Abbott, TX
Population 323 · Texas
About Abbott, TX
Abbott is a small community located in Texas with a population of 323 residents according to the latest US Census Bureau American Community Survey data. The median household income is $98,929 per year, which is 32% above the national median of $75,149. The median age of 38.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Abbott features a median home value of $154,500, which is 37% below the national median of $244,900. This positions Abbott in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 150 total housing units, 90% are owner-occupied (110 units) and 10% are renter-occupied (12 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Abbott shows an unemployment rate of 0.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Abbott have an average one-way commute time of 23.5 minutes.
Education & Demographics
38.4% of Abbott residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.2% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 0.3% Asian residents, with 0.3% of the population being foreign-born.
How Abbott Ranks in Texas
Cost of Living in Abbott, TX
Compared to national averages, Abbott has a median household income of $98,929 (32% above the national median of $75,149). Home values average $154,500, which is 37% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Texas, Abbott's income is 36% above the state average of $72,726, and home values are 27% below the state median of $211,769.
Why Live in Abbott, TX?
Abbott offers a strong local economy with a median household income of $98,929, well above the national average, and affordable housing with a median home value of $154,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.6%, and a well-educated community where 38.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.3%, better than the national average, and short commute times averaging just 23.5 minutes.
Abbott has a population of 323 with a median age of 38.4 years. Compare Abbott with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Abbott
Cities in Texas with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
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Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Abbott
What is the population of Abbott, TX?
The population of Abbott, TX is 323 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Texas.
What is the median household income in Abbott?
The median household income in Abbott, TX is $98,929 per year, which is 32% above the national median of $75,149.
What is the median home value in Abbott?
The median home value in Abbott, TX is $154,500, which is 37% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Abbott?
The median monthly rent in Abbott, TX is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Abbott?
The unemployment rate in Abbott, TX is 0.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Abbott, TX a good place to live?
Abbott offers above-average incomes, affordable housing, and a strong job market. With a population of 323 and a median age of 38.4, the city appeals to a broad range of residents.
How educated is Abbott, TX?
38.4% of residents in Abbott aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Abbott?
Key cost-of-living indicators for Abbott, TX: median home value is $154,500 (37% below national), median rent is $0/month, and median household income is $98,929. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Abbott?
The poverty rate in Abbott, TX is 0.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Abbott, TX?
Abbott's population is 2.2% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 0.3% Asian, and 2.2% two or more races. 0.3% of residents are foreign-born.