Orason Acres Colonia, TX Profile: Facts & Data

The primary coordinate point for Orason Acres Colonia is located at latitude 26.0773 and longitude -97.4433 in Cameron County. The formal boundaries for the Orason Census Designated Place encompass a land area of 0.33 sq. miles and a water area of 0 sq. miles. Cameron County is in the Central time zone (GMT -6). The elevation is 20 feet.

The Orason Census Designated Place (GNIS ID: 2584707) 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 Orason Census Designated Place is located within Los Fresnos-Laureles Division of Cameron County.

Alternate Unofficial Names for Orason Acres Colonia: Orason Acres-Chula Vista Colonia.

Orason Acres Colonia, TX Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	156 (100%)
Population in Households	156 (100.0%)
Population in Families	141 (90.4%)
Population in Group Quarters¹	0
Population Density	473
Diversity Index²	40


INCOME
Median Household Income	$44,177
Average Household Income	$59,610
% of Income for Mortgage⁴	0%
Per Capita Income	$17,547
Wealth Index⁵	45

HOUSING
Total HU (Housing Units)	51 (100%)
Owner Occupied HU	36 (70.6%)
Renter Occupied HU	12 (23.5%)
Vacant Housing Units	3 ( 5.9%)
Median Home Value	$155,000
Average Home Value	$205,714
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	48
Average Household Size	3.25
Family Households	39
Average Family Size	4

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.

Orason Acres Colonia, TX - Peer Comparisons by Rank and Percentile

The table below compares Orason Acres Colonia to the other 1,746 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2020 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	2010-2020	2020-2025
Population	1.87%	1.37%
Households	2.05%	1.22%
Families	1.06%	1.49%
Median Household Income		1.24%
Per Capita Income		1.76%
Owner Occupied HU		1.09%

Variable Description	Rank	Percentile
Total Population	# 1568	10th
Population Density	# 1205	31st
Median Household Income	# 1150	34th
Housing Affordability Index	# 105	6th
Per Capita Income	# 1411	19th
Diversity Index	# 1164	34th

Orason Acres Colonia, TX Profile: Facts & Data

Orason Acres Colonia, Texas - Basic Facts

Orason Acres Colonia, TX Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Orason Acres Colonia, TX - Peer Comparisons by Rank and Percentile

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