What percentage of people rent in Wake Village, TX?
47.8% (±8.3 points) of the occupied homes in Wake Village, TX are rented (2020–2024 American Community Survey).
That is 1,089 renting households against 1,188 that own their home.
In Wake Village, the share of households that rent went from 26.8% in 2015–2019 to 47.8% in 2020–2024 (+21.0 percentage points), a measurable increase.
Figures last updated on .
- Households that rent
- 47.8% (±8.3 points)
- Renting households
- 1,089 (±210)
- Median renter income
- $70,033 (±$35,026)
Who rents and who owns in Wake Village
| Wake Village | Bowie County | Texas | United States | |
|---|---|---|---|---|
| Renter-occupied share | 47.8% (±8.3 points) | 36.6% (±1.8 points) | 37.4% (±0.2 points) | 34.8% |
| Renting households | 1,089 (±210) | 12,820 (±692) | 4,113,561 (±20,050) | 45,017,354 |
| Owning households | 1,188 (±230) | 22,253 (±687) | 6,879,255 (±32,101) | 84,210,142 |
| Average renter household size | 2.5 (±0.4) | 2.3 (±0.1) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.2) | 2.6 (±0.1) | 2.9 (±0.0) | 2.6 |
| Median renter household income | $70,033 (±$35,026) | $40,048 (±$4,118) | $53,222 (±$285) | $52,966 |
| Median owner household income | $83,032 (±$24,194) | $72,225 (±$4,571) | $100,555 (±$369) | $100,009 |
In Wake Village, the renter share is higher than in Bowie County (36.6%).
It is also higher than in Texas (37.4%).
It is higher than the national figure (34.8%).
In Bowie County, Wake Village ranks 3 of 10 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 106 of 1,421.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Wake Village has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 26.8% (±7.9 points) | 47.8% (±8.3 points) | +21.0 percentage points | Measurable increase |
| Median gross rent | $745 (±$123) | $989 (±$156) | +32.8% | No measurable change after inflation |
| Median household income | $55,385 (±$15,168) | $71,574 (±$5,686) | +29.2% | 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 Wake Village
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Wake Village | — | 47.8% (±8.3 points) | — |
| Nash | 1.7 mi | 33.2% (±9.4 points) | Lower |
| Texarkana | 3.0 mi | 48.4% (±3.3 points) | Not measurably different |
| Red Lick | 4.7 mi | 33.5% (±18.1 points) | Not measurably different |
| Leary | 5.7 mi | 27.9% (±14.5 points) | Lower |
| Texarkana | 8.1 mi | 45.3% (±2.8 points) | Not measurably different |
| Redwater | 8.7 mi | 36.6% (±12.5 points) | Not measurably different |
| Hooks | 9.8 mi | 42.0% (±11.2 points) | Not measurably different |
| Domino | 11 mi | 42.9% (±57.1 points) | Not measurably different |
Nearby places with a measurably lower figure: Nash, TX (33.2%), Leary, TX (27.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Bowie County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | De Kalb | 55.3% (±7.7 points) |
| 2 | Texarkana | 48.4% (±3.3 points) |
| 3 | Wake Village | 47.8% (±8.3 points) |
| 4 | Hooks | 42.0% (±11.2 points) |
| 5 | Maud | 38.2% (±11.5 points) |
| 6 | Redwater | 36.6% (±12.5 points) |
| 7 | New Boston | 33.7% (±8.4 points) |
| 8 | Red Lick | 33.5% (±18.1 points) |
| 9 | Nash | 33.2% (±9.4 points) |
Showing 9 of 10 places in Bowie 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 Wake Village
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Questions about Wake Village
How many renters are there in Wake Village?
Wake Village has an estimated 1,089 (±210) renting households, 47.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Wake Village?
In Wake Village, the share of households that rent went from 26.8% in 2015–2019 to 47.8% in 2020–2024 (+21.0 percentage points), a measurable increase.
How big are renting households in Wake Village?
A renting household in Wake Village has 2.5 people on average, against 2.7 in an owned home.
How much do renters earn in Wake Village?
The median renting household in Wake Village, TX has an income of $70,033 (±$35,026) a year, against $83,032 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Wake Village city, Texas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Wake Village city, Texas
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Wake Village city, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Wake Village city, Texas
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Wake Village 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 Wake Village city, Texas (place:76096, 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 Wake Village at a glance
- Median rent in Wake Village
- Rent by bedrooms in Wake Village
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- Income and affordability in Wake Village
- Home values in Wake Village
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- Property taxes in Wake Village
- Types of homes in Wake Village
- Bedrooms in Wake Village
- Age of homes in Wake Village
- Vacancy rate in Wake Village
- Heating fuel in Wake Village
- Commute and cars in Wake Village
- Crime reported to police in Wake Village
- Population growth in Wake Village
- How long people stay in Wake Village
- Texas landlord and tenant rules
- Housing across Bowie County
- Texas places ranked by share of renters
- Housing data for every place in Texas