Val Verde Park, TX Profile: Facts & Data

The Val Verde Park CDP⁽¹⁾ had a population of 2,273 as of July 1, 2023. Val Verde Park ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.

The Val Verde Park Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Val Verde Park Census Designated Place is located within Del Rio Division of Val Verde County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Val Verde Park, TX Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	2,273 (100%)
Population in Households	2,273 (100.0%)
Population in Families	2,208 (97.1%)
Population in Group Quarters¹	0
Population Density	2,779
Diversity Index²	76


INCOME
Median Household Income	$51,369
Average Household Income	$67,207
% of Income for Mortgage⁴	13%
Per Capita Income	$19,840
Wealth Index⁵	42
Socioeconomic Status Index⁶	Low (35.1)

HOUSING
Total HU (Housing Units)	760 (100%)
Owner Occupied HU	476 (62.6%)
Renter Occupied HU	195 (25.7%)
Vacant Housing Units	89 (11.7%)
Median Home Value	$108,621
Average Home Value	$159,191
Housing Affordability Index³	185

HOUSEHOLDS
Total Households	671
Average Household Size	3.39
Family Households	594
Average Family Size	4.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Val Verde Park, TX - Peer Comparisons by Rank and Percentile

The table below compares Val Verde Park to the other 1,862 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2023	2023-2028
Population	-0.79%	-1.09%
Households	-1.12%	-0.60%
Families		-0.75%
Median Household Income		1.48%
Per Capita Income		2.45%
Owner Occupied HU		-1.56%

Variable Description	Rank	Percentile
Total Population	# 673	64th
Population Density	# 187	90th
Median Household Income	# 1206	35th
Housing Affordability Index	# 1583	85th
Per Capita Income	# 1568	16th
Diversity Index	# 399	79th

Val Verde Park, TX Profile: Facts & Data

Val Verde Park, Texas - Basic Facts

Val Verde Park, TX Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Val Verde Park, TX - Peer Comparisons by Rank and Percentile

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