Alvarado, TX
Population 5,424 · Texas
About Alvarado, TX
Alvarado is a small town located in Texas with a population of 5,424 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,296 per year, which is 5% below the national median of $75,149. The median age of 32.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Alvarado features a median home value of $206,800, which is 16% below the national median of $244,900. This positions Alvarado in a moderately priced market relative to the rest of the country. Median monthly rent is $854, 27% below the national average of $1,163/month. Of the 1,898 total housing units, 64% are owner-occupied (1,061 units) and 36% are renter-occupied (592 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Alvarado shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Alvarado have an average one-way commute time of 29.6 minutes.
Education & Demographics
9.7% of Alvarado residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 27.7% White, 2.5% Hispanic or Latino, 0.0% Black or African American, and 0.7% Asian residents, with 6.4% of the population being foreign-born.
Cost of Living in Alvarado, TX
Compared to national averages, Alvarado has a median household income of $71,296 (5% below the national median of $75,149). Home values average $206,800, which is 16% below the national median. Monthly rent at $854 is 27% below the US average of $1,163. Within Texas, Alvarado's income is 2% below the state average of $72,726, and home values are 2% below the state median of $211,769.
Why Live in Alvarado, TX?
Alvarado offers affordable housing with a median home value of $206,800, below the US average of $244,900, and rent that’s lower than the national average at $854/month, and a strong job market with an unemployment rate of just 3.1%. Additionally, the city features a low poverty rate of 10.3%, better than the national average.
Potential considerations include median household income ($71,296) that falls below the national average. However, Alvarado’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Alvarado has a population of 5,424 with a median age of 32.8 years. Compare Alvarado with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Alvarado
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Aledo | 5,432 | $152,083 | $409,300 | Compare |
| Atlanta | 5,434 | $62,675 | $165,300 | Compare |
| Wyldwood | 5,436 | $85,216 | $151,500 | Compare |
| Willow Park | 5,447 | $113,736 | $339,100 | Compare |
| Oak Point | 5,395 | $109,528 | $368,000 | Compare |
| Rockdale | 5,455 | $47,550 | $164,300 | Compare |
| Sansom Park | 5,387 | $40,993 | $144,600 | Compare |
| Cameron | 5,385 | $57,126 | $112,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Alvarado With Other Cities
Frequently Asked Questions about Alvarado
What is the population of Alvarado, TX?
The population of Alvarado, TX is 5,424 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Texas.
What is the median household income in Alvarado?
The median household income in Alvarado, TX is $71,296 per year, which is 5% below the national median of $75,149.
What is the median home value in Alvarado?
The median home value in Alvarado, TX is $206,800, which is 16% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Alvarado?
The median monthly rent in Alvarado, TX is $854, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Alvarado?
The unemployment rate in Alvarado, TX is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Alvarado, TX a good place to live?
Alvarado offers a moderate cost of living, affordable housing, and a strong job market. With a population of 5,424 and a median age of 32.8, the city appeals to young professionals and families.
How educated is Alvarado, TX?
9.7% of residents in Alvarado aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Alvarado?
Key cost-of-living indicators for Alvarado, TX: median home value is $206,800 (16% below national), median rent is $854/month, and median household income is $71,296. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Alvarado?
The poverty rate in Alvarado, TX is 10.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Alvarado, TX?
Alvarado's population is 27.7% White, 2.5% Hispanic or Latino, 0.0% Black or African American, 0.7% Asian, and 7.6% two or more races. 6.4% of residents are foreign-born.