Housing data for Providence Village, TX
Providence Village, TX has an estimated 8,721 residents and 2,859 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a town in Denton County.
22.5% of households rent.
The median gross rent is $2,413 a month.
Its population grew measurably since 2015–2019 (+22.1%).
Figures last updated on .
- Residents
- 8,721 (±23)
- Housing units
- 2,859 (±194)
- Households that rent
- 22.5%
- Median gross rent
- $2,413
- Residents since 2015–2019
- +22.1%
What stands out in Providence Village
Homes built before 1980: 0.0% (±3.8 points) in Providence Village, lower than in Denton County (12.2%).
Homes in buildings of 5 or more units: 0.0% (±2.9 points) in Providence Village, lower than in Denton County (22.1%).
Median gross rent: $2,413 (±$111) in Providence Village, higher than in Denton County ($1,728).
Average commute: 43.4 minutes (±3.8) in Providence Village, higher than in Denton County (28.1 minutes).
- Types of homes in Providence Village
- Median rent in Providence Village
- Commute and cars in Providence Village
Housing in Providence Village at a glance
- Median rent: $2,413 median gross rent a month
- Rent burden: 64.7% of renters pay 30% or more of income
- Renters and owners: 22.5% of households rent
- Income and affordability: $110,430 median household income
- Home values: $351,000 median home value
- Homeowner costs: $2,281 median monthly cost with a mortgage
- Property taxes: $6,089 median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 94.6% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 0.0% of homes were built before 1980 (Small sample: wide margin of error)
- Vacancy rate: 8.4% rental vacancy rate
- Heating fuel: 74.6% heat with electricity
- Commute and cars: 43.4 minutes average trip to work
- Growth: +22.1% residents since 2015–2019
- How long people stay: 35.5% moved in since 2020
- Crowding and facilities: 0.8% of homes have more than 1 person per room (Small sample: wide margin of error)
Providence Village against Denton County, its state and the nation
| Providence Village | Denton County | Texas | United States | |
|---|---|---|---|---|
| Residents | 8,721 (±23) | 979,561 (exact) | 30,188,424 (exact) | 334,922,499 |
| Housing units | 2,859 (±194) | 376,754 (±266) | 12,128,515 (±1,574) | 143,775,355 |
| Households that rent | 22.5% (±8.4 points) | 34.5% (±0.5 points) | 37.4% (±0.2 points) | 34.8% |
| Median gross rent | $2,413 (±$111) | $1,728 (±$18) | $1,403 (±$4) | $1,413 |
| Median household income | $110,430 (±$13,011) | $111,498 (±$1,485) | $78,476 (±$263) | $80,734 |
| Median home value | $351,000 (±$15,042) | $437,200 (±$3,514) | $283,800 (±$738) | $332,700 |
| Median real estate taxes (a year) | $6,089 (±$310) | $7,055 (±$74) | $4,232 (±$19) | $3,119 |
| Built before 1980 | 0.0% (±3.8 points) | 12.2% (±0.5 points) | 33.2% (±0.2 points) | 49.7% |
| Average commute | 43.4 minutes (±3.8) | 28.1 minutes (±0.4) | 26.7 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 100.0% (±1.8 points) | 95.7% (±0.3 points) | 91.4% (±0.1 points) | 91.0% |
| Median age of residents | 32.9 years (±2.7) | 37.0 years (±0.1) | 35.6 years (±0.1) | 38.9 years |
Providence Village covers 2.8 square miles of land, about 3,154 residents per square mile (Census Bureau Gazetteer).
How Providence Village has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 7,141 (±25) | 8,721 (±23) | +22.1% | Measurable increase |
| Housing units | 2,123 (±150) | 2,859 (±194) | +34.7% | Measurable increase |
| Median gross rent | $1,727 (±$115) | $2,413 (±$111) | +39.7% | Up after inflation |
| Median home value | $213,700 (±$8,433) | $351,000 (±$15,042) | +64.2% | Up after inflation |
| Median household income | $95,539 (±$4,677) | $110,430 (±$13,011) | +15.6% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,726 (±$89) | $2,281 (±$103) | +32.2% | Up after inflation |
| Median real estate taxes | $4,567 (±$325) | $6,089 (±$310) | +33.3% | No measurable change after inflation |
| Households that rent | 27.6% (±8.7 points) | 22.5% (±8.4 points) | −5.1 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±7.0 points) | 8.4% (±7.8 points) | +8.4 percentage points | Not a measurable change |
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.
Places near Providence Village
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Paloma Creek | 1.4 mi | $2,576 | $346,800 | 29.9% |
| Paloma Creek South | 2.4 mi | $2,664 | $364,900 | 26.4% |
| Cross Roads | 2.6 mi | $1,750 | $632,300 | 13.6% |
| Savannah | 2.9 mi | $2,000 | $400,000 | 28.0% |
| Krugerville | 3.3 mi | — | $426,000 | 2.5% |
| Little Elm | 3.8 mi | $1,953 | $420,700 | 29.9% |
| Oak Point | 5.0 mi | $2,227 | $395,900 | 10.5% |
| Aubrey | 5.1 mi | $1,882 | $345,000 | 24.0% |
Places in Texas most like Providence Village
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Paloma Creek South | $2,664 | $364,900 | $121,747 | 26.4% |
| Justin | $2,000 | $406,800 | $114,157 | 16.3% |
| Travis Ranch | $2,252 | $345,400 | $83,801 | 12.6% |
| Savannah | $2,000 | $400,000 | $142,868 | 28.0% |
| Heartland | $2,333 | $322,000 | $92,996 | 7.7% |
| Canyon Creek | $2,036 | $262,700 | $92,109 | 13.2% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Texas.
HUD Fair Market Rent for Providence Village, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,491 | $1,536 | $1,807 | $2,275 | $2,892 |
HUD income limits for Providence Village, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $25,450 | $42,400 | $67,850 |
| 2 people | $29,100 | $48,450 | $77,550 |
| 3 people | $32,750 | $54,500 | $87,250 |
| 4 people | $36,350 | $60,550 | $96,900 |
| 5 people | $39,300 | $65,400 | $104,700 |
| 6 people | $44,360 | $70,250 | $112,450 |
| 7 people | $50,040 | $75,100 | $120,200 |
| 8 people | $55,720 | $79,950 | $127,950 |
These are the limits HUD sets for its housing programs in the Dallas, TX HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $121,100.
A program can use its own limits; tax-credit and local programs often do.
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 Providence Village
What is the average rent in Providence Village, TX?
The Census Bureau publishes the median rather than the average: the median gross rent in Providence Village is $2,413 (±$111) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
Are renters in Providence Village rent-burdened?
64.7% of renting households in Providence Village pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Providence Village?
Providence Village has an estimated 630 (±236) renting households, 22.5% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Providence Village?
The median household income in Providence Village is $110,430 (±$13,011) a year (2020–2024 American Community Survey).
What is the average home value in Providence Village, TX?
The Census Bureau publishes the median: $351,000 (±$15,042) for owner-occupied homes in Providence Village (2020–2024 American Community Survey).
What is the average mortgage payment in Providence Village?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Providence Village, TX is $2,281 (±$103) a month, including taxes, insurance and utilities.
Is Providence Village growing?
In Providence Village, the number of residents went from 7,141 in 2015–2019 to 8,721 in 2020–2024 (+22.1%), a measurable increase.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Providence Village town, Texas
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Providence Village town, Texas
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Providence Village town, Texas
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Providence Village town, Texas
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Providence Village town, Texas
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Providence Village town, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Providence Village town, Texas
- HUD Fair Market Rents, fiscal year 2027: Dallas, TX HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Dallas, TX HUD Metro FMR Area
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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 Providence Village town, Texas (place:59748, 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, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .