Ferris, TX
Population 2,932 · Texas
About Ferris, TX
Ferris is a small town located in Texas with a population of 2,932 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,583 per year, which is 5% below the national median of $75,149. The median age of 30.3 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 Ferris features a median home value of $219,600, which is 10% below the national median of $244,900. This positions Ferris in a moderately priced market relative to the rest of the country. Median monthly rent is $1,145, 2% below the national average of $1,163/month. Of the 1,018 total housing units, 68% are owner-occupied (638 units) and 32% are renter-occupied (297 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ferris shows an unemployment rate of 0.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ferris have an average one-way commute time of 31.3 minutes.
Education & Demographics
17.6% of Ferris 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 52.9% White, 7.7% Hispanic or Latino, 0.0% Black or African American, and 3.6% Asian residents, with 8.0% of the population being foreign-born.
How Ferris Ranks in Texas
Cost of Living in Ferris, TX
Compared to national averages, Ferris has a median household income of $71,583 (5% below the national median of $75,149). Home values average $219,600, which is 10% below the national median. Monthly rent at $1,145 is 2% below the US average of $1,163. Within Texas, Ferris's income is 2% below the state average of $72,726, and home values are 4% above the state median of $211,769.
Why Live in Ferris, TX?
Ferris offers affordable housing with a median home value of $219,600, below the US average of $244,900, and rent that’s lower than the national average at $1,145/month, and a strong job market with an unemployment rate of just 0.6%. Additionally, the city features a low poverty rate of 9.7%, better than the national average.
Potential considerations include median household income ($71,583) that falls below the national average. However, Ferris’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ferris has a population of 2,932 with a median age of 30.3 years. Compare Ferris with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Ferris
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| La Villa | 2,931 | $50,917 | $115,700 | Compare |
| Shallowater | 2,935 | $79,848 | $210,400 | Compare |
| Hackberry | 2,927 | $118,000 | $386,500 | Compare |
| Barrett | 2,938 | $70,594 | $133,600 | 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 Ferris With Other Cities
Frequently Asked Questions about Ferris
What is the population of Ferris, TX?
The population of Ferris, TX is 2,932 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 Ferris?
The median household income in Ferris, TX is $71,583 per year, which is 5% below the national median of $75,149.
What is the median home value in Ferris?
The median home value in Ferris, TX is $219,600, which is 10% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ferris?
The median monthly rent in Ferris, TX is $1,145, which is 2% below the national average of $1,163/month.
What is the unemployment rate in Ferris?
The unemployment rate in Ferris, TX is 0.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ferris, TX a good place to live?
Ferris offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,932 and a median age of 30.3, the city appeals to young professionals and families.
How educated is Ferris, TX?
17.6% of residents in Ferris 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 Ferris?
Key cost-of-living indicators for Ferris, TX: median home value is $219,600 (10% below national), median rent is $1,145/month, and median household income is $71,583. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ferris?
The poverty rate in Ferris, TX is 9.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ferris, TX?
Ferris's population is 52.9% White, 7.7% Hispanic or Latino, 0.0% Black or African American, 3.6% Asian, and 18.9% two or more races. 8.0% of residents are foreign-born.