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CITY · 2020 ACS

Placedo

Texas · 625 residents · 0.559 sq mi
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The short version

Placedo has notably lower household income than the US average, with a median household income of $25,733. Population has grown 21% since 2019. 4% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $48,200. The poverty rate of 25.3% is well above the national figure. Households here earn about 60% less than the Texas median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 41.4
US median: 38.8
Less educated
4% hold a bachelor's degree
US average: 33%
More affordable
home values down 27%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
625
+21%since 2019
from 515 in 2019
2010 – 2024
Population density
1,118 / sq mi
+21%since 2019
from 921 / sq mi in 2019
US average: 280
Median age
41.4
−9%since 2019
from 45.4 in 2019
US average: 38.8
Population, 2010 – 2024
324468612755899201020202024Placedo
2024539
201020202024
Section 02

Income & economy

Median household income
$25,733
−11%inflation adjusted, since 2019
from $28,618 in 2019
US average: $66,278
2010 – 2023
Per capita income
$18,134
+5%since 2019
from $17,287 in 2019
US average: $35,364
Households earning $100K+
6.5%
−4.6 ptssince 2019
from 11.2% in 2019
US average: 43.9%
Poverty rate
25.3%
+8.8 ptssince 2019
from 16.5% in 2019
US average: 12.8%
Workforce by industry, 2020
Finance & insurance36.1%
US avg: 5.5%
Education & health services36.1%
US avg: 0.8%
Wholesale trade21.6%
US avg: 6.7%
Retail trade13.7%
US avg: 10%
Agriculture, forestry, fishing10.2%
US avg: 1.7%
Manufacturing10.2%
US avg: 0.5%
Information5.9%
US avg: 11.1%
Other services2%
US avg: 6.6%
Construction0%
US avg: 1.2%
Transportation & warehousing0%
US avg: 2.5%
Professional, scientific, technical0%
US avg: 4.7%
Arts, entertainment, food0%
US avg: 2%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$48,200
−27%inflation adjusted, since 2019
from $64,900 in 2019
US average: $265,253
2010 – 2024
Owner-occupied
69.6%
−5.8 ptssince 2019
from 75.3% in 2019
30.4% rent
Afford Score
1.9
−17%since 2019
from 2.3 in 2019
2010 – 2023
RELATED:See current rent listings in Placedo on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic13.2%(68)
Black6.8%(35)
Hispanic / Latino80%(412)
Asian0%(0)
Other0%(0)
Diversity Score42.2%(218)
2020
White, non-Hispanic20.3%(127)
Black2.4%(15)
Hispanic / Latino73.9%(462)
Asian0.8%(5)
Other0%(0)
Diversity Score47.5%(297)
Diversity Score
48
+13%since 2019
from 42 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
4.0%
−6.3 ptssince 2019
from 10.3% in 2019
US average: 32.9%
High school or higher
62.4%
+2.3 ptssince 2019
from 60.1% in 2019
US average: 88.5%
Graduate degree
0.0%
−4.8 ptssince 2019
from 4.8% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
16.8 min
−34%since 2019
from 25.4 min in 2019
US average: 26.9
Drive alone to work
55.3%
−20.7 ptssince 2019
from 75.9% in 2019
US average: 75.1%
No vehicle available
2.9%
+0.1 ptssince 2019
from 2.8% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
1.9%
−0.1 ptssince 2019
from 2.1% in 2019
US average: 5.4%
Labor force participation
55.6%
+0.3 ptssince 2019
from 55.3% in 2019
US average: 63.4%
Management & professional
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 39.3%
Section 08

People & community

Male
51.6%
+2.9 ptssince 2019
from 48.7% in 2019
Female
48.4%
−2.9 ptssince 2019
from 51.3% in 2019
Foreign born
14.0%
+3.3 ptssince 2019
from 10.7% in 2019
US average: 13.5%
Uninsured
25.3%
+21.2 ptssince 2019
from 4.1% in 2019
US average: 8.8%
Drill deeper

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PLACEDO VS
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Frequently asked

How many people live in Placedo, Texas?

Placedo, Texas has about 625 residents according to the 2020 American Community Survey.

What is the median household income in Placedo, Texas?

The typical household in Placedo, Texas earns about $25,733 a year. Half of households make more than that, and half make less.

Is Placedo, Texas expensive?

In Placedo, Texas, the median home is worth about $48,200.

How educated are people in Placedo, Texas?

About 4.0% of adults age 25 and over in Placedo, Texas hold a bachelor's degree or higher.

What is the poverty rate in Placedo, Texas?

About 25.3% of people in Placedo, Texas live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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