Honey Grove, TX Profile: Facts & Data

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Honey Grove, Texas - Basic Facts

The City of Honey Grove had a population of 1,631 as of July 1, 2019.

The primary coordinate point for Honey Grove is located at latitude 33.5834 and longitude -95.91 in Fannin County. The formal boundaries for the City of Honey Grove encompass a land area of 2.98 sq. miles and a water area of 0.04 sq. miles. Fannin County is in the Central time zone (GMT -6). The elevation is 673 feet.

The City of Honey Grove (GNIS ID: 2410785) 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 Honey Grove is located within Honey Grove Division of Fannin County.

Alternate Unofficial Names for Honey Grove: Honeygrove.

Jump to... (On This Page!)
  1. Honey Grove 2019 Demographic Data
  2. Growth Rates for Honey Grove (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 - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Honey Grove, TX Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Honey Grove, TX Housing Affordability Index is 243
State of Texas Housing Affordability Index is 132
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.

WEALTH INDEX

Honey Grove, TX Wealth Index is 56
State of Texas Wealth Index is 94
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.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Texas address.

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  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 1,631
Population in Households 1,563
Population in Familes 1,287
Population in Group Qrtrs 68
Population Density 547
Diversity Index1 56
 

INCOME

Median Household Income $39,704
Average Household Income $58,736
Per Capita Income $22,724
Wealth Index3 56

HOUSING

Total Housing Units 805 (100%)
Owner Occupied HU 430 (53.4%)
Renter Occupied HU 228 (28.3%)
Vacant Housing Units 147 (18.3%)
Median Home Value $78,077
Housing Affordability Index2 243
 

HOUSEHOLDS

Total Households 658
Average Household Size 2.38
Family Households 433
Average Family Size 3
NOTES
  1. 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 race 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.
  2. 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.
  3. 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

2010-2019 2019-2024
Population -0.24% -0.25%
Households -0.34% -0.34%
Families -0.39% -0.42%
Median Household Income   1.83%
Per Capita Income   2.25%

Honey Grove, TX - Peer Comparisons by Rank and Percentile

The table below compares Honey Grove to the other 1,746 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2019 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 # 812 54th
Population Density # 1132 35th
Diversity Index # 754 57th
Median Household Income # 1291 26th
Per Capita Income # 1009 42nd

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

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