Living in Paradise, Texas
Cost of living, income, home prices, rent and demographics of Paradise · Census data 2020–2024
Paradise has 627 residents with a median age of 31.6. The median household income is $82,619 (5% higher than the Texas median), the median home value is $319,600, the median rent is $1,781/month.
Paradise is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Paradise at a glance
- Population
- 627
- Median age
- 31.6State: 35.6
- Median household income
- $82,619State: $78,476
- Median home value
- $319,600State: $283,800
- Median rent
- $1,781/moState: $1,403
- Homeowners
- 88.3%
- Bachelor's degree or higher
- 22.2%
- Average commute
- 36 min
Is Paradise a good place to live?
Pros: Median household income 5% higher than the Texas median; unemployment of 1.5%; a poverty rate of 8.8%.
Cons: Home values 13% higher than the state median; an average commute of 36 minutes.
The weather is best in April–May and October–November.
Cost of living in Paradise
Housing is the biggest part of the cost of living. In Paradise the median home value is $319,600, 4% lower than the U.S. median. Renters pay a median of $1,781 per month, which is 32.1% of household income. Homeowners with a mortgage pay $2,156 a month in housing costs.
Paradise median household income
The median household income in Paradise is $82,619 and the income per person is $31,347. 8.8% of residents live below the poverty line (Texas: 13.8%).
Housing in Paradise: homes for sale and rent
- Housing units
- 236
- Owner-occupied
- 88.3%
- Renter-occupied
- 11.7%
- Vacant
- 9.3%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 2.93
Paradise demographics
- Population
- 627
- Median age
- 31.6
- Under 18
- 27.3%
- 65 and older
- 12.8%
- Households
- 214
- Foreign-born
- 3.2%
- Veterans
- 15.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Paradise ›
Education in Paradise
22.2% of adults 25 and older in Paradise have a bachelor's degree or higher (Texas: 33.8%), and 5.3% have a graduate or professional degree.
Jobs and commute in Paradise
- Unemployment rate
- 1.5%State: 5.3%
- Average commute
- 36 minState: 27 min
- Work from home
- 15.6%
- Drive alone
- 65.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 78.5%
Paradise vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Paradise | 627 | $82,619 | $319,600 | $1,781 |
| Bridgeport | 6,331 | $96,037 | $253,500 | $1,337 |
| Decatur | 7,426 | $73,179 | $284,500 | $1,024 |
| Boyd | 1,351 | $68,958 | $264,900 | $898 |
| Lake Bridgeport | 358 | $73,194 | $203,600 | $1,367 |
| Runaway Bay | 1,717 | $96,875 | $307,600 | $1,227 |
| Briar | 7,228 | $104,238 | $405,900 | $1,234 |
| Chico | 1,512 | $75,739 | $170,300 | $1,317 |
| Aurora | 1,760 | $105,962 | $341,800 | $1,185 |
More for people moving to Paradise
Paradise ZIP code ›Weather and climate ›Living in Paradise: FAQ
What is the median household income in Paradise, TX?
The median household income in Paradise is $82,619, 5% 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 Paradise?
The median home value in Paradise is $319,600, compared with $283,800 in Texas.
How much is rent in Paradise?
The median gross rent in Paradise is $1,781 per month, about 32.1% of household income.
Is Paradise, TX a good place to live?
Pluses: median household income 5% higher than the Texas median; unemployment of 1.5%; a poverty rate of 8.8%. Minuses: home values 13% higher than the state median; an average commute of 36 minutes.
What is the median age in Paradise?
The median age in Paradise is 31.6 years (Texas: 35.6).
How long is the commute in Paradise?
The average commute to work in Paradise is 36 minutes; 15.6% of workers work from home.
What is the unemployment rate in Paradise?
The unemployment rate in Paradise is 1.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Paradise?
22.2% of adults in Paradise 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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