Hico, TX
Population 1,806 · Texas
About Hico, TX
Hico is a small community in Texas with a population of 1,806 residents. The median household income is $52,250 per year, which is near the national average. The median age in Hico is 36.6 years.
Housing in Hico has a median home value of $122,600 and median monthly rent of $725. Of the 738 total housing units, the majority are owner-occupied, with 461 owner-occupied and 168 renter-occupied units.
The unemployment rate in Hico is 3.6% and the poverty rate is 11.2%. 19.6% of residents hold a bachelor's degree or higher. The average commute time is 22.1 minutes.
Cost of Living in Hico, TX
Compared to national averages, Hico has a median household income of $52,250 (30% below the national median of $75,149). Home values average $122,600, which is 50% below the national median. Monthly rent at $725 is 38% below the US average of $1,163. Within Texas, Hico's income is 28% below the state average of $72,726, and home values are 42% below the state median of $211,769.
Why Live in Hico, TX?
Hico offers affordable housing with a median home value of $122,600, below the US average of $244,900, and rent that’s lower than the national average at $725/month, and a strong job market with an unemployment rate of just 3.6%. Additionally, the city features a low poverty rate of 11.2%, better than the national average, and short commute times averaging just 22.1 minutes.
Potential considerations include median household income ($52,250) that falls below the national average. However, Hico’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hico has a population of 1,806 with a median age of 36.6 years. Compare Hico with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Hico
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Buffalo | 1,804 | $47,428 | $62,300 | Compare |
| Las Quintas Fronterizas | 1,802 | $0 | $143,000 | Compare |
| Van Vleck | 1,812 | $63,682 | $146,300 | Compare |
| Siesta Acres | 1,814 | $32,425 | $160,200 | Compare |
| Ben Wheeler | 1,793 | $118,174 | $258,600 | Compare |
| Eden | 1,793 | $45,694 | $83,800 | Compare |
| Eldorado | 1,793 | $66,125 | $97,300 | Compare |
| Clarendon | 1,789 | $54,441 | $93,700 | 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 Hico
What is the population of Hico, TX?
The population of Hico, TX is 1,806 according to the latest Census data.
What is the median household income in Hico?
The median household income in Hico, TX is $52,250 per year.
What is the median home value in Hico?
The median home value in Hico, TX is $122,600.
What is the average rent in Hico?
The median monthly rent in Hico, TX is $725.
What is the unemployment rate in Hico?
The unemployment rate in Hico, TX is 3.6%.