Valley Mills, TX Profile: Facts & Data

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Valley Mills, Texas - Basic Facts

The City of Valley Mills had a population of 1,291 as of July 1, 2024.

The primary coordinate point for Valley Mills is located at latitude 31.6593 and longitude -97.4722 in Bosque County. The formal boundaries for the City of Valley Mills encompass a land area of 0.76 sq. miles and a water area of 0 sq. miles. Bosque County is in the Central time zone (GMT -6).

While the primary coordinates for City of Valley Mills are located in Bosque County, it should be noted that the formal boundaries for this community also extend into and McLennan County.

The City of Valley Mills 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 Valley Mills is located within Valley Mills Division of Bosque County.


Jump to... (On This Page!)
  1. Valley Mills 2024 Demographic Data
  2. Growth Rates for Valley Mills (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Texas Research Tools (Easy Tools & Current Data)
  3. Texas Data Comparison Tool - 2024 Demographics
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Valley Mills, TX Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 1,291 (100%)
Population in Households 1,291 (100.0%)
Population in Families 1,095 (84.8%)
Population in Group Quarters1 0
Population Density 1,061
Diversity Index2 62
 
 

INCOME

Median Household Income $48,784
Average Household Income $66,529
% of Income for Mortgage4 17%
Per Capita Income $25,303
Wealth Index5 41
Socioeconomic Status Index6 Moderate (45.5)
 

HOUSING

Total HU (Housing Units) 546 (100%)
Owner Occupied HU 358 (65.6%)
Renter Occupied HU 133 (24.4%)
Vacant Housing Units 55 (10.1%)
Median Home Value $131,868
Average Home Value $162,709
Housing Affordability Index3 145
 

HOUSEHOLDS

Total Households 491
Average Household Size 2.63
Family Households 342
Average Family Size 3.00
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.
  6. 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.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population 1.16% 0.64%
Households 1.44% 0.88%
Families   0.75%
Median Household Income   1.79%
Per Capita Income   2.36%
Owner Occupied HU   1.09%

Valley Mills, TX - Peer Comparisons by Rank and Percentile

The table below compares Valley Mills to the other 1,863 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2024 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.

Variable Description Rank Percentile
Total Population # 891 52nd
Population Density # 646 65th
Median Household Income # 1457 22nd
Housing Affordability Index # 1401 75th
Per Capita Income # 1400 25th
Diversity Index # 1188 36th

Additional comparisons and rankings can be made with a VERY EASY TO USE Texas Census Data Comparison Tool.

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