Munday, TX
Population 1,478 · Texas
About Munday, TX
Munday is a small town located in Texas with a population of 1,478 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,311 per year, which is 22% below the national median of $75,149. The median age of 36.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Munday features a median home value of $56,000, which is 77% below the national median of $244,900. This makes Munday one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $663, 43% below the national average of $1,163/month. Of the 635 total housing units, 88% are owner-occupied (439 units) and 12% are renter-occupied (61 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Munday shows an unemployment rate of 1.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Munday have an average one-way commute time of 12.9 minutes, one of the shorter commutes in the region.
Education & Demographics
16.7% of Munday 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 42.8% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 2.6% Asian residents, with 7.0% of the population being foreign-born.
Cost of Living in Munday, TX
Compared to national averages, Munday has a median household income of $58,311 (22% below the national median of $75,149). Home values average $56,000, which is 77% below the national median. Monthly rent at $663 is 43% below the US average of $1,163. Within Texas, Munday's income is 20% below the state average of $72,726, and home values are 74% below the state median of $211,769.
Why Live in Munday, TX?
Munday offers affordable housing with a median home value of $56,000, below the US average of $244,900, and rent that’s lower than the national average at $663/month, and a strong job market with an unemployment rate of just 1.1%. Additionally, the city features a low poverty rate of 9.8%, better than the national average, and short commute times averaging just 12.9 minutes.
Potential considerations include median household income ($58,311) that falls below the national average. However, Munday’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Munday has a population of 1,478 with a median age of 36.2 years. Compare Munday with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Munday
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Brownsboro | 1,479 | $65,250 | $180,700 | Compare |
| Sundown | 1,477 | $64,844 | $96,000 | Compare |
| Brookside Village | 1,474 | $94,643 | $301,300 | Compare |
| Brackettville | 1,471 | $31,341 | $57,100 | Compare |
| Boyd | 1,488 | $66,944 | $230,700 | Compare |
| Bovina | 1,490 | $42,833 | $111,900 | Compare |
| Hubbard | 1,492 | $47,284 | $115,600 | Compare |
| Lexington | 1,493 | $59,821 | $186,100 | 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 Munday With Other Cities
Frequently Asked Questions about Munday
What is the population of Munday, TX?
The population of Munday, TX is 1,478 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 Munday?
The median household income in Munday, TX is $58,311 per year, which is 22% below the national median of $75,149.
What is the median home value in Munday?
The median home value in Munday, TX is $56,000, which is 77% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Munday?
The median monthly rent in Munday, TX is $663, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Munday?
The unemployment rate in Munday, TX is 1.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Munday, TX a good place to live?
Munday offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,478 and a median age of 36.2, the city appeals to a broad range of residents.
How educated is Munday, TX?
16.7% of residents in Munday 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 Munday?
Key cost-of-living indicators for Munday, TX: median home value is $56,000 (77% below national), median rent is $663/month, and median household income is $58,311. The home-value-to-income ratio is 1.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Munday?
The poverty rate in Munday, TX is 9.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Munday, TX?
Munday's population is 42.8% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 2.6% Asian, and 0.7% two or more races. 7.0% of residents are foreign-born.