Last updated: 2024 BLS data · Page refreshed:
Commerce has a population of 9,383 with a median age of 26.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 9,383 |
| Median Age | 26.1 |
| White | 54.7% |
| Black or African American | 20.6% |
| Asian | 2.3% |
| Hispanic or Latino | 21.6% |
| Other / Two or More Races | 0.8% |
The median household income in Commerce is $44,386, which is 44.9% below the national median of $80,610. The per capita income is $22,169. The poverty rate is 23.4%.
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In Commerce, 84.2% of residents age 25+ have a high school diploma or higher, and 30.0% hold a bachelor's degree or higher (12.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 84.2% |
| Bachelor's Degree or Higher | 30.0% |
| Graduate or Professional Degree | 12.9% |
The median home value in Commerce is $161,600, below the national median of $303,400. The median monthly rent is $909. The homeownership rate is 41.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $161,600 |
| Median Monthly Rent | $909 |
| Homeownership Rate | 41.5% |
| Vacancy Rate | 15.1% |
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