Monte Alto, TX Profile: Facts & Data

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Monte Alto, Texas - Basic Facts

The Monte Alto Census Designated Place had a population of 2,169 as of July 1, 2020. Monte Alto 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 Monte Alto is located at latitude 26.3731 and longitude -97.9717 in Hidalgo County. The formal boundaries for the Monte Alto Census Designated Place encompass a land area of 2.25 sq. miles and a water area of 0 sq. miles. Hidalgo County is in the Central time zone (GMT -6). The elevation is 56 feet.

The Monte Alto Census Designated Place (GNIS ID: 2408859) 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 Monte Alto Census Designated Place is located within Edcouch-Elsa Division of Hidalgo County.


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Monte Alto, TX Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 2,169 (100%)
Population in Households 2,169 (100.0%)
Population in Families 2,036 (93.9%)
Population in Group Quarters1 0
Population Density 964
Diversity Index2 28
 
 

INCOME

Median Household Income $30,517
Average Household Income $42,292
% of Income for Mortgage4 8%
Per Capita Income $11,119
Wealth Index5 31
 

HOUSING

Total HU (Housing Units) 640 (100%)
Owner Occupied HU 453 (70.8%)
Renter Occupied HU 113 (17.7%)
Vacant Housing Units 74 (11.6%)
Median Home Value $57,979
Average Home Value $68,502
Housing Affordability Index3 244
 

HOUSEHOLDS

Total Households 566
Average Household Size 3.83
Family Households 495
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 1.18% 1.36%
Households 1.24% 1.41%
Families 1.2% 1.41%
Median Household Income   1.95%
Per Capita Income   1.43%
Owner Occupied HU   1.42%

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Monte Alto, TX - Peer Comparisons by Rank and Percentile

The table below compares Monte Alto 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 # 700 60th
Population Density # 756 57th
Median Household Income # 1576 10th
Housing Affordability Index # 1063 61st
Per Capita Income # 1663 5th
Diversity Index # 1454 17th

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

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