Living in Terrell, Texas
Cost of living, income, home prices, rent and demographics of Terrell · Census data 2020–2024
Terrell has 20,366 residents with a median age of 32.6. The median household income is $65,842 (16% lower than the Texas median), the median home value is $218,500, the median rent is $1,232/month.
Terrell at a glance
- Population
- 20,366
- Median age
- 32.6State: 35.6
- Median household income
- $65,842State: $78,476
- Median home value
- $218,500State: $283,800
- Median rent
- $1,232/moState: $1,403
- Homeowners
- 58.7%
- Bachelor's degree or higher
- 15.8%
- Average commute
- 27 min
Is Terrell a good place to live?
Pros: Home values 23% lower than the state median.
Cons: Median household income 16% lower than the Texas median; an average commute of 27 minutes; unemployment of 7.6%; a poverty rate of 15.9%.
The weather is best in March to May and October.
Cost of living in Terrell
Housing is the biggest part of the cost of living. In Terrell the median home value is $218,500, 34% lower than the U.S. median. Renters pay a median of $1,232 per month, which is 34.7% of household income. Homeowners with a mortgage pay $1,685 a month in housing costs.
Terrell median household income
The median household income in Terrell is $65,842 and the income per person is $25,723. 15.9% of residents live below the poverty line (Texas: 13.8%).
Housing in Terrell: homes for sale and rent
- Housing units
- 6,167
- Owner-occupied
- 58.7%
- Renter-occupied
- 41.3%
- Vacant
- 5%Includes seasonal homes
- Median year built
- 1984
- Average household size
- 3.38
Terrell demographics
- Population
- 20,366
- Median age
- 32.6
- Under 18
- 29.2%
- 65 and older
- 12.8%
- Households
- 5,857
- Foreign-born
- 12.1%
- Veterans
- 6.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Terrell ›
Education in Terrell
15.8% of adults 25 and older in Terrell have a bachelor's degree or higher (Texas: 33.8%), and 4.1% have a graduate or professional degree.
Jobs and commute in Terrell
- Unemployment rate
- 7.6%State: 5.3%
- Average commute
- 27 minState: 27 min
- Work from home
- 4.9%
- Drive alone
- 77%
- Public transit
- 0%
- Walk to work
- 2.1%
- Homes with broadband
- 84.5%
Terrell vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Terrell | 20,366 | $65,842 | $218,500 | $1,232 |
| Post Oak Bend | 651 | $121,094 | $391,700 | — |
| Talty | 2,881 | $154,732 | $483,300 | — |
| Oak Ridge | 1,192 | $97,188 | $335,500 | $1,304 |
| Poetry | 1,642 | $95,357 | $367,100 | $2,114 |
| Forney | 31,532 | $104,112 | $346,400 | $1,828 |
| McLendon-Chisholm | 4,511 | $204,773 | $629,400 | — |
| Heartland | 10,607 | $92,996 | $322,000 | $2,333 |
| Crandall | 4,763 | $88,997 | $303,000 | $1,333 |
More for people moving to Terrell
Terrell ZIP code ›Weather and climate ›Living in Terrell: FAQ
What is the median household income in Terrell, TX?
The median household income in Terrell is $65,842, 16% 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 Terrell?
The median home value in Terrell is $218,500, compared with $283,800 in Texas.
How much is rent in Terrell?
The median gross rent in Terrell is $1,232 per month, about 34.7% of household income.
Is Terrell, TX a good place to live?
Pluses: home values 23% lower than the state median. Minuses: median household income 16% lower than the Texas median; an average commute of 27 minutes; unemployment of 7.6%; a poverty rate of 15.9%.
What is the median age in Terrell?
The median age in Terrell is 32.6 years (Texas: 35.6).
How long is the commute in Terrell?
The average commute to work in Terrell is 27 minutes; 4.9% of workers work from home.
What is the unemployment rate in Terrell?
The unemployment rate in Terrell is 7.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Terrell?
15.8% of adults in Terrell 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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