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

Tenure, estimate (90% margin of error)
Providence VillageDenton CountyTexasUnited States
Renter-occupied share22.5% (±8.4 points)34.5% (±0.5 points)37.4% (±0.2 points)34.8%
Renting households630 (±236)124,469 (±2,018)4,113,561 (±20,050)45,017,354
Owning households2,171 (±301)235,923 (±2,138)6,879,255 (±32,101)84,210,142
Average renter household size3.5 (±0.3)2.3 (±0.0)2.4 (±0.0)2.3
Average owner household size3.0 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent27.6% (±8.7 points)22.5% (±8.4 points)−5.1 percentage pointsNot 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

Nearest places with a published estimate, compared with Providence Village
PlaceDistanceHouseholds that rentCompared with this place
Providence Village—22.5% (±8.4 points)—
Paloma Creek1.4 mi29.9% (±15.4 points)Not measurably different
Paloma Creek South2.4 mi26.4% (±9.0 points)Not measurably different
Cross Roads2.6 mi13.6% (±7.8 points)Not measurably different
Savannah2.9 mi28.0% (±11.1 points)Not measurably different
Krugerville3.3 mi2.5% (±2.3 points)Lower
Little Elm3.8 mi29.9% (±3.3 points)Not measurably different
Oak Point5.0 mi10.5% (±9.6 points)Not measurably different
Aubrey5.1 mi24.0% (±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

RankPlaceHouseholds that rent
11Paloma Creek South26.4% (±9.0 points)
12Sanger26.3% (±6.0 points)
13Pilot Point25.1% (±9.9 points)
14Krum24.2% (±7.8 points)
15Aubrey24.0% (±7.5 points)
16Corinth23.3% (±4.0 points)
17Providence Village22.5% (±8.4 points)
18Hickory Creek20.3% (±13.3 points)
19Hackberry18.9% (±9.3 points)
20Flower Mound17.5% (±1.4 points)
21Justin16.3% (±7.4 points)
22Cross Roads13.6% (±7.8 points)
23Ponder12.5% (±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

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.

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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