Last updated: 2024 BLS data · Page refreshed:
Wharton has a population of 8,724 with a median age of 35.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 8,724 |
| Median Age | 35.8 |
| White | 43.3% |
| Black or African American | 23.2% |
| Asian | 1.3% |
| Hispanic or Latino | 44.0% |
The median household income in Wharton is $58,212, which is 27.8% below the national median of $80,610. The per capita income is $27,660. The poverty rate is 11.9%.
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In Wharton, 85.0% of residents age 25+ have a high school diploma or higher, and 15.3% hold a bachelor's degree or higher (4.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 85.0% |
| Bachelor's Degree or Higher | 15.3% |
| Graduate or Professional Degree | 4.8% |
The median home value in Wharton is $149,400, below the national median of $303,400. The median monthly rent is $1,051. The homeownership rate is 54.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $149,400 |
| Median Monthly Rent | $1,051 |
| Homeownership Rate | 54.3% |
| Vacancy Rate | 12.4% |
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