Hempstead, TX
Population 5,899 · Texas
About Hempstead, TX
Hempstead is a small community in Texas with a population of 5,899 residents. The median household income is $58,288 per year, which is near the national average. The median age in Hempstead is 27.2 years.
Housing in Hempstead has a median home value of $145,700 and median monthly rent of $1,282. Of the 2,061 total housing units, renting is more common than owning, with 638 owner-occupied and 1,271 renter-occupied units.
The unemployment rate in Hempstead is 1.7% and the poverty rate is 14.1%. 7.7% of residents hold a bachelor's degree or higher. The average commute time is 32.5 minutes.
Cost of Living in Hempstead, TX
Compared to national averages, Hempstead has a median household income of $58,288 (22% below the national median of $75,149). Home values average $145,700, which is 41% below the national median. Monthly rent at $1,282 is 10% above the US average of $1,163. Within Texas, Hempstead's income is 20% below the state average of $72,726, and home values are 31% below the state median of $211,769.
Why Live in Hempstead, TX?
Hempstead offers affordable housing with a median home value of $145,700, below the US average of $244,900, and a strong job market with an unemployment rate of just 1.7%.
Potential considerations include median household income ($58,288) that falls below the national average. However, Hempstead’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hempstead has a population of 5,899 with a median age of 27.2 years. Compare Hempstead with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Hempstead
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Krum | 5,896 | $111,316 | $286,300 | Compare |
| Wake Village | 5,887 | $69,796 | $172,900 | Compare |
| Littlefield | 5,886 | $56,312 | $75,400 | Compare |
| Wilmer | 5,876 | $58,837 | $111,200 | Compare |
| Venus | 5,874 | $97,039 | $253,500 | Compare |
| Lakehills | 5,872 | $85,409 | $242,000 | Compare |
| Childress | 5,964 | $59,662 | $84,200 | Compare |
| Shady Hollow | 5,821 | $168,477 | $644,300 | 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.
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Frequently Asked Questions about Hempstead
What is the population of Hempstead, TX?
The population of Hempstead, TX is 5,899 according to the latest Census data.
What is the median household income in Hempstead?
The median household income in Hempstead, TX is $58,288 per year.
What is the median home value in Hempstead?
The median home value in Hempstead, TX is $145,700.
What is the average rent in Hempstead?
The median monthly rent in Hempstead, TX is $1,282.
What is the unemployment rate in Hempstead?
The unemployment rate in Hempstead, TX is 1.7%.