Living in Hedley, Texas
Cost of living, income, home prices, rent and demographics of Hedley · Census data 2020–2024
Hedley has 318 residents with a median age of 40.5. The median household income is $38,750 (51% lower than the Texas median), the median home value is $43,000, the median rent is $622/month.
Hedley is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Hedley at a glance
- Population
- 318
- Median age
- 40.5State: 35.6
- Median household income
- $38,750State: $78,476
- Median home value
- $43,000State: $283,800
- Median rent
- $622/moState: $1,403
- Homeowners
- 79.2%
- Bachelor's degree or higher
- 21.5%
- Average commute
- 44 min
Is Hedley a good place to live?
Pros: Home values 85% lower than the state median; unemployment of 2.1%; a poverty rate of 6.9%.
Cons: Median household income 51% lower than the Texas median; an average commute of 44 minutes.
The weather is best in April–May and September–October.
Cost of living in Hedley
Housing is the biggest part of the cost of living. In Hedley the median home value is $43,000, 87% lower than the U.S. median. Renters pay a median of $622 per month, which is 15.4% of household income. Homeowners with a mortgage pay $592 a month in housing costs.
Hedley median household income
The median household income in Hedley is $38,750 and the income per person is $28,010. 6.9% of residents live below the poverty line (Texas: 13.8%).
Housing in Hedley: homes for sale and rent
- Housing units
- 225
- Owner-occupied
- 79.2%
- Renter-occupied
- 20.8%
- Vacant
- 36%Includes seasonal homes
- Median year built
- 1951
- Average household size
- 2.21
36% of homes are vacant most of the year, a sign that Hedley has many vacation and second homes.
Hedley demographics
- Population
- 318
- Median age
- 40.5
- Under 18
- 11.6%
- 65 and older
- 21.4%
- Households
- 144
- Foreign-born
- 1.9%
- Veterans
- 6.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Hedley ›
Education in Hedley
21.5% of adults 25 and older in Hedley have a bachelor's degree or higher (Texas: 33.8%), and 5% have a graduate or professional degree.
Jobs and commute in Hedley
- Unemployment rate
- 2.1%State: 5.3%
- Average commute
- 44 minState: 27 min
- Work from home
- 12%
- Drive alone
- 81.4%
- Public transit
- 0%
- Walk to work
- 3.8%
- Homes with broadband
- 87.5%
Hedley vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hedley | 318 | $38,750 | $43,000 | $622 |
| Memphis | 2,174 | $47,639 | $77,300 | $491 |
| Clarendon | 1,859 | $57,250 | $103,300 | $798 |
| Howardwick | 412 | $64,688 | $90,000 | — |
| Wellington | 1,883 | $57,050 | $87,400 | — |
| McLean | 799 | $63,000 | $76,000 | $933 |
| Shamrock | 1,710 | $46,912 | $91,000 | $958 |
| Groom | 549 | $67,917 | $93,900 | $1,094 |
| Turkey | 274 | $49,450 | $99,300 | $554 |
More for people moving to Hedley
Hedley ZIP code ›Weather and climate ›Living in Hedley: FAQ
What is the median household income in Hedley, TX?
The median household income in Hedley is $38,750, 51% 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 Hedley?
The median home value in Hedley is $43,000, compared with $283,800 in Texas.
How much is rent in Hedley?
The median gross rent in Hedley is $622 per month, about 15.4% of household income.
Is Hedley, TX a good place to live?
Pluses: home values 85% lower than the state median; unemployment of 2.1%; a poverty rate of 6.9%. Minuses: median household income 51% lower than the Texas median; an average commute of 44 minutes.
What is the median age in Hedley?
The median age in Hedley is 40.5 years (Texas: 35.6).
How long is the commute in Hedley?
The average commute to work in Hedley is 44 minutes; 12% of workers work from home.
What is the unemployment rate in Hedley?
The unemployment rate in Hedley is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hedley?
21.5% of adults in Hedley 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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