Krum, TX
Population 5,896 · Texas
About Krum, TX
Krum is a small town located in Texas with a population of 5,896 residents according to the latest US Census Bureau American Community Survey data. The median household income is $111,316 per year, which is 48% above the national median of $75,149. The median age of 36.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Krum features a median home value of $286,300, which is 17% above the national median of $244,900. This positions Krum in a moderately priced market relative to the rest of the country. Median monthly rent is $1,669, 44% above the national average of $1,163/month. Of the 1,979 total housing units, 77% are owner-occupied (1,514 units) and 23% are renter-occupied (449 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Krum shows an unemployment rate of 0.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Krum have an average one-way commute time of 29.7 minutes.
Education & Demographics
36.9% of Krum 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 4.9% White, 1.6% Hispanic or Latino, 0.0% Black or African American, and 1.3% Asian residents, with 5.0% of the population being foreign-born.
Cost of Living in Krum, TX
Compared to national averages, Krum has a median household income of $111,316 (48% above the national median of $75,149). Home values average $286,300, which is 17% above the national median. Monthly rent at $1,669 is 44% above the US average of $1,163. Within Texas, Krum's income is 53% above the state average of $72,726, and home values are 35% above the state median of $211,769.
Why Live in Krum, TX?
Krum offers a strong local economy with a median household income of $111,316, well above the national average, and a strong job market with an unemployment rate of just 0.9%, and a well-educated community where 36.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.1%, better than the national average.
Krum has a population of 5,896 with a median age of 36.6 years. Compare Krum with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Krum
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hempstead | 5,899 | $58,288 | $145,700 | 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.
Compare Krum With Other Cities
Frequently Asked Questions about Krum
What is the population of Krum, TX?
The population of Krum, TX is 5,896 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Texas.
What is the median household income in Krum?
The median household income in Krum, TX is $111,316 per year, which is 48% above the national median of $75,149.
What is the median home value in Krum?
The median home value in Krum, TX is $286,300, which is 17% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Krum?
The median monthly rent in Krum, TX is $1,669, which is 44% above the national average of $1,163/month.
What is the unemployment rate in Krum?
The unemployment rate in Krum, TX is 0.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Krum, TX a good place to live?
Krum offers above-average incomes, a competitive housing market, and a strong job market. With a population of 5,896 and a median age of 36.6, the city appeals to a broad range of residents.
How educated is Krum, TX?
36.9% of residents in Krum 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 Krum?
Key cost-of-living indicators for Krum, TX: median home value is $286,300 (17% above national), median rent is $1,669/month, and median household income is $111,316. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Krum?
The poverty rate in Krum, TX is 6.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Krum, TX?
Krum's population is 4.9% White, 1.6% Hispanic or Latino, 0.0% Black or African American, 1.3% Asian, and 0.7% two or more races. 5.0% of residents are foreign-born.