Reid Hope King Colonia, TX Profile: Facts & Data

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.

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

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.

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.

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%

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

Reid Hope King Colonia, TX Profile: Facts & Data

Reid Hope King Colonia, Texas - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

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

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