Bishop, TX
Population 3,133 · Texas
About Bishop, TX
Bishop is a small town located in Texas with a population of 3,133 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,385 per year, which is 22% below the national median of $75,149. The median age of 42.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Bishop features a median home value of $115,900, which is 53% below the national median of $244,900. This makes Bishop one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $905, 22% below the national average of $1,163/month. Of the 1,482 total housing units, 86% are owner-occupied (1,007 units) and 14% are renter-occupied (168 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bishop shows an unemployment rate of 8.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 22.4%, above the national average of 12.4%. Workers in Bishop have an average one-way commute time of 24.7 minutes.
Education & Demographics
19.2% of Bishop 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 65.0% White, 1.0% Hispanic or Latino, 0.0% Black or African American, and 4.1% Asian residents, with 10.3% of the population being foreign-born.
Cost of Living in Bishop, TX
Compared to national averages, Bishop has a median household income of $58,385 (22% below the national median of $75,149). Home values average $115,900, which is 53% below the national median. Monthly rent at $905 is 22% below the US average of $1,163. Within Texas, Bishop's income is 20% below the state average of $72,726, and home values are 45% below the state median of $211,769.
Why Live in Bishop, TX?
Bishop offers affordable housing with a median home value of $115,900, below the US average of $244,900, and rent that’s lower than the national average at $905/month, and short commute times averaging just 24.7 minutes.
Potential considerations include median household income ($58,385) that falls below the national average. However, Bishop’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bishop has a population of 3,133 with a median age of 42.6 years. Compare Bishop with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Bishop
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Onalaska | 3,133 | $44,216 | $121,900 | Compare |
| Port Aransas | 3,141 | $88,311 | $490,200 | Compare |
| San Saba | 3,125 | $47,045 | $112,200 | Compare |
| Henrietta | 3,143 | $63,242 | $131,100 | Compare |
| Hollywood Park | 3,119 | $140,357 | $428,000 | Compare |
| South Alamo | 3,114 | $33,516 | $69,700 | Compare |
| The Homesteads | 3,113 | $64,037 | $112,100 | Compare |
| Reno city (Parker and Tarrant Counties), Texas | 3,156 | $92,857 | $294,800 | 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 Bishop With Other Cities
Frequently Asked Questions about Bishop
What is the population of Bishop, TX?
The population of Bishop, TX is 3,133 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 Bishop?
The median household income in Bishop, TX is $58,385 per year, which is 22% below the national median of $75,149.
What is the median home value in Bishop?
The median home value in Bishop, TX is $115,900, which is 53% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bishop?
The median monthly rent in Bishop, TX is $905, which is 22% below the national average of $1,163/month.
What is the unemployment rate in Bishop?
The unemployment rate in Bishop, TX is 8.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bishop, TX a good place to live?
Bishop offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 3,133 and a median age of 42.6, the city appeals to a broad range of residents.
How educated is Bishop, TX?
19.2% of residents in Bishop 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 Bishop?
Key cost-of-living indicators for Bishop, TX: median home value is $115,900 (53% below national), median rent is $905/month, and median household income is $58,385. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bishop?
The poverty rate in Bishop, TX is 22.4%, 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 Bishop, TX?
Bishop's population is 65.0% White, 1.0% Hispanic or Latino, 0.0% Black or African American, 4.1% Asian, and 7.9% two or more races. 10.3% of residents are foreign-born.