Boyd, TX
Population 1,488 · Texas
About Boyd, TX
Boyd is a small town located in Texas with a population of 1,488 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,944 per year, which is 11% below the national median of $75,149. The median age of 39.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Boyd features a median home value of $230,700, which is 6% below the national median of $244,900. This positions Boyd in a moderately priced market relative to the rest of the country. Median monthly rent is $842, 28% below the national average of $1,163/month. Of the 622 total housing units, 77% are owner-occupied (435 units) and 23% are renter-occupied (133 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Boyd shows an unemployment rate of 2.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Boyd have an average one-way commute time of 31.3 minutes.
Education & Demographics
12.1% of Boyd 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 26.4% White, 3.2% Hispanic or Latino, 0.0% Black or African American, and 0.9% Asian residents, with 9.4% of the population being foreign-born.
Cost of Living in Boyd, TX
Compared to national averages, Boyd has a median household income of $66,944 (11% below the national median of $75,149). Home values average $230,700, which is 6% below the national median. Monthly rent at $842 is 28% below the US average of $1,163. Within Texas, Boyd's income is 8% below the state average of $72,726, and home values are 9% above the state median of $211,769.
Why Live in Boyd, TX?
Boyd offers affordable housing with a median home value of $230,700, below the US average of $244,900, and rent that’s lower than the national average at $842/month, and a strong job market with an unemployment rate of just 2.7%. Additionally, the city features a low poverty rate of 9.8%, better than the national average.
Potential considerations include median household income ($66,944) that falls below the national average. However, Boyd’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Boyd has a population of 1,488 with a median age of 39.6 years. Compare Boyd with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Boyd
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bovina | 1,490 | $42,833 | $111,900 | Compare |
| Hubbard | 1,492 | $47,284 | $115,600 | Compare |
| Lexington | 1,493 | $59,821 | $186,100 | Compare |
| Lakeside town (Tarrant County), Texas | 1,495 | $108,214 | $320,200 | Compare |
| Brownsboro | 1,479 | $65,250 | $180,700 | Compare |
| LaCoste | 1,497 | $73,289 | $74,600 | Compare |
| Franklin | 1,498 | $54,688 | $171,000 | Compare |
| Munday | 1,478 | $58,311 | $56,000 | 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 Boyd With Other Cities
Frequently Asked Questions about Boyd
What is the population of Boyd, TX?
The population of Boyd, TX is 1,488 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 Boyd?
The median household income in Boyd, TX is $66,944 per year, which is 11% below the national median of $75,149.
What is the median home value in Boyd?
The median home value in Boyd, TX is $230,700, which is 6% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Boyd?
The median monthly rent in Boyd, TX is $842, which is 28% below the national average of $1,163/month.
What is the unemployment rate in Boyd?
The unemployment rate in Boyd, TX is 2.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Boyd, TX a good place to live?
Boyd offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,488 and a median age of 39.6, the city appeals to a broad range of residents.
How educated is Boyd, TX?
12.1% of residents in Boyd 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 Boyd?
Key cost-of-living indicators for Boyd, TX: median home value is $230,700 (6% below national), median rent is $842/month, and median household income is $66,944. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Boyd?
The poverty rate in Boyd, TX is 9.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Boyd, TX?
Boyd's population is 26.4% White, 3.2% Hispanic or Latino, 0.0% Black or African American, 0.9% Asian, and 1.3% two or more races. 9.4% of residents are foreign-born.