What percentage of people rent in Providence Village, TX?
22.5% (±8.4 points) of the occupied homes in Providence Village, TX are rented (2020–2024 American Community Survey).
That is 630 renting households against 2,171 that own their home.
In Providence Village, the share of households that rent went from 27.6% in 2015–2019 to 22.5% in 2020–2024 (−5.1 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 22.5% (±8.4 points)
- Renting households
- 630 (±236)
- Median renter income
- $91,292 (±$2,567)
Who rents and who owns in Providence Village
| Providence Village | Denton County | Texas | United States | |
|---|---|---|---|---|
| Renter-occupied share | 22.5% (±8.4 points) | 34.5% (±0.5 points) | 37.4% (±0.2 points) | 34.8% |
| Renting households | 630 (±236) | 124,469 (±2,018) | 4,113,561 (±20,050) | 45,017,354 |
| Owning households | 2,171 (±301) | 235,923 (±2,138) | 6,879,255 (±32,101) | 84,210,142 |
| Average renter household size | 3.5 (±0.3) | 2.3 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 3.0 (±0.3) | 2.9 (±0.0) | 2.9 (±0.0) | 2.6 |
| Median renter household income | $91,292 (±$2,567) | $67,585 (±$1,879) | $53,222 (±$285) | $52,966 |
| Median owner household income | $120,142 (±$15,939) | $144,599 (±$2,056) | $100,555 (±$369) | $100,009 |
In Providence Village, the renter share is lower than in Denton County (34.5%).
It is also lower than in Texas (37.4%).
It is lower than the national figure (34.8%).
In Denton County, Providence Village ranks 17 of 37 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 841 of 1,421.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Providence Village has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 27.6% (±8.7 points) | 22.5% (±8.4 points) | −5.1 percentage points | Not a measurable change |
| Median gross rent | $1,727 (±$115) | $2,413 (±$111) | +39.7% | Up after inflation |
| Median household income | $95,539 (±$4,677) | $110,430 (±$13,011) | +15.6% | 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 Providence Village
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Providence Village | — | 22.5% (±8.4 points) | — |
| Paloma Creek | 1.4 mi | 29.9% (±15.4 points) | Not measurably different |
| Paloma Creek South | 2.4 mi | 26.4% (±9.0 points) | Not measurably different |
| Cross Roads | 2.6 mi | 13.6% (±7.8 points) | Not measurably different |
| Savannah | 2.9 mi | 28.0% (±11.1 points) | Not measurably different |
| Krugerville | 3.3 mi | 2.5% (±2.3 points) | Lower |
| Little Elm | 3.8 mi | 29.9% (±3.3 points) | Not measurably different |
| Oak Point | 5.0 mi | 10.5% (±9.6 points) | Not measurably different |
| Aubrey | 5.1 mi | 24.0% (±7.5 points) | Not measurably different |
Nearby places with a measurably lower figure: Krugerville, TX (2.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Denton County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 11 | Paloma Creek South | 26.4% (±9.0 points) |
| 12 | Sanger | 26.3% (±6.0 points) |
| 13 | Pilot Point | 25.1% (±9.9 points) |
| 14 | Krum | 24.2% (±7.8 points) |
| 15 | Aubrey | 24.0% (±7.5 points) |
| 16 | Corinth | 23.3% (±4.0 points) |
| 17 | Providence Village | 22.5% (±8.4 points) |
| 18 | Hickory Creek | 20.3% (±13.3 points) |
| 19 | Hackberry | 18.9% (±9.3 points) |
| 20 | Flower Mound | 17.5% (±1.4 points) |
| 21 | Justin | 16.3% (±7.4 points) |
| 22 | Cross Roads | 13.6% (±7.8 points) |
| 23 | Ponder | 12.5% (±5.6 points) |
Showing 13 of 37 places in Denton 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 Providence Village
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Questions about Providence Village
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).
Is renting growing in Providence Village?
In Providence Village, the share of households that rent went from 27.6% in 2015–2019 to 22.5% in 2020–2024 (−5.1 percentage points), not a measurable change.
How big are renting households in Providence Village?
A renting household in Providence Village has 3.5 people on average, against 3.0 in an owned home.
How much do renters earn in Providence Village?
The median renting household in Providence Village, TX has an income of $91,292 (±$2,567) a year, against $120,142 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Providence Village town, Texas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Providence Village town, Texas
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Providence Village town, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Providence Village town, Texas
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Providence Village town, 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 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 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 Providence Village at a glance
- Median rent in Providence Village
- Rent burden in Providence Village
- Income and affordability in Providence Village
- Home values in Providence Village
- Homeowner costs in Providence Village
- Property taxes in Providence Village
- Types of homes in Providence Village
- Vacancy rate in Providence Village
- Heating fuel in Providence Village
- Commute and cars in Providence Village
- Population growth in Providence Village
- How long people stay in Providence Village
- Texas landlord and tenant rules
- Housing across Denton County
- Texas places ranked by share of renters
- Housing data for every place in Texas