Living in Honey Grove, Texas
Cost of living, income, home prices, rent and demographics of Honey Grove · Census data 2020–2024
Honey Grove has 1,824 residents with a median age of 42.6. The median household income is $46,713 (40% lower than the Texas median), the median home value is $152,000, the median rent is $581/month.
Honey Grove at a glance
- Population
- 1,824
- Median age
- 42.6State: 35.6
- Median household income
- $46,713State: $78,476
- Median home value
- $152,000State: $283,800
- Median rent
- $581/moState: $1,403
- Homeowners
- 62.2%
- Bachelor's degree or higher
- 15.1%
- Average commute
- 27 min
Is Honey Grove a good place to live?
Pros: Home values 46% lower than the state median; unemployment of 2.8%; a poverty rate of 13.1%.
Cons: Median household income 40% lower than the Texas median; an average commute of 27 minutes.
The weather is best in April–May and September–October.
Cost of living in Honey Grove
Housing is the biggest part of the cost of living. In Honey Grove the median home value is $152,000, 54% lower than the U.S. median. Renters pay a median of $581 per month, which is 29.2% of household income. Homeowners with a mortgage pay $1,644 a month in housing costs.
Honey Grove median household income
The median household income in Honey Grove is $46,713 and the income per person is $38,553. 13.1% of residents live below the poverty line (Texas: 13.8%).
Housing in Honey Grove: homes for sale and rent
- Housing units
- 838
- Owner-occupied
- 62.2%
- Renter-occupied
- 37.8%
- Vacant
- 11.9%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.47
Honey Grove demographics
- Population
- 1,824
- Median age
- 42.6
- Under 18
- 25.2%
- 65 and older
- 18.3%
- Households
- 738
- Foreign-born
- 3.7%
- Veterans
- 6.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Honey Grove ›
Education in Honey Grove
15.1% of adults 25 and older in Honey Grove have a bachelor's degree or higher (Texas: 33.8%), and 4.5% have a graduate or professional degree.
Jobs and commute in Honey Grove
- Unemployment rate
- 2.8%State: 5.3%
- Average commute
- 27 minState: 27 min
- Work from home
- 7.3%
- Drive alone
- 74.5%
- Public transit
- 0%
- Walk to work
- 0.6%
- Homes with broadband
- 76.8%
Honey Grove vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Honey Grove | 1,824 | $46,713 | $152,000 | $581 |
| Petty | 213 | $105,625 | $227,300 | — |
| Dodd City | 503 | $113,906 | $129,200 | $1,514 |
| Pecan Gap | 258 | $126,500 | $252,700 | — |
| Roxton | 391 | $72,891 | — | $985 |
| Ladonia | 537 | $49,714 | $78,300 | $442 |
| Bonham | 10,697 | $57,681 | $201,800 | $1,073 |
| Wolfe City | 1,148 | $52,031 | $150,200 | $798 |
| Bailey | 198 | $52,917 | $118,400 | $1,300 |
More for people moving to Honey Grove
Honey Grove ZIP code ›Weather and climate ›Living in Honey Grove: FAQ
What is the median household income in Honey Grove, TX?
The median household income in Honey Grove is $46,713, 40% 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 Honey Grove?
The median home value in Honey Grove is $152,000, compared with $283,800 in Texas.
How much is rent in Honey Grove?
The median gross rent in Honey Grove is $581 per month, about 29.2% of household income.
Is Honey Grove, TX a good place to live?
Pluses: home values 46% lower than the state median; unemployment of 2.8%; a poverty rate of 13.1%. Minuses: median household income 40% lower than the Texas median; an average commute of 27 minutes.
What is the median age in Honey Grove?
The median age in Honey Grove is 42.6 years (Texas: 35.6).
How long is the commute in Honey Grove?
The average commute to work in Honey Grove is 27 minutes; 7.3% of workers work from home.
What is the unemployment rate in Honey Grove?
The unemployment rate in Honey Grove is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Honey Grove?
15.1% of adults in Honey Grove 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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