Electra, TX
Population 2,259 · Texas
About Electra, TX
Electra is a small town located in Texas with a population of 2,259 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,125 per year, which is 15% below the national median of $75,149. The median age of 41.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Electra features a median home value of $52,300, which is 79% below the national median of $244,900. This makes Electra one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $761, 35% below the national average of $1,163/month. Of the 1,220 total housing units, 66% are owner-occupied (607 units) and 34% are renter-occupied (313 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Electra shows an unemployment rate of 4.4%, which is near the national rate of 3.7%. The poverty rate stands at 20.9%, above the national average of 12.4%. Workers in Electra have an average one-way commute time of 22.7 minutes.
Education & Demographics
17.6% of Electra 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 20.4% White, 1.9% Hispanic or Latino, 0.0% Black or African American, and 1.3% Asian residents, with 1.4% of the population being foreign-born.
Cost of Living in Electra, TX
Compared to national averages, Electra has a median household income of $64,125 (15% below the national median of $75,149). Home values average $52,300, which is 79% below the national median. Monthly rent at $761 is 35% below the US average of $1,163. Within Texas, Electra's income is 12% below the state average of $72,726, and home values are 75% below the state median of $211,769.
Why Live in Electra, TX?
Electra offers affordable housing with a median home value of $52,300, below the US average of $244,900, and rent that’s lower than the national average at $761/month, and short commute times averaging just 22.7 minutes.
Potential considerations include median household income ($64,125) that falls below the national average. However, Electra’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Electra has a population of 2,259 with a median age of 41.6 years. Compare Electra with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Electra
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Monte Alto | 2,260 | $40,920 | $96,400 | Compare |
| Copper Canyon | 2,257 | $143,304 | $700,100 | Compare |
| Pelican Bay | 2,271 | $57,105 | $140,000 | Compare |
| Montgomery | 2,272 | $78,333 | $366,600 | Compare |
| Inez | 2,280 | $81,760 | $175,400 | Compare |
| Shiner | 2,284 | $95,380 | $219,800 | Compare |
| Memphis | 2,231 | $46,567 | $74,700 | Compare |
| Olmos Park | 2,228 | $172,434 | $887,000 | 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 Electra With Other Cities
Frequently Asked Questions about Electra
What is the population of Electra, TX?
The population of Electra, TX is 2,259 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 Electra?
The median household income in Electra, TX is $64,125 per year, which is 15% below the national median of $75,149.
What is the median home value in Electra?
The median home value in Electra, TX is $52,300, which is 79% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Electra?
The median monthly rent in Electra, TX is $761, which is 35% below the national average of $1,163/month.
What is the unemployment rate in Electra?
The unemployment rate in Electra, TX is 4.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Electra, TX a good place to live?
Electra offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,259 and a median age of 41.6, the city appeals to a broad range of residents.
How educated is Electra, TX?
17.6% of residents in Electra 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 Electra?
Key cost-of-living indicators for Electra, TX: median home value is $52,300 (79% below national), median rent is $761/month, and median household income is $64,125. The home-value-to-income ratio is 0.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Electra?
The poverty rate in Electra, TX is 20.9%, 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 Electra, TX?
Electra's population is 20.4% White, 1.9% Hispanic or Latino, 0.0% Black or African American, 1.3% Asian, and 4.3% two or more races. 1.4% of residents are foreign-born.