Living in Groesbeck, Texas
Cost of living, income, home prices, rent and demographics of Groesbeck · Census data 2020–2024
Groesbeck has 3,914 residents with a median age of 38.2. The median household income is $61,571 (22% lower than the Texas median), the median home value is $162,500, the median rent is $855/month.
Groesbeck at a glance
- Population
- 3,914
- Median age
- 38.2State: 35.6
- Median household income
- $61,571State: $78,476
- Median home value
- $162,500State: $283,800
- Median rent
- $855/moState: $1,403
- Homeowners
- 61.1%
- Bachelor's degree or higher
- 15.4%
- Average commute
- 37 min
Is Groesbeck a good place to live?
Pros: Home values 43% lower than the state median; unemployment of 2%; a poverty rate of 7.2%.
Cons: Median household income 22% lower than the Texas median; an average commute of 37 minutes.
The weather is best in March–April and October–November.
Cost of living in Groesbeck
Housing is the biggest part of the cost of living. In Groesbeck the median home value is $162,500, 51% lower than the U.S. median. Renters pay a median of $855 per month, which is 26% of household income. Homeowners with a mortgage pay $1,586 a month in housing costs.
Groesbeck median household income
The median household income in Groesbeck is $61,571 and the income per person is $30,215. 7.2% of residents live below the poverty line (Texas: 13.8%).
Housing in Groesbeck: homes for sale and rent
- Housing units
- 1,467
- Owner-occupied
- 61.1%
- Renter-occupied
- 38.9%
- Vacant
- 8.5%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.71
Groesbeck demographics
- Population
- 3,914
- Median age
- 38.2
- Under 18
- 24.6%
- 65 and older
- 19.1%
- Households
- 1,343
- Foreign-born
- 7.2%
- Veterans
- 9%Adults 18+
Hispanic or Latino can be of any race. Population history of Groesbeck ›
Education in Groesbeck
15.4% of adults 25 and older in Groesbeck have a bachelor's degree or higher (Texas: 33.8%), and 3.2% have a graduate or professional degree.
Jobs and commute in Groesbeck
- Unemployment rate
- 2%State: 5.3%
- Average commute
- 37 minState: 27 min
- Work from home
- 12%
- Drive alone
- 80%
- Public transit
- 0%
- Walk to work
- 4.5%
- Homes with broadband
- 84.4%
Groesbeck vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Groesbeck | 3,914 | $61,571 | $162,500 | $855 |
| Thornton | 565 | $53,750 | $84,000 | $897 |
| Mexia | 6,859 | $42,222 | $109,900 | $887 |
| Tehuacana | 341 | $75,469 | $169,100 | $894 |
| Kosse | 430 | $61,250 | $108,500 | $1,188 |
| Teague | 3,476 | $61,433 | $119,900 | $637 |
| Coolidge | 754 | $41,429 | $57,400 | $869 |
| Mart | 1,704 | $62,917 | $116,100 | $895 |
| Wortham | 1,160 | $46,316 | $129,000 | $850 |
More for people moving to Groesbeck
Groesbeck ZIP code ›Weather and climate ›Living in Groesbeck: FAQ
What is the median household income in Groesbeck, TX?
The median household income in Groesbeck is $61,571, 22% 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 Groesbeck?
The median home value in Groesbeck is $162,500, compared with $283,800 in Texas.
How much is rent in Groesbeck?
The median gross rent in Groesbeck is $855 per month, about 26% of household income.
Is Groesbeck, TX a good place to live?
Pluses: home values 43% lower than the state median; unemployment of 2%; a poverty rate of 7.2%. Minuses: median household income 22% lower than the Texas median; an average commute of 37 minutes.
What is the median age in Groesbeck?
The median age in Groesbeck is 38.2 years (Texas: 35.6).
How long is the commute in Groesbeck?
The average commute to work in Groesbeck is 37 minutes; 12% of workers work from home.
What is the unemployment rate in Groesbeck?
The unemployment rate in Groesbeck is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Groesbeck?
15.4% of adults in Groesbeck 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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