Living in Bynum, Texas
Cost of living, income, home prices, rent and demographics of Bynum · Census data 2020–2024
Bynum has 236 residents with a median age of 19.7. The median household income is $83,750 (7% higher than the Texas median), the median home value is $108,300, the median rent is $933/month.
Bynum is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Bynum at a glance
- Population
- 236
- Median age
- 19.7State: 35.6
- Median household income
- $83,750State: $78,476
- Median home value
- $108,300State: $283,800
- Median rent
- $933/moState: $1,403
- Homeowners
- 84%
- Bachelor's degree or higher
- 18.3%
- Average commute
- 31 min
Is Bynum a good place to live?
Pros: Median household income 7% higher than the Texas median; home values 62% lower than the state median; unemployment of 4.9%; a poverty rate of 5.5%.
Cons: An average commute of 31 minutes.
The weather is best in April–May and October–November.
Cost of living in Bynum
Housing is the biggest part of the cost of living. In Bynum the median home value is $108,300, 67% lower than the U.S. median. Renters pay a median of $933 per month, which is 30% of household income. Homeowners with a mortgage pay $1,866 a month in housing costs.
Bynum median household income
The median household income in Bynum is $83,750 and the income per person is $23,216. 5.5% of residents live below the poverty line (Texas: 13.8%).
Housing in Bynum: homes for sale and rent
- Housing units
- 65
- Owner-occupied
- 84%
- Renter-occupied
- 16%
- Vacant
- 23.1%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 4.72
Bynum demographics
- Population
- 236
- Median age
- 19.7
- Under 18
- 45.8%
- 65 and older
- 10.2%
- Households
- 50
- Foreign-born
- 0%
- Veterans
- 3.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Bynum ›
Education in Bynum
18.3% of adults 25 and older in Bynum have a bachelor's degree or higher (Texas: 33.8%), and 11.8% have a graduate or professional degree.
Jobs and commute in Bynum
- Unemployment rate
- 4.9%State: 5.3%
- Average commute
- 31 minState: 27 min
- Work from home
- 3.7%
- Drive alone
- 71.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 72%
Bynum vs nearby towns
More for people moving to Bynum
Bynum ZIP code ›Weather and climate ›Living in Bynum: FAQ
What is the median household income in Bynum, TX?
The median household income in Bynum is $83,750, 7% higher than 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 Bynum?
The median home value in Bynum is $108,300, compared with $283,800 in Texas.
How much is rent in Bynum?
The median gross rent in Bynum is $933 per month, about 30% of household income.
Is Bynum, TX a good place to live?
Pluses: median household income 7% higher than the Texas median; home values 62% lower than the state median; unemployment of 4.9%; a poverty rate of 5.5%. Minuses: an average commute of 31 minutes.
What is the median age in Bynum?
The median age in Bynum is 19.7 years (Texas: 35.6).
How long is the commute in Bynum?
The average commute to work in Bynum is 31 minutes; 3.7% of workers work from home.
What is the unemployment rate in Bynum?
The unemployment rate in Bynum is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bynum?
18.3% of adults in Bynum 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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