Last updated: 2024 BLS data · Page refreshed:
Wharton has a population of 7,318 with a median age of 46.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 7,318 |
| Median Age | 46.3 |
| White | 48.5% |
| Black or African American | 0.7% |
| Asian | 0.6% |
| Hispanic or Latino | 51.3% |
The median household income in Wharton is $85,767, which is 6.4% above the national median of $80,610. The per capita income is $42,614. The poverty rate is 15.3%.
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In Wharton, 88.8% of residents age 25+ have a high school diploma or higher, and 28.8% hold a bachelor's degree or higher (6.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 88.8% |
| Bachelor's Degree or Higher | 28.8% |
| Graduate or Professional Degree | 6.4% |
The median home value in Wharton is $380,700, above the national median of $303,400. The median monthly rent is $1,720. The homeownership rate is 59.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $380,700 |
| Median Monthly Rent | $1,720 |
| Homeownership Rate | 59.0% |
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