Living in Floydada, Texas
Cost of living, income, home prices, rent and demographics of Floydada · Census data 2020–2024
Floydada has 2,588 residents with a median age of 32.7. The median household income is $52,826 (33% lower than the Texas median), the median home value is $89,700, the median rent is $664/month.
Floydada at a glance
- Population
- 2,588
- Median age
- 32.7State: 35.6
- Median household income
- $52,826State: $78,476
- Median home value
- $89,700State: $283,800
- Median rent
- $664/moState: $1,403
- Homeowners
- 68.5%
- Bachelor's degree or higher
- 17.6%
- Average commute
- 18 min
Is Floydada a good place to live?
Pros: Home values 68% lower than the state median; an average commute of 18 minutes; unemployment of 3.7%.
Cons: Median household income 33% lower than the Texas median; a poverty rate of 20.1%.
The weather is best in April–May and September–October.
Cost of living in Floydada
Housing is the biggest part of the cost of living. In Floydada the median home value is $89,700, 73% lower than the U.S. median. Renters pay a median of $664 per month, which is 22% of household income. Homeowners with a mortgage pay $1,185 a month in housing costs.
Floydada median household income
The median household income in Floydada is $52,826 and the income per person is $36,825. 20.1% of residents live below the poverty line (Texas: 13.8%).
Housing in Floydada: homes for sale and rent
- Housing units
- 1,206
- Owner-occupied
- 68.5%
- Renter-occupied
- 31.5%
- Vacant
- 23.4%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.80
Floydada demographics
- Population
- 2,588
- Median age
- 32.7
- Under 18
- 32%
- 65 and older
- 12.7%
- Households
- 924
- Foreign-born
- 8%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Floydada ›
Education in Floydada
17.6% of adults 25 and older in Floydada have a bachelor's degree or higher (Texas: 33.8%), and 1.9% have a graduate or professional degree.
Jobs and commute in Floydada
- Unemployment rate
- 3.7%State: 5.3%
- Average commute
- 18 minState: 27 min
- Work from home
- 1.2%
- Drive alone
- 72.9%
- Public transit
- 0%
- Walk to work
- 2.1%
- Homes with broadband
- 82.8%
Floydada vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Floydada | 2,588 | $52,826 | $89,700 | $664 |
| Lockney | 1,752 | $54,698 | $82,600 | $718 |
| Petersburg | 699 | $51,250 | $72,700 | $642 |
| Ralls | 1,463 | $57,697 | $72,200 | $777 |
| Crosbyton | 1,774 | $38,684 | $59,200 | $512 |
| Lorenzo | 834 | $46,389 | $100,800 | $665 |
| Seth Ward | 2,205 | $53,990 | $62,400 | $863 |
| Plainview | 19,711 | $44,768 | $113,000 | $851 |
| Roaring Springs | 247 | $39,423 | $52,500 | $862 |
More for people moving to Floydada
Floydada ZIP code ›Weather and climate ›Living in Floydada: FAQ
What is the median household income in Floydada, TX?
The median household income in Floydada is $52,826, 33% 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 Floydada?
The median home value in Floydada is $89,700, compared with $283,800 in Texas.
How much is rent in Floydada?
The median gross rent in Floydada is $664 per month, about 22% of household income.
Is Floydada, TX a good place to live?
Pluses: home values 68% lower than the state median; an average commute of 18 minutes; unemployment of 3.7%. Minuses: median household income 33% lower than the Texas median; a poverty rate of 20.1%.
What is the median age in Floydada?
The median age in Floydada is 32.7 years (Texas: 35.6).
How long is the commute in Floydada?
The average commute to work in Floydada is 18 minutes; 1.2% of workers work from home.
What is the unemployment rate in Floydada?
The unemployment rate in Floydada is 3.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Floydada?
17.6% of adults in Floydada 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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