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Ferris, 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
3,238
Population
$89,722
Median Income
$261,800
Home Value
29.3
Median Age

Demographics

Ferris has a population of 3,238 with a median age of 29.3. Here is the racial and ethnic breakdown of the population:

Hispanic
53.8%
Black
29.1%
White
26.1%
Demographic Value
Total Population3,238
Median Age29.3
White26.1%
Black or African American29.1%
Hispanic or Latino53.8%
Ferris, Texas — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 109.Hispanic/Latino: 49.4%Black: 26.7%White: 23.9%3,238PopulationHispanic/LatinoHispanic/Latino49.4%BlackBlack26.7%WhiteWhite23.9%

Income & Economy

The median household income in Ferris is $89,722, which is 11.3% above the national median of $80,610. The per capita income is $26,829. The poverty rate is 7.7%.

$89,722
Median Household Income
$26,829
Per Capita Income
7.7%
Poverty Rate

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Education

In Ferris, 85.2% of residents age 25+ have a high school diploma or higher, and 20.2% hold a bachelor's degree or higher (5.6% with a graduate or professional degree).

HS Diploma+
85.2%
Bachelor's+
20.2%
Graduate+
5.6%
Education Level % of Adults (25+)
High School Diploma or Higher85.2%
Bachelor's Degree or Higher20.2%
Graduate or Professional Degree5.6%

Housing

The median home value in Ferris is $261,800, below the national median of $303,400. The median monthly rent is $1,295. The homeownership rate is 68.7%.

$261,800
Median Home Value
$1,295/mo
Median Rent
68.7%
Homeownership Rate
Housing Metric Value
Median Home Value$261,800
Median Monthly Rent$1,295
Homeownership Rate68.7%
Vacancy Rate11.6%

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Frequently Asked Questions

What is the population of Ferris, Texas?
The population of Ferris, Texas is 3,238 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Ferris, Texas?
The median household income in Ferris, Texas is $89,722. This is 11.3% above the national median of $80,610.
What is the median home value in Ferris, Texas?
The median home value in Ferris, Texas is $261,800. The median monthly rent is $1,295.
What percentage of people in Ferris have a college degree?
In Ferris, Texas, 20.2% of adults age 25 and older hold a bachelor's degree or higher, and 85.2% have a high school diploma or higher.
Is Ferris, Texas an affordable place to live?
The home price-to-income ratio in Ferris, Texas is 2.9x (median home value $261,800 vs. median income $89,722), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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