Reid Hope King Colonia, TX Profile: Facts & Data

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Reid Hope King Colonia, Texas - Basic Facts

The Reid Hope King Census Designated Place had a population of 815 as of July 1, 2020. Reid Hope King Colonia ranks in the upper quartile for Population Density and the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.

The primary coordinate point for Reid Hope King Colonia is located at latitude 25.9192 and longitude -97.4141 in Cameron County. The formal boundaries for the Reid Hope King Census Designated Place encompass a land area of 0.28 sq. miles and a water area of 0.01 sq. miles. Cameron County is in the Central time zone (GMT -6). The elevation is 20 feet.

The Reid Hope King Census Designated Place (GNIS ID: 2409160) 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 Reid Hope King Census Designated Place is located within Brownsville Division of Cameron County.

Alternate Unofficial Names for Reid Hope King Colonia: Reid Hope King.

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Reid Hope King Colonia, TX Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 815 (100%)
Population in Households 815 (100.0%)
Population in Families 747 (91.7%)
Population in Group Quarters1 0
Population Density 2,884
Diversity Index2 35
 
 

INCOME

Median Household Income $46,764
Average Household Income $51,825
% of Income for Mortgage4 6%
Per Capita Income $15,199
Wealth Index5 42
 

HOUSING

Total HU (Housing Units) 257 (100%)
Owner Occupied HU 148 (57.6%)
Renter Occupied HU 78 (30.4%)
Vacant Housing Units 31 (12.1%)
Median Home Value $61,224
Average Home Value $140,541
Housing Affordability Index3 350
 

HOUSEHOLDS

Total Households 226
Average Household Size 3.61
Family Households 186
Average Family Size 4
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.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 0.35% 0.41%
Households 0.44% 0.44%
Families -0.31% 0.43%
Median Household Income   1.35%
Per Capita Income   1.15%
Owner Occupied HU   0.4%

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Reid Hope King Colonia, TX - Peer Comparisons by Rank and Percentile

The table below compares Reid Hope King 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.

Variable Description Rank Percentile
Total Population # 1080 38th
Population Density # 181 90th
Median Household Income # 1054 40th
Housing Affordability Index # 1577 90th
Per Capita Income # 1504 14th
Diversity Index # 1305 25th

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

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