What percentage of people rent in Honey Grove, TX?

37.8% (±11.8 points) of the occupied homes in Honey Grove, TX are rented (2020–2024 American Community Survey).

That is 279 renting households against 459 that own their home.

In Honey Grove, the share of households that rent went from 33.0% in 2015–2019 to 37.8% in 2020–2024 (+4.8 percentage points), not a measurable change.

Figures last updated on .

Households that rent
37.8% (±11.8 points)
Renting households
279 (±107)
Median renter income
$23,425 (±$8,992)

Who rents and who owns in Honey Grove

Tenure, estimate (90% margin of error)
Honey GroveFannin CountyTexasUnited States
Renter-occupied share37.8% (±11.8 points)21.3% (±2.5 points)37.4% (±0.2 points)34.8%
Renting households279 (±107)2,716 (±325)4,113,561 (±20,050)45,017,354
Owning households459 (±117)10,051 (±403)6,879,255 (±32,101)84,210,142
Average renter household size2.0 (±0.5)2.6 (±0.2)2.4 (±0.0)2.3
Average owner household size2.8 (±0.4)2.7 (±0.1)2.9 (±0.0)2.6
Median renter household income$23,425 (±$8,992)$45,292 (±$5,677)$53,222 (±$285)$52,966
Median owner household income$83,015 (±$32,723)$78,675 (±$5,180)$100,555 (±$369)$100,009

In Honey Grove, the renter share is higher than in Fannin County (21.3%).

It is not measurably different from Texas (37.4%).

It is not measurably different from the national figure (34.8%).

In Fannin County, Honey Grove ranks 4 of 11 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 328 of 1,421.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Honey Grove has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent33.0% (±6.8 points)37.8% (±11.8 points)+4.8 percentage pointsNot a measurable change
Median gross rent$683 (±$230)$581 (±$169)−14.9%No measurable change after inflation
Median household income$42,500 (±$7,176)$46,713 (±$6,312)+9.9%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 Honey Grove

Nearest places with a published estimate, compared with Honey Grove
PlaceDistanceHouseholds that rentCompared with this place
Honey Grove—37.8% (±11.8 points)—
Windom5.4 mi9.5% (±13.0 points)Lower
Dodd City9.6 mi50.3% (±20.6 points)Not measurably different
Pecan Gap11 mi5.0% (±7.2 points)Lower
Roxton11 mi31.2% (±20.4 points)Not measurably different
Ladonia11 mi30.3% (±21.0 points)Not measurably different
Toco16 mi42.9% (±34.5 points)Not measurably different
Bonham16 mi36.4% (±8.5 points)Not measurably different
Wolfe City18 mi27.2% (±9.5 points)Not measurably different

Nearby places with a measurably lower figure: Windom, TX (9.5%), Pecan Gap, TX (5.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Fannin County, place by place

RankPlaceHouseholds that rent
1Dodd City50.3% (±20.6 points)
2Bailey41.8% (±23.3 points)
3Ector38.5% (±11.7 points)
4Honey Grove37.8% (±11.8 points)
5Bonham36.4% (±8.5 points)
6Leonard34.0% (±7.8 points)
7Savoy32.9% (±11.8 points)
8Ladonia30.3% (±21.0 points)
9Trenton20.1% (±9.4 points)
10Windom9.5% (±13.0 points)

Showing 10 of 11 places in Fannin County, ranked from highest to lowest.

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 Honey Grove

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Questions about Honey Grove

How many renters are there in Honey Grove?

Honey Grove has an estimated 279 (±107) renting households, 37.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Honey Grove?

In Honey Grove, the share of households that rent went from 33.0% in 2015–2019 to 37.8% in 2020–2024 (+4.8 percentage points), not a measurable change.

How big are renting households in Honey Grove?

A renting household in Honey Grove has 2.0 people on average, against 2.8 in an owned home.

How much do renters earn in Honey Grove?

The median renting household in Honey Grove, TX has an income of $23,425 (±$8,992) a year, against $83,015 for households that own their home.

Sources

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 Honey Grove city, Texas (place:34700, 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.

Request a Census API 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 .

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