Perryton, TX
Population 8,625 · Texas
About Perryton, TX
Perryton is a small town located in Texas with a population of 8,625 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,192 per year, which is 15% below the national median of $75,149. The median age of 33.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Perryton features a median home value of $130,800, which is 47% below the national median of $244,900. This makes Perryton one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $910, 22% below the national average of $1,163/month. Of the 3,719 total housing units, 69% are owner-occupied (2,264 units) and 31% are renter-occupied (1,022 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Perryton 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 17.1%, above the national average of 12.4%. Workers in Perryton have an average one-way commute time of 17.3 minutes, one of the shorter commutes in the region.
Education & Demographics
19.2% of Perryton 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 60.6% White, 1.8% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 33.3% of the population being foreign-born.
Cost of Living in Perryton, TX
Compared to national averages, Perryton has a median household income of $64,192 (15% below the national median of $75,149). Home values average $130,800, which is 47% below the national median. Monthly rent at $910 is 22% below the US average of $1,163. Within Texas, Perryton's income is 12% below the state average of $72,726, and home values are 38% below the state median of $211,769.
Why Live in Perryton, TX?
Perryton offers affordable housing with a median home value of $130,800, below the US average of $244,900, and rent that’s lower than the national average at $910/month, and a strong job market with an unemployment rate of just 1.1%. Additionally, the city features short commute times averaging just 17.3 minutes.
Potential considerations include median household income ($64,192) that falls below the national average. However, Perryton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Perryton has a population of 8,625 with a median age of 33.1 years. Compare Perryton with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Perryton
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wharton | 8,671 | $47,692 | $149,300 | Compare |
| Sonterra | 8,576 | $94,728 | $260,100 | Compare |
| Lamesa | 8,527 | $50,533 | $85,800 | Compare |
| Murillo | 8,511 | $68,140 | $155,600 | Compare |
| Hondo | 8,508 | $58,773 | $215,800 | Compare |
| Graham | 8,758 | $58,525 | $173,000 | Compare |
| Liberty | 8,491 | $52,341 | $127,200 | Compare |
| Highland Park | 8,774 | $250,001 | $1,887,300 | 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 Perryton With Other Cities
Frequently Asked Questions about Perryton
What is the population of Perryton, TX?
The population of Perryton, TX is 8,625 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 Perryton?
The median household income in Perryton, TX is $64,192 per year, which is 15% below the national median of $75,149.
What is the median home value in Perryton?
The median home value in Perryton, TX is $130,800, which is 47% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Perryton?
The median monthly rent in Perryton, TX is $910, which is 22% below the national average of $1,163/month.
What is the unemployment rate in Perryton?
The unemployment rate in Perryton, 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 Perryton, TX a good place to live?
Perryton offers a moderate cost of living, affordable housing, and a strong job market. With a population of 8,625 and a median age of 33.1, the city appeals to young professionals and families.
How educated is Perryton, TX?
19.2% of residents in Perryton 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 Perryton?
Key cost-of-living indicators for Perryton, TX: median home value is $130,800 (47% below national), median rent is $910/month, and median household income is $64,192. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Perryton?
The poverty rate in Perryton, TX is 17.1%, 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 Perryton, TX?
Perryton's population is 60.6% White, 1.8% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 0.0% two or more races. 33.3% of residents are foreign-born.