Highland Village, TX
Population 16,004 · Texas
About Highland Village, TX
Highland Village is a mid-sized city located in Texas with a population of 16,004 residents according to the latest US Census Bureau American Community Survey data. The median household income is $164,459 per year, which is 119% above the national median of $75,149. The median age of 43.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Highland Village features a median home value of $493,400, which is 101% above the national median of $244,900. This places Highland Village in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,434, 109% above the national average of $1,163/month. Of the 5,545 total housing units, 92% are owner-occupied (4,975 units) and 8% are renter-occupied (405 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Highland Village shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Highland Village have an average one-way commute time of 26.1 minutes.
Education & Demographics
55.1% of Highland Village residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 7.7% White, 1.1% Hispanic or Latino, 0.7% Black or African American, and 3.3% Asian residents, with 7.2% of the population being foreign-born.
Cost of Living in Highland Village, TX
Compared to national averages, Highland Village has a median household income of $164,459 (119% above the national median of $75,149). Home values average $493,400, which is 101% above the national median. Monthly rent at $2,434 is 109% above the US average of $1,163. Within Texas, Highland Village's income is 126% above the state average of $72,726, and home values are 133% above the state median of $211,769.
Why Live in Highland Village, TX?
Highland Village offers a strong local economy with a median household income of $164,459, well above the national average, and a strong job market with an unemployment rate of just 3.3%, and a well-educated community where 55.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $493,400. However, Highland Village’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Highland Village has a population of 16,004 with a median age of 43.1 years. Compare Highland Village with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Highland Village
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| South Houston | 16,017 | $52,611 | $176,100 | Compare |
| Gatesville | 16,058 | $54,802 | $162,000 | Compare |
| Mount Pleasant | 16,061 | $53,039 | $160,500 | Compare |
| Red Oak | 15,909 | $104,125 | $318,200 | Compare |
| Rendon | 15,894 | $107,618 | $328,100 | Compare |
| Live Oak | 15,875 | $78,092 | $227,800 | Compare |
| Sulphur Springs | 16,185 | $56,457 | $188,200 | Compare |
| Hewitt | 16,244 | $83,798 | $252,200 | 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 Highland Village With Other Cities
Frequently Asked Questions about Highland Village
What is the population of Highland Village, TX?
The population of Highland Village, TX is 16,004 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 Highland Village?
The median household income in Highland Village, TX is $164,459 per year, which is 119% above the national median of $75,149.
What is the median home value in Highland Village?
The median home value in Highland Village, TX is $493,400, which is 101% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Highland Village?
The median monthly rent in Highland Village, TX is $2,434, which is 109% above the national average of $1,163/month.
What is the unemployment rate in Highland Village?
The unemployment rate in Highland Village, TX is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Highland Village, TX a good place to live?
Highland Village offers above-average incomes, a competitive housing market, and a strong job market. With a population of 16,004 and a median age of 43.1, the city appeals to a broad range of residents.
How educated is Highland Village, TX?
55.1% of residents in Highland Village aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Highland Village?
Key cost-of-living indicators for Highland Village, TX: median home value is $493,400 (101% above national), median rent is $2,434/month, and median household income is $164,459. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Highland Village?
The poverty rate in Highland Village, TX is 2.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Highland Village, TX?
Highland Village's population is 7.7% White, 1.1% Hispanic or Latino, 0.7% Black or African American, 3.3% Asian, and 4.7% two or more races. 7.2% of residents are foreign-born.