Wills Point, TX Profile: Facts & Data

The primary coordinate point for Wills Point is located at latitude 32.7093 and longitude -96.0083 in Van Zandt County. The formal boundaries for the City of Wills Point encompass a land area of 3.66 sq. miles and a water area of 0.02 sq. miles. Van Zandt County is in the Central time zone (GMT -6).

The City of Wills Point has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Wills Point is located within Wills Point Division of Van Zandt County.

Wills Point, TX Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	3,884 (100%)
Population in Households	3,822 (98.4%)
Population in Families	3,170 (81.6%)
Population in Group Quarters¹	62 ( 1.6%)
Population Density	1,060
Diversity Index²	60


INCOME
Median Household Income	$43,930
Average Household Income	$65,044
% of Income for Mortgage⁴	23%
Per Capita Income	$24,262
Wealth Index⁵	48
Socioeconomic Status Index⁶	Low (41.4)

HOUSING
Total HU (Housing Units)	1,561 (100%)
Owner Occupied HU	832 (53.3%)
Renter Occupied HU	615 (39.4%)
Vacant Housing Units	114 ( 7.3%)
Median Home Value	$168,780
Average Home Value	$193,540
Housing Affordability Index³	100

HOUSEHOLDS
Total Households	1,447
Average Household Size	2.64
Family Households	966
Average Family Size	3.00

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.

Wills Point, TX - Peer Comparisons by Rank and Percentile

The table below compares Wills Point 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	1.11%	0.49%
Households	1.29%	0.79%
Families		0.79%
Median Household Income		3.32%
Per Capita Income		2.68%
Owner Occupied HU		1.33%

Variable Description	Rank	Percentile
Total Population	# 496	73rd
Population Density	# 646	65th
Median Household Income	# 1453	22nd
Housing Affordability Index	# 622	33rd
Per Capita Income	# 1361	27th
Diversity Index	# 1250	33rd

Wills Point, TX Profile: Facts & Data

Wills Point, Texas - Basic Facts

Wills Point, TX Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Wills Point, TX - Peer Comparisons by Rank and Percentile

Wills Point, TX - Most Popular Things to Do

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Van Zandt County