Wills Point, TX
Population 3,848 · Texas
About Wills Point, TX
Wills Point is a small town located in Texas with a population of 3,848 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,144 per year, which is 12% below the national median of $75,149. The median age of 33.9 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 Wills Point features a median home value of $120,100, which is 51% below the national median of $244,900. This makes Wills Point one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $898, 23% below the national average of $1,163/month. Of the 1,511 total housing units, 52% are owner-occupied (739 units) and 48% are renter-occupied (670 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Wills Point shows an unemployment rate of 3.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 24.2%, above the national average of 12.4%. Workers in Wills Point have an average one-way commute time of 31.8 minutes.
Education & Demographics
9.8% of Wills Point 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 20.2% White, 0.7% Hispanic or Latino, 0.5% Black or African American, and 0.0% Asian residents, with 2.7% of the population being foreign-born.
Cost of Living in Wills Point, TX
Compared to national averages, Wills Point has a median household income of $66,144 (12% below the national median of $75,149). Home values average $120,100, which is 51% below the national median. Monthly rent at $898 is 23% below the US average of $1,163. Within Texas, Wills Point's income is 9% below the state average of $72,726, and home values are 43% below the state median of $211,769.
Why Live in Wills Point, TX?
Wills Point offers affordable housing with a median home value of $120,100, below the US average of $244,900, and rent that’s lower than the national average at $898/month, and a strong job market with an unemployment rate of just 3.4%.
Potential considerations include median household income ($66,144) that falls below the national average. However, Wills Point’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wills Point has a population of 3,848 with a median age of 33.9 years. Compare Wills Point with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Wills Point
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Farmersville | 3,851 | $47,016 | $273,600 | Compare |
| Bunker Hill Village | 3,801 | $250,001 | $2,000,001 | Compare |
| Clyde | 3,899 | $63,616 | $150,600 | Compare |
| San Diego | 3,795 | $46,969 | $59,600 | Compare |
| Hudson Bend | 3,902 | $93,086 | $676,000 | Compare |
| Sullivan City | 3,919 | $44,286 | $90,800 | Compare |
| Cisco | 3,926 | $57,138 | $105,500 | Compare |
| Coleman | 3,942 | $50,294 | $75,000 | 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 Wills Point With Other Cities
Frequently Asked Questions about Wills Point
What is the population of Wills Point, TX?
The population of Wills Point, TX is 3,848 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 Wills Point?
The median household income in Wills Point, TX is $66,144 per year, which is 12% below the national median of $75,149.
What is the median home value in Wills Point?
The median home value in Wills Point, TX is $120,100, which is 51% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wills Point?
The median monthly rent in Wills Point, TX is $898, which is 23% below the national average of $1,163/month.
What is the unemployment rate in Wills Point?
The unemployment rate in Wills Point, TX is 3.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Wills Point, TX a good place to live?
Wills Point offers a moderate cost of living, affordable housing, and a strong job market. With a population of 3,848 and a median age of 33.9, the city appeals to young professionals and families.
How educated is Wills Point, TX?
9.8% of residents in Wills Point 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 Wills Point?
Key cost-of-living indicators for Wills Point, TX: median home value is $120,100 (51% below national), median rent is $898/month, and median household income is $66,144. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wills Point?
The poverty rate in Wills Point, TX is 24.2%, 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 Wills Point, TX?
Wills Point's population is 20.2% White, 0.7% Hispanic or Latino, 0.5% Black or African American, 0.0% Asian, and 10.5% two or more races. 2.7% of residents are foreign-born.