Rancho Banquete, TX Profile: Facts & Data

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Rancho Banquete, Texas - Basic Facts

The Rancho Banquete Census Designated Place had a population of 429 as of July 1, 2019. Rancho Banquete ranks in the lower 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 Rancho Banquete is located at latitude 27.81 and longitude -97.8336 in Nueces County. The formal boundaries for the Rancho Banquete Census Designated Place encompass a land area of 2.86 sq. miles and a water area of 0 sq. miles. Nueces County is in the Central time zone (GMT -6). The elevation is 92 feet.

The Rancho Banquete Census Designated Place (GNIS ID: 2409133) 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 Rancho Banquete Census Designated Place is located within Corpus Christi West Division of Nueces County.


Jump to... (On This Page!)
  1. Rancho Banquete 2019 Demographic Data
  2. Growth Rates for Rancho Banquete (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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Rancho Banquete, TX Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Rancho Banquete, TX Housing Affordability Index is 265
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

Rancho Banquete, TX Wealth Index is 182
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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POPULATION

Total Population 429
Population in Households 429
Population in Familes 388
Population in Group Qrtrs 0
Population Density 150
Diversity Index1 60
 

INCOME

Median Household Income $71,015
Average Household Income $109,205
Per Capita Income $37,102
Wealth Index3 182

HOUSING

Total Housing Units 166 (100%)
Owner Occupied HU 113 (68.1%)
Renter Occupied HU 18 (10.8%)
Vacant Housing Units 35 (21.1%)
Median Home Value $147,826
Housing Affordability Index2 265
 

HOUSEHOLDS

Total Households 131
Average Household Size 3.27
Family Households 106
Average Family Size 4
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 0.13% 1.49%
Households 0.17% 1.48%
Families -0.59% 1.47%
Median Household Income   3.35%
Per Capita Income   3.14%

Rancho Banquete, TX - Peer Comparisons by Rank and Percentile

The table below compares Rancho Banquete 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 # 1307 25th
Population Density # 1572 10th
Diversity Index # 632 64th
Median Household Income # 326 81st
Per Capita Income # 218 88th

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

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