Knollwood, TX
Population 488 · Texas
About Knollwood, TX
Knollwood is a small community located in Texas with a population of 488 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,250 per year, which is 18% below the national median of $75,149. The median age of 33.5 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 Knollwood features a median home value of $0, which is 100% below the national median of $244,900. This makes Knollwood one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,259, 8% above the national average of $1,163/month. Of the 302 total housing units, 32% are owner-occupied (88 units) and 68% are renter-occupied (191 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Knollwood shows an unemployment rate of 8.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 8.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Knollwood have an average one-way commute time of 22.8 minutes.
Education & Demographics
23.9% of Knollwood 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 7.8% White, 6.8% Hispanic or Latino, 0.0% Black or African American, and 1.0% Asian residents, with 9.6% of the population being foreign-born.
Cost of Living in Knollwood, TX
Compared to national averages, Knollwood has a median household income of $61,250 (18% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $1,259 is 8% above the US average of $1,163. Within Texas, Knollwood's income is 16% below the state average of $72,726, and home values are 100% below the state median of $211,769.
Why Live in Knollwood, TX?
Knollwood offers affordable housing with a median home value of $0, below the US average of $244,900, and a low poverty rate of 8.7%, better than the national average, and short commute times averaging just 22.8 minutes.
Potential considerations include median household income ($61,250) that falls below the national average. However, Knollwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Knollwood has a population of 488 with a median age of 33.5 years. Compare Knollwood with other cities to see how it stacks up, or explore all cities in Texas.
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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 Knollwood
What is the population of Knollwood, TX?
The population of Knollwood, TX is 488 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 Knollwood?
The median household income in Knollwood, TX is $61,250 per year, which is 18% below the national median of $75,149.
What is the median home value in Knollwood?
The median home value in Knollwood, TX is $0, which is 100% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Knollwood?
The median monthly rent in Knollwood, TX is $1,259, which is 8% above the national average of $1,163/month.
What is the unemployment rate in Knollwood?
The unemployment rate in Knollwood, TX is 8.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Knollwood, TX a good place to live?
Knollwood offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 488 and a median age of 33.5, the city appeals to young professionals and families.
How educated is Knollwood, TX?
23.9% of residents in Knollwood 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 Knollwood?
Key cost-of-living indicators for Knollwood, TX: median home value is $0 (100% below national), median rent is $1,259/month, and median household income is $61,250. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Knollwood?
The poverty rate in Knollwood, TX is 8.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Knollwood, TX?
Knollwood's population is 7.8% White, 6.8% Hispanic or Latino, 0.0% Black or African American, 1.0% Asian, and 4.9% two or more races. 9.6% of residents are foreign-born.