Living in Alvarado, Texas
Cost of living, income, home prices, rent and demographics of Alvarado · Census data 2020–2024
Alvarado has 6,307 residents with a median age of 31.3. The median household income is $80,523 (about the same as the Texas median), the median home value is $249,000, the median rent is $788/month.
Alvarado at a glance
- Population
- 6,307
- Median age
- 31.3State: 35.6
- Median household income
- $80,523State: $78,476
- Median home value
- $249,000State: $283,800
- Median rent
- $788/moState: $1,403
- Homeowners
- 74.6%
- Bachelor's degree or higher
- 9.8%
- Average commute
- 31 min
Is Alvarado a good place to live?
Pros: Median household income about the same as the Texas median; home values 12% lower than the state median; unemployment of 5%; a poverty rate of 13.5%.
Cons: An average commute of 31 minutes.
The weather is best in March to May and October.
Cost of living in Alvarado
Housing is the biggest part of the cost of living. In Alvarado the median home value is $249,000, 25% lower than the U.S. median. Renters pay a median of $788 per month, which is 31.4% of household income. Homeowners with a mortgage pay $2,029 a month in housing costs.
Alvarado median household income
The median household income in Alvarado is $80,523 and the income per person is $29,711. 13.5% of residents live below the poverty line (Texas: 13.8%).
Housing in Alvarado: homes for sale and rent
- Housing units
- 2,148
- Owner-occupied
- 74.6%
- Renter-occupied
- 25.4%
- Vacant
- 15.4%Includes seasonal homes
- Median year built
- 1999
- Average household size
- 3.36
Alvarado demographics
- Population
- 6,307
- Median age
- 31.3
- Under 18
- 27.5%
- 65 and older
- 12.3%
- Households
- 1,817
- Foreign-born
- 10.3%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Alvarado ›
Education in Alvarado
9.8% of adults 25 and older in Alvarado have a bachelor's degree or higher (Texas: 33.8%), and 4% have a graduate or professional degree.
Jobs and commute in Alvarado
- Unemployment rate
- 5%State: 5.3%
- Average commute
- 31 minState: 27 min
- Work from home
- 4.3%
- Drive alone
- 79.2%
- Public transit
- 0%
- Walk to work
- 1.7%
- Homes with broadband
- 86.7%
Alvarado vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Alvarado | 6,307 | $80,523 | $249,000 | $788 |
| The Homesteads | 3,053 | $76,994 | $133,300 | $1,708 |
| Coyote Flats | 365 | $63,125 | $265,600 | $1,450 |
| Venus | 6,745 | $106,023 | $270,500 | $1,888 |
| Keene | 6,691 | $51,695 | $225,300 | $969 |
| Briaroaks | 614 | $101,875 | $347,900 | — |
| Burleson | 52,918 | $93,928 | $308,200 | $1,685 |
| Grandview | 2,176 | $77,000 | $225,600 | $828 |
| Joshua | 8,550 | $68,117 | $338,100 | $1,361 |
More for people moving to Alvarado
Alvarado ZIP code ›Weather and climate ›Living in Alvarado: FAQ
What is the median household income in Alvarado, TX?
The median household income in Alvarado is $80,523, about the same as the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Alvarado?
The median home value in Alvarado is $249,000, compared with $283,800 in Texas.
How much is rent in Alvarado?
The median gross rent in Alvarado is $788 per month, about 31.4% of household income.
Is Alvarado, TX a good place to live?
Pluses: median household income about the same as the Texas median; home values 12% lower than the state median; unemployment of 5%; a poverty rate of 13.5%. Minuses: an average commute of 31 minutes.
What is the median age in Alvarado?
The median age in Alvarado is 31.3 years (Texas: 35.6).
How long is the commute in Alvarado?
The average commute to work in Alvarado is 31 minutes; 4.3% of workers work from home.
What is the unemployment rate in Alvarado?
The unemployment rate in Alvarado is 5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Alvarado?
9.8% of adults in Alvarado have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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