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Payne Springs, 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
1,201
Population
$63,145
Median Income
$233,200
Home Value
36.2
Median Age

Demographics

Payne Springs has a population of 1,201 with a median age of 36.2. Here is the racial and ethnic breakdown of the population:

White
95.9%
Hispanic
9.5%
Demographic Value
Total Population1,201
Median Age36.2
White95.9%
Hispanic or Latino9.5%
Payne Springs, Texas — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 105.White: 91.0%Hispanic/Latino: 9.0%1,201PopulationWhiteWhite91.0%Hispanic/LatinoHispanic/Latino9.0%

Income & Economy

The median household income in Payne Springs is $63,145, which is 21.7% below the national median of $80,610. The per capita income is $27,193. The poverty rate is 12.6%.

$63,145
Median Household Income
$27,193
Per Capita Income
12.6%
Poverty Rate

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Education

In Payne Springs, 90.6% of residents age 25+ have a high school diploma or higher, and 19.4% hold a bachelor's degree or higher (1.3% with a graduate or professional degree).

HS Diploma+
90.6%
Bachelor's+
19.4%
Graduate+
1.3%
Education Level % of Adults (25+)
High School Diploma or Higher90.6%
Bachelor's Degree or Higher19.4%
Graduate or Professional Degree1.3%

Housing

The median home value in Payne Springs is $233,200, below the national median of $303,400. The median monthly rent is $1,158. The homeownership rate is 80.7%.

$233,200
Median Home Value
$1,158/mo
Median Rent
80.7%
Homeownership Rate
Housing Metric Value
Median Home Value$233,200
Median Monthly Rent$1,158
Homeownership Rate80.7%
Vacancy Rate21.5%

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Frequently Asked Questions

What is the population of Payne Springs, Texas?
The population of Payne Springs, Texas is 1,201 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Payne Springs, Texas?
The median household income in Payne Springs, Texas is $63,145. This is 21.7% below the national median of $80,610.
What is the median home value in Payne Springs, Texas?
The median home value in Payne Springs, Texas is $233,200. The median monthly rent is $1,158.
What percentage of people in Payne Springs have a college degree?
In Payne Springs, Texas, 19.4% of adults age 25 and older hold a bachelor's degree or higher, and 90.6% have a high school diploma or higher.
Is Payne Springs, Texas an affordable place to live?
The home price-to-income ratio in Payne Springs, Texas is 3.7x (median home value $233,200 vs. median income $63,145), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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