What is the median household income in Terrell, TX?
The median household income in Terrell, TX is $65,842 (±$6,108) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,232 a month would take about $49,300 a year at the common guideline of spending no more than 30% of income on rent.
In Terrell, the median household income went from $47,636 in 2015–2019 to $65,842 in 2020–2024 (+38.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $65,842 (±$6,108)
- Median renter income
- $44,211 (±$5,647)
- Income to afford median rent
- about $49,300
Income in Terrell against Kaufman County, its state and the nation
| Terrell | Kaufman County | Texas | United States | |
|---|---|---|---|---|
| Median household income | $65,842 (±$6,108) | $89,485 (±$5,546) | $78,476 (±$263) | $80,734 |
| Median renter household income | $44,211 (±$5,647) | $55,083 (±$4,576) | $53,222 (±$285) | $52,966 |
| Median owner household income | $79,358 (±$9,296) | $102,566 (±$3,575) | $100,555 (±$369) | $100,009 |
| Median gross rent | $1,232 (±$81) | $1,554 (±$97) | $1,403 (±$4) | $1,413 |
In Terrell, median household income is lower than in Kaufman County ($89,485).
It is also lower than in Texas ($78,476).
It is lower than the national figure ($80,734).
In Kaufman County, Terrell ranks 15 of 18 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 686 of 1,374.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Terrell
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,232 a month ($14,784 a year) needs an income of about $49,300 a year.
The median renting household in Terrell earns $44,211 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $47,636 (±$4,676) | $65,842 (±$6,108) | +38.2% | No measurable change after inflation |
| Median gross rent | $987 (±$49) | $1,232 (±$81) | +24.8% | No measurable change after inflation |
| Median home value | $118,600 (±$10,364) | $218,500 (±$23,722) | +84.2% | 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.
Median household income in places near Terrell
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Terrell | — | $65,842 (±$6,108) | — |
| Talty | 6.4 mi | $154,732 (±$22,363) | Higher |
| Post Oak Bend | 6.5 mi | $121,094 (±$17,888) | Higher |
| Oak Ridge (Kaufman County) | 7.1 mi | $97,188 (±$38,808) | Not measurably different |
| Poetry | 8.2 mi | $95,357 (±$26,445) | Higher |
| Forney | 9.1 mi | $104,112 (±$7,766) | Higher |
| Heartland | 9.9 mi | $92,996 (±$8,305) | Higher |
| McLendon-Chisholm | 10.0 mi | $204,773 (±$33,201) | Higher |
| Crandall | 10 mi | $88,997 (±$17,546) | Higher |
Nearby places with a measurably higher figure: Talty, TX ($154,732), Post Oak Bend, TX ($121,094), Poetry, TX ($95,357).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Kaufman County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 9 | Poetry | $95,357 (±$26,445) |
| 10 | Combine | $94,756 (±$16,249) |
| 11 | Heartland | $92,996 (±$8,305) |
| 12 | Crandall | $88,997 (±$17,546) |
| 13 | Scurry | $84,732 (±$20,230) |
| 14 | Travis Ranch | $83,801 (±$16,401) |
| 15 | Terrell | $65,842 (±$6,108) |
| 16 | Kaufman | $62,931 (±$19,615) |
| 17 | Kemp | $55,833 (±$21,245) |
| 18 | Mabank | $54,889 (±$9,178) |
Showing 10 of 18 places in Kaufman 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 Terrell
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Terrell beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Terrell, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Terrell, and send estimates and invoices from your phone.
Questions about Terrell
What is the median household income in Terrell?
The median household income in Terrell is $65,842 (±$6,108) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Terrell?
About $49,300 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,232 a month.
Have incomes in Terrell kept up with inflation?
In Terrell, the median household income went from $47,636 in 2015–2019 to $65,842 in 2020–2024 (+38.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Terrell?
The median renting household in Terrell, TX earns $44,211 (±$5,647) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Terrell city, Texas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Terrell city, Texas
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Terrell city, Texas
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Terrell city, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Terrell city, Texas
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Terrell 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) and detailed tables (acs/acs5) for Terrell city, Texas (place:72284, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 Terrell at a glance
- Median rent in Terrell
- Rent by bedrooms in Terrell
- Rent burden in Terrell
- Renters and owners in Terrell
- Home values in Terrell
- Homeowner costs in Terrell
- Property taxes in Terrell
- Types of homes in Terrell
- Bedrooms in Terrell
- Age of homes in Terrell
- Vacancy rate in Terrell
- Heating fuel in Terrell
- Commute and cars in Terrell
- Crime reported to police in Terrell
- Population growth in Terrell
- How long people stay in Terrell
- Crowding and facilities in Terrell
- Texas landlord and tenant rules
- Housing across Kaufman County
- Texas places ranked by median household income
- Housing data for every place in Texas