What percentage of people rent in Electra, TX?
32.0% (±8.9 points) of the occupied homes in Electra, TX are rented (2020–2024 American Community Survey).
That is 286 renting households against 608 that own their home.
In Electra, the share of households that rent went from 29.4% in 2015–2019 to 32.0% in 2020–2024 (+2.6 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 32.0% (±8.9 points)
- Renting households
- 286 (±101)
- Median renter income
- $38,333 (±$33,863)
Who rents and who owns in Electra
| Electra | Wichita County | Texas | United States | |
|---|---|---|---|---|
| Renter-occupied share | 32.0% (±8.9 points) | 38.6% (±1.7 points) | 37.4% (±0.2 points) | 34.8% |
| Renting households | 286 (±101) | 18,911 (±922) | 4,113,561 (±20,050) | 45,017,354 |
| Owning households | 608 (±119) | 30,106 (±835) | 6,879,255 (±32,101) | 84,210,142 |
| Average renter household size | 2.4 (±0.5) | 2.2 (±0.1) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.4) | 2.5 (±0.1) | 2.9 (±0.0) | 2.6 |
| Median renter household income | $38,333 (±$33,863) | $42,304 (±$2,002) | $53,222 (±$285) | $52,966 |
| Median owner household income | $95,238 (±$19,091) | $82,921 (±$3,406) | $100,555 (±$369) | $100,009 |
In Electra, the renter share is not measurably different from Wichita County (38.6%).
It is not measurably different from Texas (37.4%).
It is not measurably different from the national figure (34.8%).
In Wichita County, Electra ranks 2 of 6 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 502 of 1,421.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Electra has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 29.4% (±8.2 points) | 32.0% (±8.9 points) | +2.6 percentage points | Not a measurable change |
| Median gross rent | $345 (±$299) | $815 (±$192) | +136.2% | No measurable change after inflation |
| Median household income | $30,484 (±$7,507) | $69,167 (±$16,391) | +126.9% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Electra
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Electra | — | 32.0% (±8.9 points) | — |
| Iowa Park | 15 mi | 15.1% (±7.2 points) | Lower |
| Davidson | 17 mi | 22.1% (±14.3 points) | Not measurably different |
| Grandfield | 19 mi | 33.3% (±8.6 points) | Not measurably different |
| Pleasant Valley | 20 mi | 4.5% (±3.7 points) | Lower |
| Holliday | 20 mi | 23.5% (±9.3 points) | Not measurably different |
| Burkburnett | 20 mi | 31.0% (±4.4 points) | Not measurably different |
| Loveland | 21 mi | 42.9% (±57.1 points) | Not measurably different |
| Hollister | 22 mi | 0.0% (±100.0 points) | Not measurably different |
Nearby places with a measurably lower figure: Iowa Park, TX (15.1%), Pleasant Valley, TX (4.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Wichita County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Wichita Falls | 43.6% (±2.0 points) |
| 2 | Electra | 32.0% (±8.9 points) |
| 3 | Burkburnett | 31.0% (±4.4 points) |
| 4 | Cashion Community | 22.9% (±11.8 points) |
| 5 | Iowa Park | 15.1% (±7.2 points) |
| 6 | Pleasant Valley | 4.5% (±3.7 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Electra
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Questions about Electra
How many renters are there in Electra?
Electra has an estimated 286 (±101) renting households, 32.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Electra?
In Electra, the share of households that rent went from 29.4% in 2015–2019 to 32.0% in 2020–2024 (+2.6 percentage points), not a measurable change.
How big are renting households in Electra?
A renting household in Electra has 2.4 people on average, against 2.7 in an owned home.
How much do renters earn in Electra?
The median renting household in Electra, TX has an income of $38,333 (±$33,863) a year, against $95,238 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Electra city, Texas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Electra city, Texas
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Electra city, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Electra city, Texas
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Electra city, Texas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Electra city, Texas (place:22984, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Electra at a glance
- Median rent in Electra
- Rent by bedrooms in Electra
- Rent burden in Electra
- Income and affordability in Electra
- Home values in Electra
- Homeowner costs in Electra
- Property taxes in Electra
- Types of homes in Electra
- Bedrooms in Electra
- Age of homes in Electra
- Heating fuel in Electra
- Commute and cars in Electra
- Crime reported to police in Electra
- Population growth in Electra
- How long people stay in Electra
- Texas landlord and tenant rules
- Housing across Wichita County
- Texas places ranked by share of renters
- Housing data for every place in Texas