.7%), Campo(23.1%).