Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.8 yrs |
|---|---|
| Avg HH Size | 2.52 |
| Below Poverty | 15.7% ▲ 57% above avg |
| College Grads | 34.2% ▼ 12% below avg |
| Unemployment | 5.1% ≈ Avg |
| No HS Diploma | 23 (1%) |
| HS Graduate | 832 (37.4%) |
| Some College | 354 (15.9%) |
| Associates | 257 (11.5%) |
| Bachelors | 176 (7.9%) |
| Graduate Degree | 585 (26.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $57,543 ▼ 25% below avg |
|---|---|
| Median Home Value | $199,000 ▼ 29% below avg |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Median Rent | $712/mo |
| Total Housing Units | 1,685 |
| Vacant Units | 258 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Honey Grove is a city in Texas, located in Fannin County. The city spans 1 ZIP code and is home to approximately 3,653 residents. It is a middle-aged city, with a median age of 40.8 years.
Economically, Honey Grove is a solidly middle-class community. The median household income of $57,543 is below the national average. Approximately 15.7% of residents live below the poverty line. The unemployment rate is 5.1%, near the national average.
The real estate market in Honey Grove is an affordable housing market. Median home values stand at $199,000, which is below the national average. Renters typically pay around $712 per month. Homeownership is high at 77.0%, typical of suburban and family-oriented communities.
The population of Honey Grove is moderately educated. 34.2% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (73.8%).
Honey Grove, TX offers residents a cost-conscious lifestyle within Texas.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 75446 | 3,653 | $57,543 | $199,000 | $712 | 5.1% | 34.2% | 77.0% |