Living in Knox City, Texas
Cost of living, income, home prices, rent and demographics of Knox City · Census data 2020–2024
Knox City has 974 residents with a median age of 45.7. The median household income is $42,344 (46% lower than the Texas median), the median home value is $62,700, the median rent is $579/month.
Knox City is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Knox City at a glance
- Population
- 974
- Median age
- 45.7State: 35.6
- Median household income
- $42,344State: $78,476
- Median home value
- $62,700State: $283,800
- Median rent
- $579/moState: $1,403
- Homeowners
- 74.8%
- Bachelor's degree or higher
- 16.2%
- Average commute
- 15 min
Is Knox City a good place to live?
Pros: Home values 78% lower than the state median; an average commute of 15 minutes; unemployment of 1.7%.
Cons: Median household income 46% lower than the Texas median; a poverty rate of 17.5%.
The weather is best in March to May and October.
Cost of living in Knox City
Housing is the biggest part of the cost of living. In Knox City the median home value is $62,700, 81% lower than the U.S. median. Renters pay a median of $579 per month, which is 19.3% of household income. Homeowners with a mortgage pay $1,035 a month in housing costs.
Knox City median household income
The median household income in Knox City is $42,344 and the income per person is $25,364. 17.5% of residents live below the poverty line (Texas: 13.8%).
Housing in Knox City: homes for sale and rent
- Housing units
- 462
- Owner-occupied
- 74.8%
- Renter-occupied
- 25.2%
- Vacant
- 17.5%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.43
Knox City demographics
- Population
- 974
- Median age
- 45.7
- Under 18
- 23.5%
- 65 and older
- 21.4%
- Households
- 381
- Foreign-born
- 4.3%
- Veterans
- 7.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Knox City ›
Education in Knox City
16.2% of adults 25 and older in Knox City have a bachelor's degree or higher (Texas: 33.8%), and 5.1% have a graduate or professional degree.
Jobs and commute in Knox City
- Unemployment rate
- 1.7%State: 5.3%
- Average commute
- 15 minState: 27 min
- Work from home
- 11.9%
- Drive alone
- 68.2%
- Public transit
- 0%
- Walk to work
- 6.2%
- Homes with broadband
- 87.7%
Knox City vs nearby towns
More for people moving to Knox City
Knox City ZIP code ›Weather and climate ›Living in Knox City: FAQ
What is the median household income in Knox City, TX?
The median household income in Knox City is $42,344, 46% 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 Knox City?
The median home value in Knox City is $62,700, compared with $283,800 in Texas.
How much is rent in Knox City?
The median gross rent in Knox City is $579 per month, about 19.3% of household income.
Is Knox City, TX a good place to live?
Pluses: home values 78% lower than the state median; an average commute of 15 minutes; unemployment of 1.7%. Minuses: median household income 46% lower than the Texas median; a poverty rate of 17.5%.
What is the median age in Knox City?
The median age in Knox City is 45.7 years (Texas: 35.6).
How long is the commute in Knox City?
The average commute to work in Knox City is 15 minutes; 11.9% of workers work from home.
What is the unemployment rate in Knox City?
The unemployment rate in Knox City is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Knox City?
16.2% of adults in Knox City 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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