Hedley, TX
Population 268 · Texas
About Hedley, TX
Hedley is a small community located in Texas with a population of 268 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,000 per year, which is 33% below the national median of $75,149. The median age of 40.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Hedley features a median home value of $38,900, which is 84% below the national median of $244,900. This makes Hedley one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $634, 45% below the national average of $1,163/month. Of the 199 total housing units, 79% are owner-occupied (95 units) and 21% are renter-occupied (25 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hedley 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 13.1%, above the national average of 12.4%. Workers in Hedley have an average one-way commute time of 20.5 minutes.
Education & Demographics
28.9% of Hedley residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 6.3% White, 0.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 5.2% of the population being foreign-born.
How Hedley Ranks in Texas
Cost of Living in Hedley, TX
Compared to national averages, Hedley has a median household income of $50,000 (33% below the national median of $75,149). Home values average $38,900, which is 84% below the national median. Monthly rent at $634 is 45% below the US average of $1,163. Within Texas, Hedley's income is 31% below the state average of $72,726, and home values are 82% below the state median of $211,769.
Why Live in Hedley, TX?
Hedley offers affordable housing with a median home value of $38,900, below the US average of $244,900, and rent that’s lower than the national average at $634/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 20.5 minutes.
Potential considerations include median household income ($50,000) that falls below the national average. However, Hedley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hedley has a population of 268 with a median age of 40.7 years. Compare Hedley with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Hedley
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lockett | 268 | $0 | $65,400 | Compare |
| Enchanted Oaks | 267 | $106,250 | $354,500 | Compare |
| Hilltop CDP (Starr County), Texas | 269 | $0 | $0 | Compare |
| Myra | 267 | $74,643 | $97,800 | Compare |
| Industry | 270 | $77,708 | $292,300 | Compare |
| La Victoria | 266 | $111,250 | $182,000 | Compare |
| Rancho Banquete | 266 | $0 | $0 | Compare |
| Marathon | 271 | $45,100 | $143,500 | 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 Hedley With Other Cities
Frequently Asked Questions about Hedley
What is the population of Hedley, TX?
The population of Hedley, TX is 268 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 Hedley?
The median household income in Hedley, TX is $50,000 per year, which is 33% below the national median of $75,149.
What is the median home value in Hedley?
The median home value in Hedley, TX is $38,900, which is 84% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hedley?
The median monthly rent in Hedley, TX is $634, which is 45% below the national average of $1,163/month.
What is the unemployment rate in Hedley?
The unemployment rate in Hedley, 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 Hedley, TX a good place to live?
Hedley offers a moderate cost of living, affordable housing, and a strong job market. With a population of 268 and a median age of 40.7, the city appeals to a broad range of residents.
How educated is Hedley, TX?
28.9% of residents in Hedley 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 Hedley?
Key cost-of-living indicators for Hedley, TX: median home value is $38,900 (84% below national), median rent is $634/month, and median household income is $50,000. The home-value-to-income ratio is 0.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hedley?
The poverty rate in Hedley, TX is 13.1%, 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 Hedley, TX?
Hedley's population is 6.3% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 5.2% of residents are foreign-born.