Hereford, TX
Population 14,874 · Texas
About Hereford, TX
Hereford is a mid-sized city located in Texas with a population of 14,874 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,799 per year, which is 31% below the national median of $75,149. The median age of 30 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 Hereford features a median home value of $109,100, which is 55% below the national median of $244,900. This makes Hereford one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $934, 20% below the national average of $1,163/month. Of the 5,556 total housing units, 64% are owner-occupied (3,138 units) and 36% are renter-occupied (1,741 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Hereford shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 14.4%, above the national average of 12.4%. Workers in Hereford have an average one-way commute time of 16.4 minutes, one of the shorter commutes in the region.
Education & Demographics
10.1% of Hereford 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 75.5% White, 2.1% Hispanic or Latino, 0.9% Black or African American, and 3.4% Asian residents, with 17.7% of the population being foreign-born.
Cost of Living in Hereford, TX
Compared to national averages, Hereford has a median household income of $51,799 (31% below the national median of $75,149). Home values average $109,100, which is 55% below the national median. Monthly rent at $934 is 20% below the US average of $1,163. Within Texas, Hereford's income is 29% below the state average of $72,726, and home values are 48% below the state median of $211,769.
Why Live in Hereford, TX?
Hereford offers affordable housing with a median home value of $109,100, below the US average of $244,900, and rent that’s lower than the national average at $934/month, and short commute times averaging just 16.4 minutes.
Potential considerations include median household income ($51,799) that falls below the national average. However, Hereford’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hereford has a population of 14,874 with a median age of 30 years. Compare Hereford with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Hereford
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| West University Place | 14,907 | $250,001 | $1,406,600 | Compare |
| Lockhart | 14,708 | $67,252 | $218,400 | Compare |
| Mineral Wells | 15,130 | $54,210 | $146,100 | Compare |
| Rio Grande City | 15,258 | $41,369 | $113,400 | Compare |
| Uvalde | 15,344 | $50,967 | $131,600 | Compare |
| Dumas | 14,362 | $62,129 | $151,400 | Compare |
| Canyon | 15,398 | $68,233 | $218,300 | Compare |
| Aldine | 15,434 | $40,916 | $104,600 | 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 Hereford With Other Cities
Frequently Asked Questions about Hereford
What is the population of Hereford, TX?
The population of Hereford, TX is 14,874 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 Hereford?
The median household income in Hereford, TX is $51,799 per year, which is 31% below the national median of $75,149.
What is the median home value in Hereford?
The median home value in Hereford, TX is $109,100, which is 55% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hereford?
The median monthly rent in Hereford, TX is $934, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Hereford?
The unemployment rate in Hereford, TX is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hereford, TX a good place to live?
Hereford offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 14,874 and a median age of 30, the city appeals to young professionals and families.
How educated is Hereford, TX?
10.1% of residents in Hereford 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 Hereford?
Key cost-of-living indicators for Hereford, TX: median home value is $109,100 (55% below national), median rent is $934/month, and median household income is $51,799. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hereford?
The poverty rate in Hereford, TX is 14.4%, 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 Hereford, TX?
Hereford's population is 75.5% White, 2.1% Hispanic or Latino, 0.9% Black or African American, 3.4% Asian, and 1.0% two or more races. 17.7% of residents are foreign-born.