Friendswood, TX
Population 40,827 · Texas
About Friendswood, TX
Friendswood is a mid-sized city located in Texas with a population of 40,827 residents according to the latest US Census Bureau American Community Survey data. The median household income is $125,052 per year, which is 66% above the national median of $75,149. The median age of 39.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Friendswood features a median home value of $399,500, which is 63% above the national median of $244,900. This places Friendswood in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,698, 46% above the national average of $1,163/month. Of the 14,985 total housing units, 77% are owner-occupied (10,967 units) and 23% are renter-occupied (3,295 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Friendswood shows an unemployment rate of 4.9%, which is near the national rate of 3.7%. The poverty rate stands at 2.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Friendswood have an average one-way commute time of 28.8 minutes.
Education & Demographics
49.6% of Friendswood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 11.2% White, 1.8% Hispanic or Latino, 0.5% Black or African American, and 3.3% Asian residents, with 8.3% of the population being foreign-born.
Cost of Living in Friendswood, TX
Compared to national averages, Friendswood has a median household income of $125,052 (66% above the national median of $75,149). Home values average $399,500, which is 63% above the national median. Monthly rent at $1,698 is 46% above the US average of $1,163. Within Texas, Friendswood's income is 72% above the state average of $72,726, and home values are 89% above the state median of $211,769.
Why Live in Friendswood, TX?
Friendswood offers a strong local economy with a median household income of $125,052, well above the national average, and a well-educated community where 49.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $399,500. However, Friendswood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Friendswood has a population of 40,827 with a median age of 39.7 years. Compare Friendswood with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Friendswood
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lancaster | 40,753 | $67,584 | $229,900 | Compare |
| Weslaco | 41,437 | $54,995 | $119,200 | Compare |
| Hurst | 39,912 | $71,743 | $287,600 | Compare |
| Duncanville | 39,879 | $71,381 | $239,200 | Compare |
| Coppell | 42,029 | $139,227 | $525,300 | Compare |
| Rosenberg | 39,467 | $64,897 | $218,600 | Compare |
| Schertz | 43,128 | $96,633 | $292,100 | Compare |
| Channelview | 43,536 | $65,775 | $186,300 | 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 Friendswood With Other Cities
Frequently Asked Questions about Friendswood
What is the population of Friendswood, TX?
The population of Friendswood, TX is 40,827 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Texas.
What is the median household income in Friendswood?
The median household income in Friendswood, TX is $125,052 per year, which is 66% above the national median of $75,149.
What is the median home value in Friendswood?
The median home value in Friendswood, TX is $399,500, which is 63% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Friendswood?
The median monthly rent in Friendswood, TX is $1,698, which is 46% above the national average of $1,163/month.
What is the unemployment rate in Friendswood?
The unemployment rate in Friendswood, TX is 4.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Friendswood, TX a good place to live?
Friendswood offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 40,827 and a median age of 39.7, the city appeals to a broad range of residents.
How educated is Friendswood, TX?
49.6% of residents in Friendswood aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Friendswood?
Key cost-of-living indicators for Friendswood, TX: median home value is $399,500 (63% above national), median rent is $1,698/month, and median household income is $125,052. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Friendswood?
The poverty rate in Friendswood, TX is 2.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Friendswood, TX?
Friendswood's population is 11.2% White, 1.8% Hispanic or Latino, 0.5% Black or African American, 3.3% Asian, and 4.6% two or more races. 8.3% of residents are foreign-born.