Payne Springs, TX
Population 648 · Texas
About Payne Springs, TX
Payne Springs is a small community located in Texas with a population of 648 residents according to the latest US Census Bureau American Community Survey data. The median household income is $42,841 per year, which is 43% below the national median of $75,149. The median age of 46.7 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 Payne Springs features a median home value of $170,200, which is 31% below the national median of $244,900. This positions Payne Springs in a moderately priced market relative to the rest of the country. Median monthly rent is $1,125, 3% below the national average of $1,163/month. Of the 410 total housing units, 74% are owner-occupied (207 units) and 26% are renter-occupied (72 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Payne Springs shows an unemployment rate of 1.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 20.4%, above the national average of 12.4%. Workers in Payne Springs have an average one-way commute time of 30.7 minutes.
Education & Demographics
15.0% of Payne Springs 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 3.9% White, 3.2% Hispanic or Latino, 0.0% Black or African American, and 0.8% Asian residents, with 1.2% of the population being foreign-born.
Cost of Living in Payne Springs, TX
Compared to national averages, Payne Springs has a median household income of $42,841 (43% below the national median of $75,149). Home values average $170,200, which is 31% below the national median. Monthly rent at $1,125 is 3% below the US average of $1,163. Within Texas, Payne Springs's income is 41% below the state average of $72,726, and home values are 20% below the state median of $211,769.
Why Live in Payne Springs, TX?
Payne Springs offers affordable housing with a median home value of $170,200, below the US average of $244,900, and rent that’s lower than the national average at $1,125/month, and a strong job market with an unemployment rate of just 1.2%.
Potential considerations include median household income ($42,841) that falls below the national average. However, Payne Springs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Payne Springs has a population of 648 with a median age of 46.7 years. Compare Payne Springs with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Payne Springs
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Blue Berry Hill | 648 | $45,965 | $0 | Compare |
| Cushing | 646 | $75,000 | $120,500 | Compare |
| Sunrise Shores | 650 | $37,462 | $52,300 | Compare |
| Wickett | 644 | $76,250 | $88,100 | Compare |
| Stockton Bend | 643 | $166,250 | $803,800 | Compare |
| Asherton | 654 | $22,985 | $83,300 | Compare |
| Retreat | 654 | $86,667 | $184,500 | Compare |
| Fabrica | 657 | $0 | $75,700 | 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.
Compare Payne Springs With Other Cities
Frequently Asked Questions about Payne Springs
What is the population of Payne Springs, TX?
The population of Payne Springs, TX is 648 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 Payne Springs?
The median household income in Payne Springs, TX is $42,841 per year, which is 43% below the national median of $75,149.
What is the median home value in Payne Springs?
The median home value in Payne Springs, TX is $170,200, which is 31% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Payne Springs?
The median monthly rent in Payne Springs, TX is $1,125, which is 3% below the national average of $1,163/month.
What is the unemployment rate in Payne Springs?
The unemployment rate in Payne Springs, TX is 1.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Payne Springs, TX a good place to live?
Payne Springs offers a moderate cost of living, affordable housing, and a strong job market. With a population of 648 and a median age of 46.7, the city appeals to established professionals and retirees.
How educated is Payne Springs, TX?
15.0% of residents in Payne Springs 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 Payne Springs?
Key cost-of-living indicators for Payne Springs, TX: median home value is $170,200 (31% below national), median rent is $1,125/month, and median household income is $42,841. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Payne Springs?
The poverty rate in Payne Springs, TX is 20.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Payne Springs, TX?
Payne Springs's population is 3.9% White, 3.2% Hispanic or Latino, 0.0% Black or African American, 0.8% Asian, and 0.0% two or more races. 1.2% of residents are foreign-born.