Hockley County TX Information

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Hockley County Subdivisions

Hockley County TX Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 23,504 (100%)
Population in Households 22,697 (96.6%)
Population in Families 19,501 (83.0%)
Population in Group Quarters1 807 ( 3.4%)
Population Density 26
Diversity Index2 72
 
 

INCOME

Median Household Income $50,364
Average Household Income $71,878
% of Income for Mortgage4 8%
Per Capita Income $25,631
Wealth Index5 74
 

HOUSING

Total HU (Housing Units) 9,538 (100%)
Owner Occupied HU 5,397 (56.6%)
Renter Occupied HU 2,961 (31.0%)
Vacant Housing Units 1,180 (12.4%)
Median Home Value $96,190
Average Home Value $131,226
Housing Affordability Index3 249
 

HOUSEHOLDS

Total Households 8,358
Average Household Size 2.72
Family Households 6,099
Average Family Size 3
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 0.24% -0.01%
Households 0.14% -0.04%
Families 0.06% -0.09%
Median Household Income   0.93%
Per Capita Income   1.72%
Owner Occupied HU   -0.02%

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Hockley County TX - Peer Comparisons by Rank and Percentile

The table below compares Hockley County to the other 254 counties and county equivalents 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 # 111 57th
Population Density # 118 54th
Median Household Income # 137 46th
Housing Affordability Index # 174 69th
Per Capita Income # 137 46th
Diversity Index # 48 82nd

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

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