Payne Springs, TX Profile: Facts & Data

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Payne Springs, Texas - Basic Facts

The Town of Payne Springs had a population of 804 as of July 1, 2019. Payne Springs ranks in 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 Payne Springs is located at latitude 32.2782 and longitude -96.0669 in Henderson County. The formal boundaries for the Town of Payne Springs encompass a land area of 2.11 sq. miles and a water area of 0 sq. miles. Henderson County is in the Central time zone (GMT -6). The elevation is 367 feet.

The Town of Payne Springs (GNIS ID: 2413120) 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 Town of Payne Springs is located within Cedar Creek Lake Division of Henderson County.

Alternate Unofficial Names for Payne Springs: Paynespring.

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  1. Payne Springs 2019 Demographic Data
  2. Growth Rates for Payne Springs (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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Payne Springs, TX Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Payne Springs, TX Housing Affordability Index is 217
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

Payne Springs, TX Wealth Index is 93
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.

See our:

  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 804
Population in Households 803
Population in Familes 650
Population in Group Qrtrs 1
Population Density 381
Diversity Index1 28
 

INCOME

Median Household Income $52,800
Average Household Income $69,501
Per Capita Income $28,193
Wealth Index3 93

HOUSING

Total Housing Units 427 (100%)
Owner Occupied HU 263 (61.6%)
Renter Occupied HU 52 (12.2%)
Vacant Housing Units 112 (26.2%)
Median Home Value $136,029
Housing Affordability Index2 217
 

HOUSEHOLDS

Total Households 315
Average Household Size 2.55
Family Households 218
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 0.51% 0.32%
Households 0.39% 0.25%
Families -0.1% 0.27%
Median Household Income   1.66%
Per Capita Income   2.24%

Payne Springs, TX - Peer Comparisons by Rank and Percentile

The table below compares Payne Springs 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 # 1081 38th
Population Density # 1296 26th
Diversity Index # 1429 18th
Median Household Income # 743 58th
Per Capita Income # 606 65th

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

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