Living in Falcon Lake Estates, Texas
Cost of living, income, home prices, rent and demographics of Falcon Lake Estates · Census data 2020–2024
Falcon Lake Estates has 1,075 residents with a median age of 33.7. The median household income is $65,909 (16% lower than the Texas median), the median home value is $142,300, the median rent is $760/month.
Falcon Lake Estates is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Falcon Lake Estates at a glance
- Population
- 1,075
- Median age
- 33.7State: 35.6
- Median household income
- $65,909State: $78,476
- Median home value
- $142,300State: $283,800
- Median rent
- $760/moState: $1,403
- Homeowners
- 76.2%
- Bachelor's degree or higher
- 10.3%
- Average commute
- 29 min
Is Falcon Lake Estates a good place to live?
Pros: Home values 50% lower than the state median; unemployment of 3.3%.
Cons: Median household income 16% lower than the Texas median; an average commute of 29 minutes; a poverty rate of 33%.
The weather is best in February–March and November–December.
Cost of living in Falcon Lake Estates
Housing is the biggest part of the cost of living. In Falcon Lake Estates the median home value is $142,300, 57% lower than the U.S. median. Renters pay a median of $760 per month, which is 16.3% of household income. Homeowners with a mortgage pay $1,128 a month in housing costs.
Falcon Lake Estates median household income
The median household income in Falcon Lake Estates is $65,909 and the income per person is $22,232. 33% of residents live below the poverty line (Texas: 13.8%).
Housing in Falcon Lake Estates: homes for sale and rent
- Housing units
- 490
- Owner-occupied
- 76.2%
- Renter-occupied
- 23.8%
- Vacant
- 22%Includes seasonal homes
- Median year built
- 1991
- Average household size
- 2.81
Falcon Lake Estates demographics
- Population
- 1,075
- Median age
- 33.7
- Under 18
- 32.4%
- 65 and older
- 7.8%
- Households
- 382
- Foreign-born
- 17.2%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Falcon Lake Estates ›
Education in Falcon Lake Estates
10.3% of adults 25 and older in Falcon Lake Estates have a bachelor's degree or higher (Texas: 33.8%), and 2.6% have a graduate or professional degree.
Jobs and commute in Falcon Lake Estates
- Unemployment rate
- 3.3%State: 5.3%
- Average commute
- 29 minState: 27 min
- Work from home
- 6.3%
- Drive alone
- 88.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 72.8%
Falcon Lake Estates vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Falcon Lake Estates | 1,075 | $65,909 | $142,300 | $760 |
| Siesta Shores | 1,640 | $35,352 | $66,400 | $758 |
| Falcon Mesa | 426 | $62,589 | $154,200 | — |
| Zapata | 4,897 | $45,488 | $124,900 | $395 |
| Medina | 4,226 | $21,506 | $65,000 | $604 |
More for people moving to Falcon Lake Estates
Falcon Lake Estates ZIP code ›Weather and climate ›Living in Falcon Lake Estates: FAQ
What is the median household income in Falcon Lake Estates, TX?
The median household income in Falcon Lake Estates is $65,909, 16% lower 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 Falcon Lake Estates?
The median home value in Falcon Lake Estates is $142,300, compared with $283,800 in Texas.
How much is rent in Falcon Lake Estates?
The median gross rent in Falcon Lake Estates is $760 per month, about 16.3% of household income.
Is Falcon Lake Estates, TX a good place to live?
Pluses: home values 50% lower than the state median; unemployment of 3.3%. Minuses: median household income 16% lower than the Texas median; an average commute of 29 minutes; a poverty rate of 33%.
What is the median age in Falcon Lake Estates?
The median age in Falcon Lake Estates is 33.7 years (Texas: 35.6).
How long is the commute in Falcon Lake Estates?
The average commute to work in Falcon Lake Estates is 29 minutes; 6.3% of workers work from home.
What is the unemployment rate in Falcon Lake Estates?
The unemployment rate in Falcon Lake Estates is 3.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Falcon Lake Estates?
10.3% of adults in Falcon Lake Estates 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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