Living in Lake Tanglewood, Texas
Cost of living, income, home prices, rent and demographics of Lake Tanglewood · Census data 2020–2024
Lake Tanglewood has 624 residents with a median age of 61.8. The median household income is $120,625 (54% higher than the Texas median), the median home value is $633,600.
Lake Tanglewood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lake Tanglewood at a glance
- Population
- 624
- Median age
- 61.8State: 35.6
- Median household income
- $120,625State: $78,476
- Median home value
- $633,600State: $283,800
- Homeowners
- 96.6%
- Bachelor's degree or higher
- 50.5%
- Average commute
- 22 min
Is Lake Tanglewood a good place to live?
Pros: Median household income 54% higher than the Texas median; an average commute of 22 minutes; unemployment of 1.8%; a poverty rate of 6.7%.
Cons: Home values 123% higher than the state median.
The weather is best in April–May and September–October.
Cost of living in Lake Tanglewood
Housing is the biggest part of the cost of living. In Lake Tanglewood the median home value is $633,600, 90% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,768 a month in housing costs.
Lake Tanglewood median household income
The median household income in Lake Tanglewood is $120,625 and the income per person is $72,209. 6.7% of residents live below the poverty line (Texas: 13.8%).
Housing in Lake Tanglewood: homes for sale and rent
- Housing units
- 389
- Owner-occupied
- 96.6%
- Renter-occupied
- 3.4%
- Vacant
- 32.4%Includes seasonal homes
- Median year built
- 1985
- Average household size
- 2.37
32.4% of homes are vacant most of the year, a sign that Lake Tanglewood has many vacation and second homes.
Lake Tanglewood demographics
- Population
- 624
- Median age
- 61.8
- Under 18
- 14.1%
- 65 and older
- 45.8%
- Households
- 263
- Foreign-born
- 0%
- Veterans
- 13.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Tanglewood ›
Education in Lake Tanglewood
50.5% of adults 25 and older in Lake Tanglewood have a bachelor's degree or higher (Texas: 33.8%), and 15.6% have a graduate or professional degree.
Jobs and commute in Lake Tanglewood
- Unemployment rate
- 1.8%State: 5.3%
- Average commute
- 22 minState: 27 min
- Work from home
- 6.6%
- Drive alone
- 79.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 92.4%
Lake Tanglewood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Tanglewood | 624 | $120,625 | $633,600 | — |
| Palisades | 265 | $73,750 | $267,200 | — |
| Timbercreek Canyon | 528 | $145,278 | $400,000 | — |
| Rockwell Place | 2,016 | $57,188 | $91,600 | $1,298 |
| Canyon | 15,723 | $69,772 | $240,300 | $984 |
| Amarillo | 201,885 | $65,912 | $196,900 | $1,092 |
| Bishop Hills | 202 | $112,813 | $322,900 | — |
| Bushland | 2,779 | $146,071 | $424,900 | — |
| Happy | 647 | $55,313 | $91,800 | $1,102 |
More for people moving to Lake Tanglewood
Lake Tanglewood ZIP code ›Weather and climate ›Living in Lake Tanglewood: FAQ
What is the median household income in Lake Tanglewood, TX?
The median household income in Lake Tanglewood is $120,625, 54% higher 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 Lake Tanglewood?
The median home value in Lake Tanglewood is $633,600, compared with $283,800 in Texas.
Is Lake Tanglewood, TX a good place to live?
Pluses: median household income 54% higher than the Texas median; an average commute of 22 minutes; unemployment of 1.8%; a poverty rate of 6.7%. Minuses: home values 123% higher than the state median.
What is the median age in Lake Tanglewood?
The median age in Lake Tanglewood is 61.8 years (Texas: 35.6).
How long is the commute in Lake Tanglewood?
The average commute to work in Lake Tanglewood is 22 minutes; 6.6% of workers work from home.
What is the unemployment rate in Lake Tanglewood?
The unemployment rate in Lake Tanglewood is 1.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Tanglewood?
50.5% of adults in Lake Tanglewood 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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