Floydada, TX
Population 2,618 · Texas
About Floydada, TX
Floydada is a small town located in Texas with a population of 2,618 residents according to the latest US Census Bureau American Community Survey data. The median household income is $45,848 per year, which is 39% below the national median of $75,149. The median age of 33.1 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 Floydada features a median home value of $83,400, which is 66% below the national median of $244,900. This makes Floydada one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $510, 56% below the national average of $1,163/month. Of the 1,228 total housing units, 72% are owner-occupied (655 units) and 28% are renter-occupied (260 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Floydada shows an unemployment rate of 1.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 20.0%, above the national average of 12.4%. Workers in Floydada have an average one-way commute time of 22.2 minutes.
Education & Demographics
20.8% of Floydada 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 55.4% White, 1.1% Hispanic or Latino, 0.0% Black or African American, and 2.6% Asian residents, with 7.7% of the population being foreign-born.
How Floydada Ranks in Texas
Cost of Living in Floydada, TX
Compared to national averages, Floydada has a median household income of $45,848 (39% below the national median of $75,149). Home values average $83,400, which is 66% below the national median. Monthly rent at $510 is 56% below the US average of $1,163. Within Texas, Floydada's income is 37% below the state average of $72,726, and home values are 61% below the state median of $211,769.
Why Live in Floydada, TX?
Floydada offers affordable housing with a median home value of $83,400, below the US average of $244,900, and rent that’s lower than the national average at $510/month, and a strong job market with an unemployment rate of just 1.9%. Additionally, the city features short commute times averaging just 22.2 minutes.
Potential considerations include median household income ($45,848) that falls below the national average. However, Floydada’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Floydada has a population of 2,618 with a median age of 33.1 years. Compare Floydada with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Floydada
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Westworth Village | 2,618 | $90,750 | $330,000 | Compare |
| Panhandle | 2,613 | $86,354 | $151,800 | Compare |
| Pottsboro | 2,624 | $75,909 | $246,300 | Compare |
| Troy | 2,628 | $81,193 | $188,200 | Compare |
| Seymour | 2,607 | $38,984 | $90,000 | Compare |
| Briarcliff | 2,630 | $129,524 | $477,400 | Compare |
| Merkel | 2,630 | $62,368 | $99,000 | Compare |
| Overton | 2,633 | $76,384 | $114,100 | 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 Floydada With Other Cities
Frequently Asked Questions about Floydada
What is the population of Floydada, TX?
The population of Floydada, TX is 2,618 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 Floydada?
The median household income in Floydada, TX is $45,848 per year, which is 39% below the national median of $75,149.
What is the median home value in Floydada?
The median home value in Floydada, TX is $83,400, which is 66% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Floydada?
The median monthly rent in Floydada, TX is $510, which is 56% below the national average of $1,163/month.
What is the unemployment rate in Floydada?
The unemployment rate in Floydada, TX is 1.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Floydada, TX a good place to live?
Floydada offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,618 and a median age of 33.1, the city appeals to young professionals and families.
How educated is Floydada, TX?
20.8% of residents in Floydada 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 Floydada?
Key cost-of-living indicators for Floydada, TX: median home value is $83,400 (66% below national), median rent is $510/month, and median household income is $45,848. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Floydada?
The poverty rate in Floydada, TX is 20.0%, 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 Floydada, TX?
Floydada's population is 55.4% White, 1.1% Hispanic or Latino, 0.0% Black or African American, 2.6% Asian, and 3.9% two or more races. 7.7% of residents are foreign-born.