Stephenville, TX
Population 21,345 · Texas
About Stephenville, TX
Stephenville is a mid-sized city located in Texas with a population of 21,345 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,504 per year, which is 26% below the national median of $75,149. The median age of 26 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 Stephenville features a median home value of $226,300, which is 8% below the national median of $244,900. This positions Stephenville in a moderately priced market relative to the rest of the country. Median monthly rent is $1,128, 3% below the national average of $1,163/month. Of the 9,134 total housing units, 46% are owner-occupied (3,753 units) and 54% are renter-occupied (4,451 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Stephenville shows an unemployment rate of 6.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 18.3%, above the national average of 12.4%. Workers in Stephenville have an average one-way commute time of 16.2 minutes, one of the shorter commutes in the region.
Education & Demographics
33.5% of Stephenville 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 18.3% White, 2.2% Hispanic or Latino, 0.3% Black or African American, and 1.5% Asian residents, with 4.7% of the population being foreign-born.
Cost of Living in Stephenville, TX
Compared to national averages, Stephenville has a median household income of $55,504 (26% below the national median of $75,149). Home values average $226,300, which is 8% below the national median. Monthly rent at $1,128 is 3% below the US average of $1,163. Within Texas, Stephenville's income is 24% below the state average of $72,726, and home values are 7% above the state median of $211,769.
Why Live in Stephenville, TX?
Stephenville offers affordable housing with a median home value of $226,300, below the US average of $244,900, and rent that’s lower than the national average at $1,128/month, and short commute times averaging just 16.2 minutes.
Potential considerations include median household income ($55,504) that falls below the national average. However, Stephenville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Stephenville has a population of 21,345 with a median age of 26 years. Compare Stephenville with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Stephenville
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ennis | 21,546 | $72,772 | $225,900 | Compare |
| Dickinson | 21,612 | $82,018 | $244,500 | Compare |
| Murphy | 21,001 | $165,109 | $508,500 | Compare |
| Anna | 20,975 | $99,375 | $312,700 | Compare |
| Princeton | 20,966 | $96,766 | $310,700 | Compare |
| Brushy Creek | 20,953 | $137,630 | $451,500 | Compare |
| Fate | 20,757 | $129,500 | $361,100 | Compare |
| Portland | 20,369 | $81,944 | $226,900 | 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 Stephenville With Other Cities
Frequently Asked Questions about Stephenville
What is the population of Stephenville, TX?
The population of Stephenville, TX is 21,345 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Texas.
What is the median household income in Stephenville?
The median household income in Stephenville, TX is $55,504 per year, which is 26% below the national median of $75,149.
What is the median home value in Stephenville?
The median home value in Stephenville, TX is $226,300, which is 8% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Stephenville?
The median monthly rent in Stephenville, TX is $1,128, which is 3% below the national average of $1,163/month.
What is the unemployment rate in Stephenville?
The unemployment rate in Stephenville, TX is 6.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Stephenville, TX a good place to live?
Stephenville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 21,345 and a median age of 26, the city appeals to young professionals and families.
How educated is Stephenville, TX?
33.5% of residents in Stephenville 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 Stephenville?
Key cost-of-living indicators for Stephenville, TX: median home value is $226,300 (8% below national), median rent is $1,128/month, and median household income is $55,504. The home-value-to-income ratio is 4.1x, a moderate figure by national standards.
What is the poverty rate in Stephenville?
The poverty rate in Stephenville, TX is 18.3%, 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 Stephenville, TX?
Stephenville's population is 18.3% White, 2.2% Hispanic or Latino, 0.3% Black or African American, 1.5% Asian, and 2.6% two or more races. 4.7% of residents are foreign-born.