Grandfalls, TX Profile: Facts & Data

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Grandfalls, Texas - Basic Facts

The Town of Grandfalls had a population of 415 as of July 1, 2019. Grandfalls ranks in the upper 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 Grandfalls is located at latitude 31.3393 and longitude -102.8518 in Ward County. The formal boundaries for the Town of Grandfalls encompass a land area of 0.54 sq. miles and a water area of 0 sq. miles. Ward County is in the Central time zone (GMT -6). The elevation is 2,434 feet.

The Town of Grandfalls (GNIS ID: 2412703) 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 Grandfalls is located within Grandfalls Division of Ward County.


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

HOUSING AFFORDABILITY INDEX

Grandfalls, TX Housing Affordability Index is 350
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

Grandfalls, TX Wealth Index is 83
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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  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 415
Population in Households 415
Population in Familes 357
Population in Group Qrtrs 0
Population Density 769
Diversity Index1 70
 

INCOME

Median Household Income $57,798
Average Household Income $71,770
Per Capita Income $27,070
Wealth Index3 83

HOUSING

Total Housing Units 193 (100%)
Owner Occupied HU 122 (63.2%)
Renter Occupied HU 41 (21.2%)
Vacant Housing Units 30 (15.5%)
Median Home Value $60,000
Housing Affordability Index2 350
 

HOUSEHOLDS

Total Households 163
Average Household Size 2.55
Family Households 118
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 1.55% 0.85%
Households 1.5% 0.84%
Families 2.61% 0.67%
Median Household Income   3.02%
Per Capita Income   2.37%

Grandfalls, TX - Peer Comparisons by Rank and Percentile

The table below compares Grandfalls 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 # 1317 24th
Population Density # 913 48th
Diversity Index # 321 82nd
Median Household Income # 568 68th
Per Capita Income # 679 61st

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

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