Wolfe City, TX
Population 1,201 · Texas
About Wolfe City, TX
Wolfe City is a small town located in Texas with a population of 1,201 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,188 per year, which is 17% below the national median of $75,149. The median age of 39 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Wolfe City features a median home value of $131,400, which is 46% below the national median of $244,900. This makes Wolfe City one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,083, 7% below the national average of $1,163/month. Of the 521 total housing units, 75% are owner-occupied (340 units) and 25% are renter-occupied (111 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wolfe City shows an unemployment rate of 6.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 18.4%, above the national average of 12.4%. Workers in Wolfe City have an average one-way commute time of 37.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
13.3% of Wolfe City 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 8.3% White, 1.5% Hispanic or Latino, 0.1% Black or African American, and 7.4% Asian residents, with 3.5% of the population being foreign-born.
Cost of Living in Wolfe City, TX
Compared to national averages, Wolfe City has a median household income of $62,188 (17% below the national median of $75,149). Home values average $131,400, which is 46% below the national median. Monthly rent at $1,083 is 7% below the US average of $1,163. Within Texas, Wolfe City's income is 14% below the state average of $72,726, and home values are 38% below the state median of $211,769.
Why Live in Wolfe City, TX?
Wolfe City offers affordable housing with a median home value of $131,400, below the US average of $244,900, and rent that’s lower than the national average at $1,083/month.
Potential considerations include median household income ($62,188) that falls below the national average. However, Wolfe City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wolfe City has a population of 1,201 with a median age of 39 years. Compare Wolfe City with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Wolfe City
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stockdale | 1,201 | $51,944 | $142,700 | Compare |
| Harper | 1,199 | $69,653 | $348,900 | Compare |
| Lake Medina Shores | 1,198 | $44,926 | $158,700 | Compare |
| New London | 1,198 | $50,909 | $169,400 | Compare |
| Runge | 1,196 | $35,313 | $57,200 | Compare |
| Clint | 1,208 | $44,375 | $181,300 | Compare |
| Lasara | 1,208 | $45,000 | $58,000 | Compare |
| Tiki Island | 1,209 | $124,000 | $618,800 | 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 Wolfe City With Other Cities
Frequently Asked Questions about Wolfe City
What is the population of Wolfe City, TX?
The population of Wolfe City, TX is 1,201 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 Wolfe City?
The median household income in Wolfe City, TX is $62,188 per year, which is 17% below the national median of $75,149.
What is the median home value in Wolfe City?
The median home value in Wolfe City, TX is $131,400, which is 46% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wolfe City?
The median monthly rent in Wolfe City, TX is $1,083, which is 7% below the national average of $1,163/month.
What is the unemployment rate in Wolfe City?
The unemployment rate in Wolfe City, TX is 6.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Wolfe City, TX a good place to live?
Wolfe City offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,201 and a median age of 39, the city appeals to a broad range of residents.
How educated is Wolfe City, TX?
13.3% of residents in Wolfe City 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 Wolfe City?
Key cost-of-living indicators for Wolfe City, TX: median home value is $131,400 (46% below national), median rent is $1,083/month, and median household income is $62,188. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wolfe City?
The poverty rate in Wolfe City, TX is 18.4%, 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 Wolfe City, TX?
Wolfe City's population is 8.3% White, 1.5% Hispanic or Latino, 0.1% Black or African American, 7.4% Asian, and 6.7% two or more races. 3.5% of residents are foreign-born.