Timberwood Park, TX
Population 34,980 · Texas
About Timberwood Park, TX
Timberwood Park is a mid-sized city located in Texas with a population of 34,980 residents according to the latest US Census Bureau American Community Survey data. The median household income is $147,471 per year, which is 96% above the national median of $75,149. The median age of 39.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Timberwood Park features a median home value of $469,900, which is 92% above the national median of $244,900. This places Timberwood Park in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,012, 73% above the national average of $1,163/month. Of the 11,976 total housing units, 85% are owner-occupied (9,691 units) and 15% are renter-occupied (1,735 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Timberwood Park shows an unemployment rate of 3.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Timberwood Park have an average one-way commute time of 31.2 minutes.
Education & Demographics
58.3% of Timberwood Park residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 27.3% White, 1.8% Hispanic or Latino, 1.0% Black or African American, and 5.9% Asian residents, with 15.3% of the population being foreign-born.
Cost of Living in Timberwood Park, TX
Compared to national averages, Timberwood Park has a median household income of $147,471 (96% above the national median of $75,149). Home values average $469,900, which is 92% above the national median. Monthly rent at $2,012 is 73% above the US average of $1,163. Within Texas, Timberwood Park's income is 103% above the state average of $72,726, and home values are 122% above the state median of $211,769.
Why Live in Timberwood Park, TX?
Timberwood Park offers a strong local economy with a median household income of $147,471, well above the national average, and a strong job market with an unemployment rate of just 3.6%, and a well-educated community where 58.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $469,900. However, Timberwood Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Timberwood Park has a population of 34,980 with a median age of 39.2 years. Compare Timberwood Park with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Timberwood Park
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Del Rio | 34,638 | $59,588 | $143,200 | Compare |
| Prosper | 34,567 | $187,603 | $694,600 | Compare |
| Lufkin | 34,158 | $56,722 | $162,600 | Compare |
| Weatherford | 33,924 | $78,738 | $285,000 | Compare |
| Texarkana | 36,039 | $49,240 | $159,700 | Compare |
| La Porte | 36,077 | $81,801 | $217,100 | Compare |
| Cibolo | 33,829 | $125,230 | $324,600 | Compare |
| Deer Park | 33,823 | $95,233 | $238,900 | 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 Timberwood Park With Other Cities
Frequently Asked Questions about Timberwood Park
What is the population of Timberwood Park, TX?
The population of Timberwood Park, TX is 34,980 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 Timberwood Park?
The median household income in Timberwood Park, TX is $147,471 per year, which is 96% above the national median of $75,149.
What is the median home value in Timberwood Park?
The median home value in Timberwood Park, TX is $469,900, which is 92% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Timberwood Park?
The median monthly rent in Timberwood Park, TX is $2,012, which is 73% above the national average of $1,163/month.
What is the unemployment rate in Timberwood Park?
The unemployment rate in Timberwood Park, TX is 3.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Timberwood Park, TX a good place to live?
Timberwood Park offers above-average incomes, a competitive housing market, and a strong job market. With a population of 34,980 and a median age of 39.2, the city appeals to a broad range of residents.
How educated is Timberwood Park, TX?
58.3% of residents in Timberwood Park aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Timberwood Park?
Key cost-of-living indicators for Timberwood Park, TX: median home value is $469,900 (92% above national), median rent is $2,012/month, and median household income is $147,471. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Timberwood Park?
The poverty rate in Timberwood Park, TX is 4.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Timberwood Park, TX?
Timberwood Park's population is 27.3% White, 1.8% Hispanic or Latino, 1.0% Black or African American, 5.9% Asian, and 4.9% two or more races. 15.3% of residents are foreign-born.