Last updated: 2024 BLS data · Page refreshed:
Alvarado has a population of 6,307 with a median age of 31.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 6,307 |
| Median Age | 31.3 |
| White | 72.7% |
| Black or African American | 6.8% |
| Asian | 0.2% |
| Hispanic or Latino | 25.7% |
The median household income in Alvarado is $80,523, which is 0.1% below the national median of $80,610. The per capita income is $29,711. The poverty rate is 13.5%.
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In Alvarado, 75.6% of residents age 25+ have a high school diploma or higher, and 9.8% hold a bachelor's degree or higher (4.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 75.6% |
| Bachelor's Degree or Higher | 9.8% |
| Graduate or Professional Degree | 4.0% |
The median home value in Alvarado is $249,000, below the national median of $303,400. The median monthly rent is $788. The homeownership rate is 74.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $249,000 |
| Median Monthly Rent | $788 |
| Homeownership Rate | 74.6% |
| Vacancy Rate | 15.4% |
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