Parker, TX
Population 5,776 · Texas
About Parker, TX
Parker is a small town located in Texas with a population of 5,776 residents according to the latest US Census Bureau American Community Survey data. The median household income is $216,179 per year, which is 188% above the national median of $75,149. The median age of 45.5 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 Parker features a median home value of $852,000, which is 248% above the national median of $244,900. This places Parker in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 1,657 total housing units, 98% are owner-occupied (1,525 units) and 2% are renter-occupied (28 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Parker shows an unemployment rate of 1.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Parker have an average one-way commute time of 27.1 minutes.
Education & Demographics
66.3% of Parker 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 3.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 17.2% of the population being foreign-born.
How Parker Ranks in Texas
Cost of Living in Parker, TX
Compared to national averages, Parker has a median household income of $216,179 (188% above the national median of $75,149). Home values average $852,000, which is 248% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Texas, Parker's income is 197% above the state average of $72,726, and home values are 302% above the state median of $211,769.
Why Live in Parker, TX?
Parker offers a strong local economy with a median household income of $216,179, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 1.5%. Additionally, the city features a well-educated community where 66.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $852,000. However, Parker’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Parker has a population of 5,776 with a median age of 45.5 years. Compare Parker with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Parker
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| San Leon | 5,764 | $76,573 | $166,700 | Compare |
| Slaton | 5,811 | $54,380 | $86,400 | Compare |
| Windcrest | 5,815 | $95,329 | $276,900 | Compare |
| Shady Hollow | 5,821 | $168,477 | $644,300 | Compare |
| Livingston | 5,728 | $52,385 | $158,100 | Compare |
| Hutchins | 5,713 | $45,250 | $95,500 | Compare |
| Elsa | 5,688 | $55,519 | $90,600 | Compare |
| Kermit | 5,681 | $90,181 | $119,300 | 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 Parker With Other Cities
Frequently Asked Questions about Parker
What is the population of Parker, TX?
The population of Parker, TX is 5,776 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 Parker?
The median household income in Parker, TX is $216,179 per year, which is 188% above the national median of $75,149.
What is the median home value in Parker?
The median home value in Parker, TX is $852,000, which is 248% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Parker?
The median monthly rent in Parker, TX is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Parker?
The unemployment rate in Parker, TX is 1.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Parker, TX a good place to live?
Parker offers above-average incomes, a competitive housing market, and a strong job market. With a population of 5,776 and a median age of 45.5, the city appeals to established professionals and retirees.
How educated is Parker, TX?
66.3% of residents in Parker 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 Parker?
Key cost-of-living indicators for Parker, TX: median home value is $852,000 (248% above national), median rent is $0/month, and median household income is $216,179. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Parker?
The poverty rate in Parker, TX is 1.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Parker, TX?
Parker's population is 3.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 11.9% two or more races. 17.2% of residents are foreign-born.