Living in Ferris, Texas
Cost of living, income, home prices, rent and demographics of Ferris · Census data 2020–2024
Ferris has 3,238 residents with a median age of 29.3. The median household income is $89,722 (14% higher than the Texas median), the median home value is $261,800, the median rent is $1,295/month.
Ferris at a glance
- Population
- 3,238
- Median age
- 29.3State: 35.6
- Median household income
- $89,722State: $78,476
- Median home value
- $261,800State: $283,800
- Median rent
- $1,295/moState: $1,403
- Homeowners
- 68.7%
- Bachelor's degree or higher
- 20.2%
- Average commute
- 32 min
Is Ferris a good place to live?
Pros: Median household income 14% higher than the Texas median; home values 8% lower than the state median; unemployment of 3.5%; a poverty rate of 7.7%.
Cons: An average commute of 32 minutes.
The weather is best in March to May and October.
Cost of living in Ferris
Housing is the biggest part of the cost of living. In Ferris the median home value is $261,800, 21% lower than the U.S. median. Renters pay a median of $1,295 per month, which is 24.8% of household income. Homeowners with a mortgage pay $1,977 a month in housing costs.
Ferris median household income
The median household income in Ferris is $89,722 and the income per person is $26,829. 7.7% of residents live below the poverty line (Texas: 13.8%).
Housing in Ferris: homes for sale and rent
- Housing units
- 1,102
- Owner-occupied
- 68.7%
- Renter-occupied
- 31.3%
- Vacant
- 11.6%Includes seasonal homes
- Median year built
- 1985
- Average household size
- 3.32
Ferris demographics
- Population
- 3,238
- Median age
- 29.3
- Under 18
- 36.4%
- 65 and older
- 8.8%
- Households
- 974
- Foreign-born
- 10.6%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Ferris ›
Education in Ferris
20.2% of adults 25 and older in Ferris have a bachelor's degree or higher (Texas: 33.8%), and 5.6% have a graduate or professional degree.
Jobs and commute in Ferris
- Unemployment rate
- 3.5%State: 5.3%
- Average commute
- 32 minState: 27 min
- Work from home
- 11.9%
- Drive alone
- 78.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 93.8%
Ferris vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Ferris | 3,238 | $89,722 | $261,800 | $1,295 |
| Wilmer | 6,391 | $59,626 | $157,200 | $1,364 |
| Bear Creek Ranch | 1,604 | $81,250 | $291,300 | — |
| Red Oak | 17,077 | $104,561 | $366,100 | $1,920 |
| Lancaster | 40,820 | $68,302 | $246,300 | $1,704 |
| Pecan Hill | 723 | $104,712 | $325,400 | $1,667 |
| Palmer | 2,515 | $104,258 | $226,000 | $1,718 |
| Hutchins | 7,496 | $47,829 | $235,200 | $1,396 |
| Bristol | 649 | $101,653 | $634,800 | — |
More for people moving to Ferris
Ferris ZIP code ›Weather and climate ›Living in Ferris: FAQ
What is the median household income in Ferris, TX?
The median household income in Ferris is $89,722, 14% 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 Ferris?
The median home value in Ferris is $261,800, compared with $283,800 in Texas.
How much is rent in Ferris?
The median gross rent in Ferris is $1,295 per month, about 24.8% of household income.
Is Ferris, TX a good place to live?
Pluses: median household income 14% higher than the Texas median; home values 8% lower than the state median; unemployment of 3.5%; a poverty rate of 7.7%. Minuses: an average commute of 32 minutes.
What is the median age in Ferris?
The median age in Ferris is 29.3 years (Texas: 35.6).
How long is the commute in Ferris?
The average commute to work in Ferris is 32 minutes; 11.9% of workers work from home.
What is the unemployment rate in Ferris?
The unemployment rate in Ferris is 3.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Ferris?
20.2% of adults in Ferris 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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