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Providence, 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
8,721
Population
$110,430
Median Income
$351,000
Home Value
32.9
Median Age

Demographics

Providence has a population of 8,721 with a median age of 32.9. Here is the racial and ethnic breakdown of the population:

White
63.3%
Hispanic
18.9%
Black
15.1%
Asian
1.8%
Other
0.9%
Demographic Value
Total Population8,721
Median Age32.9
White63.3%
Black or African American15.1%
Asian1.8%
Hispanic or Latino18.9%
Other / Two or More Races0.9%
Providence, Texas — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 63.3%Hispanic/Latino: 18.9%Black: 15.1%Other: 2.7%8,721PopulationWhiteWhite63.3%Hispanic/LatinoHispanic/Latino18.9%BlackBlack15.1%OtherOther2.7%

Income & Economy

The median household income in Providence is $110,430, which is 37.0% above the national median of $80,610. The per capita income is $41,772. The poverty rate is 8.0%.

$110,430
Median Household Income
$41,772
Per Capita Income
8.0%
Poverty Rate

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Education

In Providence, 93.7% of residents age 25+ have a high school diploma or higher, and 41.1% hold a bachelor's degree or higher (14.3% with a graduate or professional degree).

HS Diploma+
93.7%
Bachelor's+
41.1%
Graduate+
14.3%
Education Level % of Adults (25+)
High School Diploma or Higher93.7%
Bachelor's Degree or Higher41.1%
Graduate or Professional Degree14.3%

Housing

The median home value in Providence is $351,000, above the national median of $303,400. The median monthly rent is $2,413. The homeownership rate is 77.5%.

$351,000
Median Home Value
$2,413/mo
Median Rent
77.5%
Homeownership Rate
Housing Metric Value
Median Home Value$351,000
Median Monthly Rent$2,413
Homeownership Rate77.5%
Vacancy Rate2.0%

Salaries in Texas

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Frequently Asked Questions

What is the population of Providence, Texas?
The population of Providence, Texas is 8,721 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Providence, Texas?
The median household income in Providence, Texas is $110,430. This is 37.0% above the national median of $80,610.
What is the median home value in Providence, Texas?
The median home value in Providence, Texas is $351,000. The median monthly rent is $2,413.
What percentage of people in Providence have a college degree?
In Providence, Texas, 41.1% of adults age 25 and older hold a bachelor's degree or higher, and 93.7% have a high school diploma or higher.
Is Providence, Texas an affordable place to live?
The home price-to-income ratio in Providence, Texas is 3.2x (median home value $351,000 vs. median income $110,430), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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