Living in Parker, Texas
Cost of living, income, home prices, rent and demographics of Parker · Census data 2020–2024
Parker has 5,999 residents with a median age of 44.1. The median household income is $229,080 (192% higher than the Texas median), the median home value is $859,600.
Parker at a glance
- Population
- 5,999
- Median age
- 44.1State: 35.6
- Median household income
- $229,080State: $78,476
- Median home value
- $859,600State: $283,800
- Homeowners
- 98.9%
- Bachelor's degree or higher
- 63.3%
- Average commute
- 27 min
Is Parker a good place to live?
Pros: Median household income 192% higher than the Texas median; unemployment of 2.5%; a poverty rate of 5.4%.
Cons: Home values 203% higher than the state median; an average commute of 27 minutes.
The weather is best in April–May and September–October.
Cost of living in Parker
Housing is the biggest part of the cost of living. In Parker the median home value is $859,600, 158% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $4,001 a month in housing costs.
Parker median household income
The median household income in Parker is $229,080 and the income per person is $81,966. 5.4% of residents live below the poverty line (Texas: 13.8%).
Housing in Parker: homes for sale and rent
- Housing units
- 1,625
- Owner-occupied
- 98.9%
- Renter-occupied
- 1.1%
- Vacant
- 2.2%Includes seasonal homes
- Median year built
- 2004
- Average household size
- 3.77
Parker demographics
- Population
- 5,999
- Median age
- 44.1
- Under 18
- 25.8%
- 65 and older
- 19.7%
- Households
- 1,590
- Foreign-born
- 21.2%
- Veterans
- 2%Adults 18+
Hispanic or Latino can be of any race. Population history of Parker ›
Education in Parker
63.3% of adults 25 and older in Parker have a bachelor's degree or higher (Texas: 33.8%), and 25.4% have a graduate or professional degree.
Jobs and commute in Parker
- Unemployment rate
- 2.5%State: 5.3%
- Average commute
- 27 minState: 27 min
- Work from home
- 36.5%
- Drive alone
- 54.3%
- Public transit
- 0.3%
- Walk to work
- 0.3%
- Homes with broadband
- 98.7%
Parker vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Parker | 5,999 | $229,080 | $859,600 | — |
| Murphy | 21,188 | $175,699 | $555,500 | $2,847 |
| Seis Lagos | 1,391 | $248,854 | $753,600 | — |
| Lucas | 8,351 | $221,364 | $941,900 | — |
| Allen | 110,265 | $130,901 | $464,100 | $1,932 |
| St. Paul | 879 | $127,500 | $494,300 | $2,667 |
| Fairview | 10,783 | $109,347 | $597,300 | $1,947 |
| Wylie | 60,334 | $119,522 | $387,000 | $2,189 |
| Sachse | 30,491 | $131,808 | $406,200 | $1,798 |
More for people moving to Parker
Parker ZIP code ›Weather and climate ›Living in Parker: FAQ
What is the median household income in Parker, TX?
The median household income in Parker is $229,080, 192% 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 Parker?
The median home value in Parker is $859,600, compared with $283,800 in Texas.
Is Parker, TX a good place to live?
Pluses: median household income 192% higher than the Texas median; unemployment of 2.5%; a poverty rate of 5.4%. Minuses: home values 203% higher than the state median; an average commute of 27 minutes.
What is the median age in Parker?
The median age in Parker is 44.1 years (Texas: 35.6).
How long is the commute in Parker?
The average commute to work in Parker is 27 minutes; 36.5% of workers work from home.
What is the unemployment rate in Parker?
The unemployment rate in Parker is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Parker?
63.3% of adults in Parker 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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