Is Hico, TX growing?
Hico, TX had an estimated 1,771 (±287) residents in 2020–2024, against 1,582 in 2015–2019.
That is a change of +11.9%, not a measurable change.
Its housing went from 766 to 741 homes (−3.3%), not a measurable change.
0.7% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 1,771 (±287)
- Amount of change
- +11.9%
- Homes change
- −3.3%
- Built 2020 or later
- 0.7%
Residents and homes in Hico, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,582 (±286) | 1,771 (±287) | +11.9% | Not a measurable change |
| Housing units | 766 (±102) | 741 (±133) | −3.3% | Not a measurable change |
| Households that rent | 25.5% (±7.7 points) | 23.1% (±11.5 points) | −2.4 percentage points | Not a measurable change |
| Median gross rent | $681 (±$40) | $767 (±$616) | +12.6% | No measurable change after inflation |
| Median home value | $80,300 (±$12,777) | $176,700 (±$75,419) | +120.0% | 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.
Growth in Hico against Hamilton County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Hico | +11.9% | Not a measurable change | −3.3% |
| Hamilton County | +0.9% | Measurable increase | −3.7% |
| Texas | +6.8% | Measurable increase | +10.9% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Hico
| Year built | Hico | Hamilton County | Texas | United States |
|---|---|---|---|---|
| 2020 or later | 0.7% (±1.0 points) | 1.1% | 4.0% | 2.0% |
| 2010 to 2019 | 16.6% (±6.7 points) | 8.3% | 17.4% | 9.4% |
| 2000 to 2009 | 2.2% (±2.2 points) | 8.5% | 17.9% | 13.6% |
17.3% of the homes in Hico were built in 2010 or later.
The median age of residents is 35.6 years.
Growth in places near Hico
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Hico | — | 1,771 | +11.9% | Not a measurable change |
| Iredell | 9.2 mi | 294 | −15.5% | Not a measurable change |
| Walnut Springs | 17 mi | 787 | −5.0% | Not a measurable change |
| Cranfills Gap | 19 mi | 305 | −10.3% | Not a measurable change |
| Stephenville | 19 mi | 21,682 | +5.2% | Measurable increase |
| Dublin | 20 mi | 3,419 | −3.8% | Measurable decrease |
| Hamilton | 20 mi | 2,934 | −1.5% | Measurable decrease |
| Meridian | 23 mi | 1,638 | +7.2% | Not a measurable change |
| Gustine | 24 mi | 449 | −10.9% | Not a measurable change |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Hico
Is Hico growing?
Hico, TX had an estimated 1,771 residents in 2020–2024 and 1,582 in 2015–2019, a change of +11.9%: not a measurable change by the Census Bureau’s test.
How many homes have been added in Hico?
The estimated number of housing units went from 766 in 2015–2019 to 741 in 2020–2024 (−3.3%), not a measurable change.
How much new construction is there in Hico?
0.7% of homes in Hico were built in 2020 or later and 16.6% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Hico city, Texas
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hico city, Texas
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Hico city, Texas
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Hico city, Texas
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hico city, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hico city, Texas
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Hico 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) for Hico city, Texas (place:33548, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
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 Hico at a glance
- Income and affordability in Hico
- Home values in Hico
- Homeowner costs in Hico
- Property taxes in Hico
- Types of homes in Hico
- Bedrooms in Hico
- Age of homes in Hico
- Heating fuel in Hico
- Commute and cars in Hico
- Crime reported to police in Hico
- Texas landlord and tenant rules
- Housing across Hamilton County
- Housing data for every place in Texas