Reid Hope King Colonia, TX Profile: Facts & Data

The Reid Hope King CDP⁽¹⁾ had a population of 687 as of July 1, 2024. Reid Hope King Colonia ranks in the upper quartile for Population Density 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 Reid Hope King Census Designated Place 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.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Reid Hope King Colonia, TX Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	687 (100%)
Population in Households	687 (100.0%)
Population in Families	418 (60.8%)
Population in Group Quarters¹	0
Population Density	2,386
Diversity Index²	69


INCOME
Median Household Income	$46,505
Average Household Income	$66,514
% of Income for Mortgage⁴	23%
Per Capita Income	$21,397
Wealth Index⁵	44
Socioeconomic Status Index⁶	Low (36.4)

HOUSING
Total HU (Housing Units)	257 (100%)
Owner Occupied HU	139 (54.1%)
Renter Occupied HU	82 (31.9%)
Vacant Housing Units	36 (14.0%)
Median Home Value	$168,939
Average Home Value	$231,295
Housing Affordability Index³	98

HOUSEHOLDS
Total Households	221
Average Household Size	3.11
Family Households	161
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.

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

The table below compares Reid Hope King Colonia 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.70%	1.03%
Households	1.90%	1.83%
Families		1.45%
Median Household Income		4.67%
Per Capita Income		3.81%
Owner Occupied HU		0.99%

Variable Description	Rank	Percentile
Total Population	# 1146	39th
Population Density	# 235	87th
Median Household Income	# 1505	19th
Housing Affordability Index	# 731	39th
Per Capita Income	# 1576	15th
Diversity Index	# 798	58th

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, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

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

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