Terrell Hills, TX
Population 5,050 · Texas
About Terrell Hills, TX
Terrell Hills is a small community in Texas with a population of 5,050 residents. The median household income is $217,800 per year, which is above the national average. The median age in Terrell Hills is 43.2 years.
Housing in Terrell Hills has a median home value of $762,200 and median monthly rent of $1,154. Of the 1,935 total housing units, the majority are owner-occupied, with 1,415 owner-occupied and 391 renter-occupied units.
The unemployment rate in Terrell Hills is 4.2% and the poverty rate is 6.9%. 77.3% of residents hold a bachelor's degree or higher. The average commute time is 21.7 minutes.
How Terrell Hills Ranks in Texas
Cost of Living in Terrell Hills, TX
Compared to national averages, Terrell Hills has a median household income of $217,800 (190% above the national median of $75,149). Home values average $762,200, which is 211% above the national median. Monthly rent at $1,154 is 1% below the US average of $1,163. Within Texas, Terrell Hills's income is 199% above the state average of $72,726, and home values are 260% above the state median of $211,769.
Why Live in Terrell Hills, TX?
Terrell Hills offers a strong local economy with a median household income of $217,800, well above the national average, and rent that’s lower than the national average at $1,154/month, and a well-educated community where 77.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.9%, better than the national average, and short commute times averaging just 21.7 minutes.
Potential considerations include a competitive housing market where the typical home costs $762,200. However, Terrell Hills’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Terrell Hills has a population of 5,050 with a median age of 43.2 years. Compare Terrell Hills with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Terrell Hills
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Justin | 5,068 | $93,887 | $364,500 | Compare |
| Hudson | 5,017 | $51,733 | $169,000 | Compare |
| Giddings | 5,085 | $51,397 | $192,800 | Compare |
| Port Isabel | 5,098 | $50,775 | $120,900 | Compare |
| Doffing | 5,126 | $26,525 | $93,300 | Compare |
| Argyle | 4,970 | $172,604 | $624,200 | Compare |
| Mineola | 4,956 | $42,231 | $205,600 | Compare |
| Gilmer | 4,955 | $41,279 | $160,700 | 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.
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Frequently Asked Questions about Terrell Hills
What is the population of Terrell Hills, TX?
The population of Terrell Hills, TX is 5,050 according to the latest Census data.
What is the median household income in Terrell Hills?
The median household income in Terrell Hills, TX is $217,800 per year.
What is the median home value in Terrell Hills?
The median home value in Terrell Hills, TX is $762,200.
What is the average rent in Terrell Hills?
The median monthly rent in Terrell Hills, TX is $1,154.
What is the unemployment rate in Terrell Hills?
The unemployment rate in Terrell Hills, TX is 4.2%.