Living in Salado, Texas

Cost of living, income, home prices, rent and demographics of Salado · Census data 2020–2024

Salado has 2,225 residents with a median age of 49.8. The median household income is $107,679 (37% higher than the Texas median), the median home value is $445,900, the median rent is $1,073/month.

Salado at a glance

Population
2,225
Median age
49.8State: 35.6
Median household income
$107,679State: $78,476
Median home value
$445,900State: $283,800
Median rent
$1,073/moState: $1,403
Homeowners
87.4%
Bachelor's degree or higher
60.2%
Average commute
25 min

Is Salado a good place to live?

Pros: Median household income 37% higher than the Texas median; an average commute of 25 minutes; unemployment of 2%; a poverty rate of 4.3%.

Cons: Home values 57% higher than the state median.

The weather is best in March–April and October–November.

Cost of living in Salado

Housing is the biggest part of the cost of living. In Salado the median home value is $445,900, 34% higher than the U.S. median. Renters pay a median of $1,073 per month, which is 51% of household income. Homeowners with a mortgage pay $2,653 a month in housing costs.

Median home value

Salado$445,900
Texas$283,800
United States$332,700

Median monthly rent

Salado$1,073
Texas$1,403
United States$1,413

Salado median household income

The median household income in Salado is $107,679 and the income per person is $72,157. 4.3% of residents live below the poverty line (Texas: 13.8%).

Median household income

Salado$107,679
Texas$78,476
United States$80,734

Housing in Salado: homes for sale and rent

Housing units
1,061
Owner-occupied
87.4%
Renter-occupied
12.6%
Vacant
13.3%Includes seasonal homes
Median year built
1992
Average household size
2.42

Salado demographics

Population
2,225
Median age
49.8
Under 18
22.2%
65 and older
29.8%
Households
920
Foreign-born
2.2%
Veterans
12.1%Adults 18+

Race and ethnicity

White84%
Hispanic or Latino14%
Black0.2%
Asian0.8%

Hispanic or Latino can be of any race. Population history of Salado ›

Education in Salado

60.2% of adults 25 and older in Salado have a bachelor's degree or higher (Texas: 33.8%), and 25.3% have a graduate or professional degree.

Bachelor's degree or higher

Salado60.2%
Texas33.8%
United States35.7%

Jobs and commute in Salado

Unemployment rate
2%State: 5.3%
Average commute
25 minState: 27 min
Work from home
23.1%
Drive alone
66.1%
Public transit
0%
Walk to work
0.6%
Homes with broadband
98.3%

Salado vs nearby towns

TownPopulationMedian incomeHome valueRent
Salado2,225$107,679$445,900$1,073
Belton24,356$59,130$258,700$1,252
Holland1,299$62,500$175,500—
Nolanville6,690$72,480$244,900$1,174
Harker Heights34,128$81,190$287,800$1,146
Sonterra10,563$92,319$273,600$1,854
Jarrell3,295$111,333$346,300$1,868
Little River-Academy2,233$75,563$183,300$1,463
Bartlett1,941$67,438$218,900$756

More for people moving to Salado

Salado ZIP code ›Weather and climate ›

Living in Salado: FAQ

What is the median household income in Salado, TX?

The median household income in Salado is $107,679, 37% 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 Salado?

The median home value in Salado is $445,900, compared with $283,800 in Texas.

How much is rent in Salado?

The median gross rent in Salado is $1,073 per month, about 51% of household income.

Is Salado, TX a good place to live?

Pluses: median household income 37% higher than the Texas median; an average commute of 25 minutes; unemployment of 2%; a poverty rate of 4.3%. Minuses: home values 57% higher than the state median.

What is the median age in Salado?

The median age in Salado is 49.8 years (Texas: 35.6).

How long is the commute in Salado?

The average commute to work in Salado is 25 minutes; 23.1% of workers work from home.

What is the unemployment rate in Salado?

The unemployment rate in Salado is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Salado?

60.2% of adults in Salado 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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