Falcon Lake Estates, TX Profile: Facts & Data

The Falcon Lake Estates CDP⁽¹⁾ had a population of 952 as of July 1, 2024. Falcon Lake Estates ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.

The Falcon Lake Estates Census Designated Place 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 Falcon Lake Estates Census Designated Place is located within Zapata Division of Zapata County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Falcon Lake Estates, TX Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	952 (100%)
Population in Households	952 (100.0%)
Population in Families	802 (84.2%)
Population in Group Quarters¹	0
Population Density	1,419
Diversity Index²	70


INCOME
Median Household Income	$69,136
Average Household Income	$71,178
% of Income for Mortgage⁴	14%
Per Capita Income	$26,243
Wealth Index⁵	43
Socioeconomic Status Index⁶	Low (43.6)

HOUSING
Total HU (Housing Units)	469 (100%)
Owner Occupied HU	283 (60.3%)
Renter Occupied HU	68 (14.5%)
Vacant Housing Units	118 (25.2%)
Median Home Value	$156,042
Average Home Value	$142,845
Housing Affordability Index³	173

HOUSEHOLDS
Total Households	351
Average Household Size	2.71
Family Households	241
Average Family Size	3.00

NOTES

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.
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.
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.
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).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Falcon Lake Estates, TX - Peer Comparisons by Rank and Percentile

The table below compares Falcon Lake Estates to the other 1,863 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2024 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.25%	-0.08%
Households	0.27%	0.45%
Families		0.25%
Median Household Income		1.95%
Per Capita Income		3.64%
Owner Occupied HU		0.56%

Variable Description	Rank	Percentile
Total Population	# 1008	46th
Population Density	# 474	75th
Median Household Income	# 776	58th
Housing Affordability Index	# 1612	87th
Per Capita Income	# 1342	28th
Diversity Index	# 773	58th

Falcon Lake Estates, TX Profile: Facts & Data

Falcon Lake Estates, Texas - Basic Facts

Falcon Lake Estates, TX Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Falcon Lake Estates, TX - Peer Comparisons by Rank and Percentile

Falcon Lake Estates, TX - Most Popular Things to Do

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