What percentage of people rent in Floydada, TX?
31.5% (±9.7 points) of the occupied homes in Floydada, TX are rented (2020–2024 American Community Survey).
That is 291 renting households against 633 that own their home.
In Floydada, the share of households that rent went from 21.3% in 2015–2019 to 31.5% in 2020–2024 (+10.2 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 31.5% (±9.7 points)
- Renting households
- 291 (±97)
- Median renter income
- $41,128 (±$18,940)
Who rents and who owns in Floydada
| Floydada | Floyd County | Texas | United States | |
|---|---|---|---|---|
| Renter-occupied share | 31.5% (±9.7 points) | 26.7% (±5.7 points) | 37.4% (±0.2 points) | 34.8% |
| Renting households | 291 (±97) | 522 (±118) | 4,113,561 (±20,050) | 45,017,354 |
| Owning households | 633 (±100) | 1,430 (±134) | 6,879,255 (±32,101) | 84,210,142 |
| Average renter household size | 2.7 (±0.5) | 2.6 (±0.4) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.9 (±0.3) | 2.7 (±0.2) | 2.9 (±0.0) | 2.6 |
| Median renter household income | $41,128 (±$18,940) | $41,961 (±$17,474) | $53,222 (±$285) | $52,966 |
| Median owner household income | $55,804 (±$10,704) | $61,557 (±$4,911) | $100,555 (±$369) | $100,009 |
In Floydada, the renter share is not measurably different from Floyd County (26.7%).
It is not measurably different from Texas (37.4%).
It is not measurably different from the national figure (34.8%).
Statewide, it ranks 518 of 1,421.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Floydada has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 21.3% (±6.5 points) | 31.5% (±9.7 points) | +10.2 percentage points | Not a measurable change |
| Median gross rent | $724 (±$120) | $664 (±$230) | −8.3% | No measurable change after inflation |
| Median household income | $43,137 (±$3,902) | $52,826 (±$12,735) | +22.5% | No measurable change 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 Floydada
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Floydada | — | 31.5% (±9.7 points) | — |
| Lockney | 11 mi | 19.6% (±10.5 points) | Not measurably different |
| Petersburg | 17 mi | 35.0% (±15.1 points) | Not measurably different |
| Ralls | 21 mi | 32.7% (±11.6 points) | Not measurably different |
| Crosbyton | 24 mi | 42.5% (±9.1 points) | Not measurably different |
| Lorenzo | 24 mi | 21.2% (±8.5 points) | Not measurably different |
| Seth Ward | 26 mi | 38.2% (±16.2 points) | Not measurably different |
| Plainview | 26 mi | 47.4% (±5.0 points) | Higher |
| Roaring Springs | 28 mi | 25.6% (±17.7 points) | Not measurably different |
Nearby places with a measurably higher figure: Plainview, TX (47.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
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 Floydada
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Questions about Floydada
How many renters are there in Floydada?
Floydada has an estimated 291 (±97) renting households, 31.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Floydada?
In Floydada, the share of households that rent went from 21.3% in 2015–2019 to 31.5% in 2020–2024 (+10.2 percentage points), not a measurable change.
How big are renting households in Floydada?
A renting household in Floydada has 2.7 people on average, against 2.9 in an owned home.
How much do renters earn in Floydada?
The median renting household in Floydada, TX has an income of $41,128 (±$18,940) a year, against $55,804 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Floydada city, Texas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Floydada city, Texas
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Floydada city, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Floydada city, Texas
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Floydada 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 Floydada city, Texas (place:26268, 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 Floydada at a glance
- Median rent in Floydada
- Rent by bedrooms in Floydada
- Income and affordability in Floydada
- Home values in Floydada
- Homeowner costs in Floydada
- Property taxes in Floydada
- Types of homes in Floydada
- Bedrooms in Floydada
- Age of homes in Floydada
- Heating fuel in Floydada
- Commute and cars in Floydada
- Crime reported to police in Floydada
- Population growth in Floydada
- Texas landlord and tenant rules
- Housing across Floyd County
- Texas places ranked by share of renters
- Housing data for every place in Texas