Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 31.2 yrs |
|---|---|
| Avg HH Size | 3.07 |
| Below Poverty | 15.9% ▲ 59% above avg |
| College Grads | 18.2% ▼ 53% below avg |
| Unemployment | 3.3% ▼ 33% below avg |
| No HS Diploma | 438 (5.3%) |
| HS Graduate | 3,598 (43.6%) |
| Some College | 1,581 (19.2%) |
| Associates | 1,125 (13.6%) |
| Bachelors | 362 (4.4%) |
| Graduate Degree | 1,142 (13.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $54,207 ▼ 29% below avg |
|---|---|
| Median Home Value | $111,800 ▼ 60% below avg |
| Home/Income Ratio | 2.1x (nat avg ~3.5x) |
| Median Rent | $921/mo |
| Total Housing Units | 7,026 |
| Vacant Units | 1,080 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Hereford is a city in Texas, located in Deaf Smith County. The city spans 1 ZIP code and is home to approximately 18,441 residents. It is a relatively young city, with a median age of 31.2 years.
Economically, Hereford is a working-class community. The median household income of $54,207 is below the national average. Approximately 15.9% of residents live below the poverty line. The unemployment rate is 3.3%, below the national average.
The real estate market in Hereford is one of the more affordable housing markets in the country. Median home values stand at $111,800, which is well below the national average. Renters typically pay around $921 per month. Homeownership is high at 65.9%, typical of suburban and family-oriented communities.
The population of Hereford is less-educated. 18.2% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily Hispanic (76.88%).
Hereford, TX offers residents a cost-conscious lifestyle within Texas.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 79045 | 18,441 | $54,207 | $111,800 | $921 | 3.3% | 18.2% | 65.9% |