Barrett, TX
Population 2,938 · Texas
About Barrett, TX
Barrett is a small town located in Texas with a population of 2,938 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,594 per year, which is 6% below the national median of $75,149. The median age of 27.9 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 Barrett features a median home value of $133,600, which is 45% below the national median of $244,900. This makes Barrett one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,330, 14% above the national average of $1,163/month. Of the 1,285 total housing units, 87% are owner-occupied (937 units) and 13% are renter-occupied (144 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Barrett shows an unemployment rate of 6.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 25.3%, above the national average of 12.4%. Workers in Barrett have an average one-way commute time of 33.4 minutes.
Education & Demographics
16.6% of Barrett 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 35.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 2.2% Asian residents, with 8.7% of the population being foreign-born.
Cost of Living in Barrett, TX
Compared to national averages, Barrett has a median household income of $70,594 (6% below the national median of $75,149). Home values average $133,600, which is 45% below the national median. Monthly rent at $1,330 is 14% above the US average of $1,163. Within Texas, Barrett's income is 3% below the state average of $72,726, and home values are 37% below the state median of $211,769.
Why Live in Barrett, TX?
Barrett offers affordable housing with a median home value of $133,600, below the US average of $244,900.
Potential considerations include median household income ($70,594) that falls below the national average. However, Barrett’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Barrett has a population of 2,938 with a median age of 27.9 years. Compare Barrett with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Barrett
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Shallowater | 2,935 | $79,848 | $210,400 | Compare |
| Ferris | 2,932 | $71,583 | $219,600 | Compare |
| La Villa | 2,931 | $50,917 | $115,700 | Compare |
| Hackberry | 2,927 | $118,000 | $386,500 | Compare |
| Bushland | 2,950 | $146,339 | $371,000 | Compare |
| Hamilton | 2,904 | $46,466 | $95,000 | Compare |
| Stamford | 2,902 | $42,121 | $62,400 | Compare |
| Oak Trail Shores | 2,900 | $33,272 | $77,600 | 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 Barrett With Other Cities
Frequently Asked Questions about Barrett
What is the population of Barrett, TX?
The population of Barrett, TX is 2,938 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 Barrett?
The median household income in Barrett, TX is $70,594 per year, which is 6% below the national median of $75,149.
What is the median home value in Barrett?
The median home value in Barrett, TX is $133,600, which is 45% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Barrett?
The median monthly rent in Barrett, TX is $1,330, which is 14% above the national average of $1,163/month.
What is the unemployment rate in Barrett?
The unemployment rate in Barrett, TX is 6.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Barrett, TX a good place to live?
Barrett offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,938 and a median age of 27.9, the city appeals to young professionals and families.
How educated is Barrett, TX?
16.6% of residents in Barrett 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 Barrett?
Key cost-of-living indicators for Barrett, TX: median home value is $133,600 (45% below national), median rent is $1,330/month, and median household income is $70,594. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Barrett?
The poverty rate in Barrett, TX is 25.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Barrett, TX?
Barrett's population is 35.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 2.2% Asian, and 45.3% two or more races. 8.7% of residents are foreign-born.