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Honey Grove, 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
1,824
Population
$46,713
Median Income
$152,000
Home Value
42.6
Median Age

Demographics

Honey Grove has a population of 1,824 with a median age of 42.6. Here is the racial and ethnic breakdown of the population:

White
64.4%
Black
22.9%
Hispanic
14.2%
Demographic Value
Total Population1,824
Median Age42.6
White64.4%
Black or African American22.9%
Hispanic or Latino14.2%
Honey Grove, Texas — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 102.White: 63.4%Black: 22.6%Hispanic/Latino: 14.0%1,824PopulationWhiteWhite63.4%BlackBlack22.6%Hispanic/LatinoHispanic/Latino14.0%

Income & Economy

The median household income in Honey Grove is $46,713, which is 42.1% below the national median of $80,610. The per capita income is $38,553. The poverty rate is 13.1%.

$46,713
Median Household Income
$38,553
Per Capita Income
13.1%
Poverty Rate

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Education

In Honey Grove, 89.5% of residents age 25+ have a high school diploma or higher, and 15.1% hold a bachelor's degree or higher (4.5% with a graduate or professional degree).

HS Diploma+
89.5%
Bachelor's+
15.1%
Graduate+
4.5%
Education Level % of Adults (25+)
High School Diploma or Higher89.5%
Bachelor's Degree or Higher15.1%
Graduate or Professional Degree4.5%

Housing

The median home value in Honey Grove is $152,000, below the national median of $303,400. The median monthly rent is $581. The homeownership rate is 62.2%.

$152,000
Median Home Value
$581/mo
Median Rent
62.2%
Homeownership Rate
Housing Metric Value
Median Home Value$152,000
Median Monthly Rent$581
Homeownership Rate62.2%
Vacancy Rate11.9%

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Frequently Asked Questions

What is the population of Honey Grove, Texas?
The population of Honey Grove, Texas is 1,824 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Honey Grove, Texas?
The median household income in Honey Grove, Texas is $46,713. This is 42.1% below the national median of $80,610.
What is the median home value in Honey Grove, Texas?
The median home value in Honey Grove, Texas is $152,000. The median monthly rent is $581.
What percentage of people in Honey Grove have a college degree?
In Honey Grove, Texas, 15.1% of adults age 25 and older hold a bachelor's degree or higher, and 89.5% have a high school diploma or higher.
Is Honey Grove, Texas an affordable place to live?
The home price-to-income ratio in Honey Grove, Texas is 3.3x (median home value $152,000 vs. median income $46,713), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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