Greatwood, Texas Median Income

Greatwood, Texas has a population of 12,811, with a median household income of $142,220.

Current median income data for Greatwood.

$142,220

👥

Population

12,811

💰

Median Income

$142,220

📉

Unemployment

1.90%

🏠

Housing Price

$548,700

🚨

Crime Rate

8.20

🌐

Internet Speed

268.40 Mbps

Greatwood is a small local community located in Texas. The city has a population that is below the average city population in Texas, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Greatwood is a notable city in Texas, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Greatwood has a population of 12,811, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Greatwood is $142,220, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Greatwood average around $548,700, which is relatively high compared to other cities in Texas.

Employment and Safety

The unemployment rate in Greatwood is 1.90%, which is lower than the state average, indicating a relatively strong job market. Greatwood has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Texas, Greatwood shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Greatwood offers a balanced mix of economic conditions, population trends, and housing opportunities within Texas.

Frequently Asked Questions about Greatwood

What is the population of Greatwood?

The population of Greatwood is approximately 12,811.

Is Greatwood a good place to live?

Greatwood offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Greatwood?

The median household income in Greatwood is around $142,220.

How expensive is housing in Greatwood?

The average housing price in Greatwood is approximately $548,700.