Waskom, TX
Population 1,862 · Texas
About Waskom, TX
Waskom is a small town located in Texas with a population of 1,862 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,135 per year, which is 28% below the national median of $75,149. The median age of 33.8 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 Waskom features a median home value of $91,300, which is 63% below the national median of $244,900. This makes Waskom one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,115, 4% below the national average of $1,163/month. Of the 769 total housing units, 73% are owner-occupied (452 units) and 27% are renter-occupied (165 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Waskom shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 11.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Waskom have an average one-way commute time of 24.7 minutes.
Education & Demographics
7.0% of Waskom 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 13.5% White, 0.0% Hispanic or Latino, 0.6% Black or African American, and 2.9% Asian residents, with 8.0% of the population being foreign-born.
Cost of Living in Waskom, TX
Compared to national averages, Waskom has a median household income of $54,135 (28% below the national median of $75,149). Home values average $91,300, which is 63% below the national median. Monthly rent at $1,115 is 4% below the US average of $1,163. Within Texas, Waskom's income is 26% below the state average of $72,726, and home values are 57% below the state median of $211,769.
Why Live in Waskom, TX?
Waskom offers affordable housing with a median home value of $91,300, below the US average of $244,900, and rent that’s lower than the national average at $1,115/month, and a low poverty rate of 11.9%, better than the national average. Additionally, the city features short commute times averaging just 24.7 minutes.
Potential considerations include median household income ($54,135) that falls below the national average. However, Waskom’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Waskom has a population of 1,862 with a median age of 33.8 years. Compare Waskom with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Waskom
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Center Point | 1,868 | $71,848 | $252,300 | Compare |
| Edgewood | 1,869 | $77,778 | $195,200 | Compare |
| Lake Bryan | 1,880 | $0 | $232,300 | Compare |
| Lowry Crossing | 1,842 | $110,357 | $371,400 | Compare |
| Collinsville | 1,839 | $60,510 | $212,400 | Compare |
| Honey Grove | 1,886 | $47,225 | $112,100 | Compare |
| Las Lomas | 1,836 | $33,796 | $88,200 | Compare |
| Laughlin AFB | 1,888 | $73,045 | $0 | 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 Waskom With Other Cities
Frequently Asked Questions about Waskom
What is the population of Waskom, TX?
The population of Waskom, TX is 1,862 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 Waskom?
The median household income in Waskom, TX is $54,135 per year, which is 28% below the national median of $75,149.
What is the median home value in Waskom?
The median home value in Waskom, TX is $91,300, which is 63% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Waskom?
The median monthly rent in Waskom, TX is $1,115, which is 4% below the national average of $1,163/month.
What is the unemployment rate in Waskom?
The unemployment rate in Waskom, TX is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Waskom, TX a good place to live?
Waskom offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,862 and a median age of 33.8, the city appeals to young professionals and families.
How educated is Waskom, TX?
7.0% of residents in Waskom 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 Waskom?
Key cost-of-living indicators for Waskom, TX: median home value is $91,300 (63% below national), median rent is $1,115/month, and median household income is $54,135. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Waskom?
The poverty rate in Waskom, TX is 11.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Waskom, TX?
Waskom's population is 13.5% White, 0.0% Hispanic or Latino, 0.6% Black or African American, 2.9% Asian, and 16.5% two or more races. 8.0% of residents are foreign-born.