Tom Bean, TX

Full City Profile · Texas · Grayson County County

3.8 /5.0
B+ Good
688 Population 474/sq mi density
$79,432 Median Income $39,664 per capita
$227,600 Home Value $358,754 Zillow
$1,161 Median Rent 23.7% income on rent
64°F Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$79,432 median income, 3.7% unemployment
A+
Affordability
5.0 / 5.0
$227,600 home value, $1,161/mo rent
D
Education
2.0 / 5.0
12.3% bachelor's degree or higher

Tom Bean, TX

At a Glance

Median Income
$79,432
6% above
$39,664 per capita
Home Value
$227,600
19% below
Zillow: $358,754
Median Rent
$1,161/mo
0% below
23.7% of income on rent
Bachelor's Degree+
12.3%
64% below
90.1% high school+
Unemployment
3.7%
3% above
6.0% poverty rate
Obesity Rate
32.0%
0% below
14.1% smoking rate
Avg Temperature
64°F

How Tom Bean Compares to the U.S. Average

Each bar shows Tom Bean's value as a percentage of the national average (100% = U.S. avg)

Income
106%
Home Value
81%
Rent
100%
Poverty
48%
Bachelor's
36%
Unemployment
103%
Thin vertical line = U.S. national average (100%)

Is Tom Bean a Good Place to Live?

B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Tom Bean residents earn a median household income of $79,432 , which is 6% above the national average of $75,149. Per capita income is $39,664. The unemployment rate stands at 3.7% (3% above the U.S. rate of 3.6%). 6.0% of residents live below the poverty line. The area is home to 3,223 business establishments, including 260 restaurants.

Housing & Cost of Living

The median home value in Tom Bean is $227,600 , 19% below the national median of $281,900. Zillow estimates the typical home at $358,754. Median rent is $1,161/month, with 23.7% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 1975.

Education

12.3% of adults in Tom Bean hold a bachelor's degree or higher (64% below the national average). 90.1% have completed high school. Local schools score 5.6/10 in standardized testing.

Climate & Weather

Tom Bean has an average annual temperature of 64°F (18°C). Winters average 43°F in January while summers reach 83°F in July. Annual precipitation totals 43.7 inches.

Data Overview

People

Population688
Median Age48.9 yrs
Density474/mi²
Male / Female53% / 47%
Foreign Born1.3%
Veterans16.8%

Economy

A
Median Income$79,432
Per Capita$39,664
Unemployment3.7%
Poverty6.0%
County GDP$8,370M
Avg Weekly Wage$1,121

Housing

A+
Home Value$227,600
Rent$1,161
Ownership64.4%
Zillow$358,754
Housing Units364
Rent Burden23.7%

Health

Obesity32.0%
Diabetes9.3%
Smoking14.1%
Heart Disease5.0%
Premature Death9,794/100K

Climate

Avg Temp64°F
Rain43.7 in/yr
Elevation821 ft

Education

D
Bachelor's+12.3%
High School+90.1%
Graduate+6.0%
School Score5.6/10

Community

2024 VoteR 77% / D 22%
Commute33 min
Broadband90.0%
Internet Speed90 Mbps
EV Stations26
Libraries9

Did You Know?

The median home in Tom Bean was built in 1975.
17.2% work from home.
The nearest airport is North Texas Regional/Perrin Field (17 miles).
The Gini coefficient (income inequality) is 0.447 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
14.2% of the population has a disability.
There are 260 restaurants in the area.
The county recorded 30 fatal vehicle crashes.