Panhandle, TX
Population 2,613 · Texas
About Panhandle, TX
Panhandle is a small community in Texas with a population of 2,613 residents. The median household income is $86,354 per year, which is above the national average. The median age in Panhandle is 46.9 years.
Housing in Panhandle has a median home value of $151,800 and median monthly rent of $981. Of the 1,229 total housing units, the majority are owner-occupied, with 834 owner-occupied and 301 renter-occupied units.
The unemployment rate in Panhandle is 0.2% and the poverty rate is 6.9%. 35.3% of residents hold a bachelor's degree or higher. The average commute time is 21.4 minutes.
How Panhandle Ranks in Texas
Cost of Living in Panhandle, TX
Compared to national averages, Panhandle has a median household income of $86,354 (15% above the national median of $75,149). Home values average $151,800, which is 38% below the national median. Monthly rent at $981 is 16% below the US average of $1,163. Within Texas, Panhandle's income is 19% above the state average of $72,726, and home values are 28% below the state median of $211,769.
Why Live in Panhandle, TX?
Panhandle offers a strong local economy with a median household income of $86,354, well above the national average, and affordable housing with a median home value of $151,800, below the US average of $244,900, and rent that’s lower than the national average at $981/month. Additionally, the city features a strong job market with an unemployment rate of just 0.2%, and a well-educated community where 35.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.9%, better than the national average, and short commute times averaging just 21.4 minutes.
Panhandle has a population of 2,613 with a median age of 46.9 years. Compare Panhandle with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Panhandle
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Floydada | 2,618 | $45,848 | $83,400 | Compare |
| Westworth Village | 2,618 | $90,750 | $330,000 | Compare |
| Seymour | 2,607 | $38,984 | $90,000 | Compare |
| Pottsboro | 2,624 | $75,909 | $246,300 | Compare |
| Troy | 2,628 | $81,193 | $188,200 | Compare |
| Briarcliff | 2,630 | $129,524 | $477,400 | Compare |
| Merkel | 2,630 | $62,368 | $99,000 | Compare |
| Palmhurst | 2,595 | $82,629 | $266,700 | 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 Panhandle
What is the population of Panhandle, TX?
The population of Panhandle, TX is 2,613 according to the latest Census data.
What is the median household income in Panhandle?
The median household income in Panhandle, TX is $86,354 per year.
What is the median home value in Panhandle?
The median home value in Panhandle, TX is $151,800.
What is the average rent in Panhandle?
The median monthly rent in Panhandle, TX is $981.
What is the unemployment rate in Panhandle?
The unemployment rate in Panhandle, TX is 0.2%.