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Falcon Lake Estates, Texas

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,075
Population
$65,909
Median Income
$142,300
Home Value
33.7
Median Age

Demographics

Falcon Lake Estates has a population of 1,075 with a median age of 33.7. Here is the racial and ethnic breakdown of the population:

Hispanic
92.6%
White
18.0%
Demographic Value
Total Population1,075
Median Age33.7
White18.0%
Hispanic or Latino92.6%
Falcon Lake Estates, Texas — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 111.Hispanic/Latino: 83.7%White: 16.3%1,075PopulationHispanic/LatinoHispanic/Latino83.7%WhiteWhite16.3%

Income & Economy

The median household income in Falcon Lake Estates is $65,909, which is 18.2% below the national median of $80,610. The per capita income is $22,232. The poverty rate is 33.0%.

$65,909
Median Household Income
$22,232
Per Capita Income
33.0%
Poverty Rate

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Education

In Falcon Lake Estates, 45.3% of residents age 25+ have a high school diploma or higher, and 10.3% hold a bachelor's degree or higher (2.6% with a graduate or professional degree).

HS Diploma+
45.3%
Bachelor's+
10.3%
Graduate+
2.6%
Education Level % of Adults (25+)
High School Diploma or Higher45.3%
Bachelor's Degree or Higher10.3%
Graduate or Professional Degree2.6%

Housing

The median home value in Falcon Lake Estates is $142,300, below the national median of $303,400. The median monthly rent is $760. The homeownership rate is 76.2%.

$142,300
Median Home Value
$760/mo
Median Rent
76.2%
Homeownership Rate
Housing Metric Value
Median Home Value$142,300
Median Monthly Rent$760
Homeownership Rate76.2%
Vacancy Rate22.0%

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Frequently Asked Questions

What is the population of Falcon Lake Estates, Texas?
The population of Falcon Lake Estates, Texas is 1,075 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Falcon Lake Estates, Texas?
The median household income in Falcon Lake Estates, Texas is $65,909. This is 18.2% below the national median of $80,610.
What is the median home value in Falcon Lake Estates, Texas?
The median home value in Falcon Lake Estates, Texas is $142,300. The median monthly rent is $760.
What percentage of people in Falcon Lake Estates have a college degree?
In Falcon Lake Estates, Texas, 10.3% of adults age 25 and older hold a bachelor's degree or higher, and 45.3% have a high school diploma or higher.
Is Falcon Lake Estates, Texas an affordable place to live?
The home price-to-income ratio in Falcon Lake Estates, Texas is 2.2x (median home value $142,300 vs. median income $65,909), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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