Garwood, TX
Population 415 · Texas
About Garwood, TX
Garwood is a small community located in Texas with a population of 415 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,875 per year, which is 38% below the national median of $75,149. The median age of 28.5 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 Garwood features a median home value of $243,300, which is 1% below the national median of $244,900. This positions Garwood in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 190 total housing units, 55% are owner-occupied (77 units) and 45% are renter-occupied (63 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Garwood shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 29.6%, above the national average of 12.4%. Workers in Garwood have an average one-way commute time of 28.2 minutes.
Education & Demographics
22.7% of Garwood 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 35.9% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 15.9% of the population being foreign-born.
Cost of Living in Garwood, TX
Compared to national averages, Garwood has a median household income of $46,875 (38% below the national median of $75,149). Home values average $243,300, which is 1% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Texas, Garwood's income is 36% below the state average of $72,726, and home values are 15% above the state median of $211,769.
Why Live in Garwood, TX?
Garwood offers affordable housing with a median home value of $243,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($46,875) that falls below the national average. However, Garwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Garwood has a population of 415 with a median age of 28.5 years. Compare Garwood with other cities to see how it stacks up, or explore all cities in Texas.
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Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Garwood
What is the population of Garwood, TX?
The population of Garwood, TX is 415 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Texas.
What is the median household income in Garwood?
The median household income in Garwood, TX is $46,875 per year, which is 38% below the national median of $75,149.
What is the median home value in Garwood?
The median home value in Garwood, TX is $243,300, which is 1% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Garwood?
The median monthly rent in Garwood, TX is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Garwood?
The unemployment rate in Garwood, TX is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Garwood, TX a good place to live?
Garwood offers a moderate cost of living, affordable housing, and a strong job market. With a population of 415 and a median age of 28.5, the city appeals to young professionals and families.
How educated is Garwood, TX?
22.7% of residents in Garwood 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 Garwood?
Key cost-of-living indicators for Garwood, TX: median home value is $243,300 (1% below national), median rent is $0/month, and median household income is $46,875. The home-value-to-income ratio is 5.2x, a moderate figure by national standards.
What is the poverty rate in Garwood?
The poverty rate in Garwood, TX is 29.6%, 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 Garwood, TX?
Garwood's population is 35.9% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 15.9% of residents are foreign-born.