Shallowater, TX
Population 2,935 · Texas
About Shallowater, TX
Shallowater is a small town located in Texas with a population of 2,935 residents according to the latest US Census Bureau American Community Survey data. The median household income is $79,848 per year, which is 6% above 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 Shallowater features a median home value of $210,400, which is 14% below the national median of $244,900. This positions Shallowater in a moderately priced market relative to the rest of the country. Median monthly rent is $1,179, 1% above the national average of $1,163/month. Of the 1,083 total housing units, 81% are owner-occupied (820 units) and 19% are renter-occupied (187 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Shallowater shows an unemployment rate of 4.4%, which is near the national rate of 3.7%. The poverty rate stands at 4.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Shallowater have an average one-way commute time of 18.5 minutes, one of the shorter commutes in the region.
Education & Demographics
26.7% of Shallowater residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 27.3% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 2.4% Asian residents, with 4.2% of the population being foreign-born.
Cost of Living in Shallowater, TX
Compared to national averages, Shallowater has a median household income of $79,848 (6% above the national median of $75,149). Home values average $210,400, which is 14% below the national median. Monthly rent at $1,179 is 1% above the US average of $1,163. Within Texas, Shallowater's income is 10% above the state average of $72,726, and home values are 1% below the state median of $211,769.
Why Live in Shallowater, TX?
Shallowater offers a strong local economy with a median household income of $79,848, well above the national average, and affordable housing with a median home value of $210,400, below the US average of $244,900, and a low poverty rate of 4.6%, better than the national average. Additionally, the city features short commute times averaging just 18.5 minutes.
Shallowater has a population of 2,935 with a median age of 36.9 years. Compare Shallowater with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Shallowater
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Barrett | 2,938 | $70,594 | $133,600 | Compare |
| Ferris | 2,932 | $71,583 | $219,600 | Compare |
| La Villa | 2,931 | $50,917 | $115,700 | Compare |
| Hackberry | 2,927 | $118,000 | $386,500 | Compare |
| Bushland | 2,950 | $146,339 | $371,000 | Compare |
| Hamilton | 2,904 | $46,466 | $95,000 | Compare |
| Stamford | 2,902 | $42,121 | $62,400 | Compare |
| Oak Trail Shores | 2,900 | $33,272 | $77,600 | 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 Shallowater With Other Cities
Frequently Asked Questions about Shallowater
What is the population of Shallowater, TX?
The population of Shallowater, TX is 2,935 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 Shallowater?
The median household income in Shallowater, TX is $79,848 per year, which is 6% above the national median of $75,149.
What is the median home value in Shallowater?
The median home value in Shallowater, TX is $210,400, which is 14% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Shallowater?
The median monthly rent in Shallowater, TX is $1,179, which is 1% above the national average of $1,163/month.
What is the unemployment rate in Shallowater?
The unemployment rate in Shallowater, TX is 4.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Shallowater, TX a good place to live?
Shallowater offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 2,935 and a median age of 36.9, the city appeals to a broad range of residents.
How educated is Shallowater, TX?
26.7% of residents in Shallowater 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 Shallowater?
Key cost-of-living indicators for Shallowater, TX: median home value is $210,400 (14% below national), median rent is $1,179/month, and median household income is $79,848. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Shallowater?
The poverty rate in Shallowater, TX is 4.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Shallowater, TX?
Shallowater's population is 27.3% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 2.4% Asian, and 0.7% two or more races. 4.2% of residents are foreign-born.