Living in Leonard, Texas
Cost of living, income, home prices, rent and demographics of Leonard · Census data 2020–2024
Leonard has 2,505 residents with a median age of 38.2. The median household income is $54,717 (30% lower than the Texas median), the median home value is $161,100, the median rent is $1,227/month.
Leonard at a glance
- Population
- 2,505
- Median age
- 38.2State: 35.6
- Median household income
- $54,717State: $78,476
- Median home value
- $161,100State: $283,800
- Median rent
- $1,227/moState: $1,403
- Homeowners
- 66%
- Bachelor's degree or higher
- 8%
- Average commute
- 40 min
Is Leonard a good place to live?
Pros: Home values 43% lower than the state median.
Cons: Median household income 30% lower than the Texas median; an average commute of 40 minutes; unemployment of 7.3%; a poverty rate of 18.4%.
The weather is best in April–May and October–November.
Cost of living in Leonard
Housing is the biggest part of the cost of living. In Leonard the median home value is $161,100, 52% lower than the U.S. median. Renters pay a median of $1,227 per month, which is 24.7% of household income. Homeowners with a mortgage pay $1,366 a month in housing costs.
Leonard median household income
The median household income in Leonard is $54,717 and the income per person is $24,499. 18.4% of residents live below the poverty line (Texas: 13.8%).
Housing in Leonard: homes for sale and rent
- Housing units
- 972
- Owner-occupied
- 66%
- Renter-occupied
- 34%
- Vacant
- 10.1%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.82
Leonard demographics
- Population
- 2,505
- Median age
- 38.2
- Under 18
- 27.2%
- 65 and older
- 14.9%
- Households
- 874
- Foreign-born
- 2.5%
- Veterans
- 4.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Leonard ›
Education in Leonard
8% of adults 25 and older in Leonard have a bachelor's degree or higher (Texas: 33.8%), and 2.5% have a graduate or professional degree.
Jobs and commute in Leonard
- Unemployment rate
- 7.3%State: 5.3%
- Average commute
- 40 minState: 27 min
- Work from home
- 11%
- Drive alone
- 83.2%
- Public transit
- 0%
- Walk to work
- 2%
- Homes with broadband
- 87.5%
Leonard vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Leonard | 2,505 | $54,717 | $161,100 | $1,227 |
| Bailey | 198 | $52,917 | $118,400 | $1,300 |
| Trenton | 653 | $53,929 | $164,000 | $1,286 |
| Celeste | 1,019 | $54,375 | $184,700 | $959 |
| Wolfe City | 1,148 | $52,031 | $150,200 | $798 |
| Blue Ridge | 1,104 | $77,333 | $214,500 | $1,456 |
| Whitewright | 1,659 | $57,692 | $242,000 | $743 |
| Ector | 820 | $66,161 | $153,400 | $1,113 |
| Bonham | 10,697 | $57,681 | $201,800 | $1,073 |
More for people moving to Leonard
Leonard ZIP code ›Weather and climate ›Living in Leonard: FAQ
What is the median household income in Leonard, TX?
The median household income in Leonard is $54,717, 30% 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 Leonard?
The median home value in Leonard is $161,100, compared with $283,800 in Texas.
How much is rent in Leonard?
The median gross rent in Leonard is $1,227 per month, about 24.7% of household income.
Is Leonard, TX a good place to live?
Pluses: home values 43% lower than the state median. Minuses: median household income 30% lower than the Texas median; an average commute of 40 minutes; unemployment of 7.3%; a poverty rate of 18.4%.
What is the median age in Leonard?
The median age in Leonard is 38.2 years (Texas: 35.6).
How long is the commute in Leonard?
The average commute to work in Leonard is 40 minutes; 11% of workers work from home.
What is the unemployment rate in Leonard?
The unemployment rate in Leonard is 7.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Leonard?
8% of adults in Leonard 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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