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Garwood, TX

Full City Profile · Texas · Colorado County County

2.6 /5.0
C+ Fair
415 Population 76/sq mi density
$46,875 Median Income $25,608 per capita
$243,300 Home Value $251,700 Zillow
71°F Avg Temperature 330 sunny days/yr
138 Violent Crime/100K 663 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$46,875 median income, 0.0% unemployment
B+
Affordability
3.7 / 5.0
$243,300 home value, /mo rent
F
Safety
1.0 / 5.0
138 violent crimes/100K
C+
Education
2.8 / 5.0
22.7% bachelor's degree or higher

Housing Overview

Median Home Value
$243,300
14% below
US avg: $281,900
Homeownership Rate
55.0%
16% below US avg (65.4%)
Total Housing Units
185
Median year built: 1985

Home Value by Source

Census Median
$243,300
Zillow (ZHVI)
$251,700
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

55.0%
Owner-Occupied
45.0%
Renter-Occupied
55%
45%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo

Affordability & Housing Stock

Rent Burden
34.8%
of renters spending 30%+ of income on housing
12% above US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
55.0%

Complete Housing Data

Home Values

Census Median Value$243,300
Zillow Home Value (ZHVI)$251,700

Rent

FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Ownership & Stock

Owner-Occupied55.0%
Renter-Occupied45.0%
Homeownership Rate55.0%
Total Housing Units185
Median Year Built1985
Rent Burden34.8%