Rancho Banquete, TX
Population 266 · Texas
About Rancho Banquete, TX
Rancho Banquete is a small community located in Texas with a population of 266 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 36.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Rancho Banquete features a median home value of $0, which is 100% below the national median of $244,900. This makes Rancho Banquete one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 60 total housing units, 79% are owner-occupied (44 units) and 21% are renter-occupied (12 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Rancho Banquete shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Rancho Banquete have an average one-way commute time of 54.7 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
0.0% of Rancho Banquete 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 51.1% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Rancho Banquete, TX
Compared to national averages, Rancho Banquete has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Texas, Rancho Banquete's income is 100% below the state average of $72,726, and home values are 100% below the state median of $211,769.
Why Live in Rancho Banquete, TX?
Rancho Banquete offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average.
Potential considerations include median household income ($0) that falls below the national average. However, Rancho Banquete’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Rancho Banquete has a population of 266 with a median age of 36.9 years. Compare Rancho Banquete with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Rancho Banquete
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| La Victoria | 266 | $111,250 | $182,000 | Compare |
| Enchanted Oaks | 267 | $106,250 | $354,500 | Compare |
| Myra | 267 | $74,643 | $97,800 | Compare |
| Hedley | 268 | $50,000 | $38,900 | Compare |
| Lockett | 268 | $0 | $65,400 | Compare |
| Hilltop CDP (Starr County), Texas | 269 | $0 | $0 | Compare |
| Industry | 270 | $77,708 | $292,300 | Compare |
| Nazareth | 262 | $75,000 | $208,600 | 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 Rancho Banquete With Other Cities
Frequently Asked Questions about Rancho Banquete
What is the population of Rancho Banquete, TX?
The population of Rancho Banquete, TX is 266 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 Rancho Banquete?
The median household income in Rancho Banquete, TX is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Rancho Banquete?
The median home value in Rancho Banquete, TX is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Rancho Banquete?
The median monthly rent in Rancho Banquete, TX is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Rancho Banquete?
The unemployment rate in Rancho Banquete, TX is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Rancho Banquete, TX a good place to live?
Rancho Banquete offers a moderate cost of living, affordable housing, and a strong job market. With a population of 266 and a median age of 36.9, the city appeals to a broad range of residents.
How educated is Rancho Banquete, TX?
0.0% of residents in Rancho Banquete 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 Rancho Banquete?
Key cost-of-living indicators for Rancho Banquete, TX: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Rancho Banquete?
The poverty rate in Rancho Banquete, TX is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Rancho Banquete, TX?
Rancho Banquete's population is 51.1% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.