Living in Southmayd, Texas
Cost of living, income, home prices, rent and demographics of Southmayd · Census data 2020–2024
Southmayd has 1,413 residents with a median age of 31.9. The median household income is $86,250 (10% higher than the Texas median), the median home value is $164,000, the median rent is $1,715/month.
Southmayd is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Southmayd at a glance
- Population
- 1,413
- Median age
- 31.9State: 35.6
- Median household income
- $86,250State: $78,476
- Median home value
- $164,000State: $283,800
- Median rent
- $1,715/moState: $1,403
- Homeowners
- 90.6%
- Bachelor's degree or higher
- 6.4%
- Average commute
- 28 min
Is Southmayd a good place to live?
Pros: Median household income 10% higher than the Texas median; home values 42% lower than the state median; unemployment of 0.3%.
Cons: An average commute of 28 minutes; a poverty rate of 16.8%.
The weather is best in April–May and September–October.
Cost of living in Southmayd
Housing is the biggest part of the cost of living. In Southmayd the median home value is $164,000, 51% lower than the U.S. median. Renters pay a median of $1,715 per month, which is 33.3% of household income. Homeowners with a mortgage pay $1,925 a month in housing costs.
Southmayd median household income
The median household income in Southmayd is $86,250 and the income per person is $31,560. 16.8% of residents live below the poverty line (Texas: 13.8%).
Housing in Southmayd: homes for sale and rent
- Housing units
- 540
- Owner-occupied
- 90.6%
- Renter-occupied
- 9.4%
- Vacant
- 13.3%Includes seasonal homes
- Median year built
- 1998
- Average household size
- 3.02
Southmayd demographics
- Population
- 1,413
- Median age
- 31.9
- Under 18
- 27.5%
- 65 and older
- 9%
- Households
- 468
- Foreign-born
- 14.6%
- Veterans
- 3.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Southmayd ›
Education in Southmayd
6.4% of adults 25 and older in Southmayd have a bachelor's degree or higher (Texas: 33.8%), and 0.9% have a graduate or professional degree.
Jobs and commute in Southmayd
- Unemployment rate
- 0.3%State: 5.3%
- Average commute
- 28 minState: 27 min
- Work from home
- 2%
- Drive alone
- 69.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 64.5%
Southmayd vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Southmayd | 1,413 | $86,250 | $164,000 | $1,715 |
| Sherman | 46,397 | $58,859 | $243,500 | $1,324 |
| Knollwood | 701 | $55,819 | — | $1,316 |
| Sadler | 230 | $48,750 | — | $1,055 |
| Howe | 3,689 | $51,108 | $201,300 | $1,217 |
| Pottsboro | 2,691 | $69,439 | $280,000 | $1,283 |
| Whitesboro | 4,173 | $70,134 | $249,800 | $1,305 |
| Collinsville | 2,060 | $60,417 | $241,700 | $1,127 |
| Denison | 25,778 | $67,365 | $180,900 | $1,309 |
More for people moving to Southmayd
Southmayd ZIP code ›Weather and climate ›Living in Southmayd: FAQ
What is the median household income in Southmayd, TX?
The median household income in Southmayd is $86,250, 10% 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 Southmayd?
The median home value in Southmayd is $164,000, compared with $283,800 in Texas.
How much is rent in Southmayd?
The median gross rent in Southmayd is $1,715 per month, about 33.3% of household income.
Is Southmayd, TX a good place to live?
Pluses: median household income 10% higher than the Texas median; home values 42% lower than the state median; unemployment of 0.3%. Minuses: an average commute of 28 minutes; a poverty rate of 16.8%.
What is the median age in Southmayd?
The median age in Southmayd is 31.9 years (Texas: 35.6).
How long is the commute in Southmayd?
The average commute to work in Southmayd is 28 minutes; 2% of workers work from home.
What is the unemployment rate in Southmayd?
The unemployment rate in Southmayd is 0.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Southmayd?
6.4% of adults in Southmayd 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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