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Hico, Texas Demographics & Population 2026

During the 2020–2024 ACS period, Hico, Texas had a total population of 1,771, the 782nd largest city in Texas, with a median household income of $67,500, which is 14% lower than the state average. The poverty rate is 11.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Hico Quick Facts

Population 1,771
Median Household Income $67,500
Median Home Value $176,700
Poverty Rate 11.5%
Unemployment Rate 2.6%
Median Age 35.6 years
Homeownership Rate 76.9%
Affordability Ratio 2.6x
Bachelor's Degree or Higher 23.9%
High School Graduation Rate 90.8%
Diversity Index 29/100
Population 1,771 782nd of 1,795
Median Income $67,500 average
Poverty Rate 11.5% 7% lower than national
Median Home Value $176,700 average

How Hico Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,8061,771-1.9%
Median household income$52,250$67,500+29.2%
Median home value$122,600$176,700+44.1%

How Hico Compares

Economy & Housing

Household Income Distribution

Under $25K 24.0%
$25K-$50K 21.7%
$50K-$100K 23.3%
$100K+ 31.1%
Detailed income brackets
Under $10K
3.8%
$10K-$15K
10.8%
$15K-$20K
4.0%
$20K-$25K
5.4%
$25K-$30K
1.3%
$30K-$35K
17.2%
$35K-$40K
0.5%
$40K-$45K
2.4%
$45K-$50K
0.3%
$50K-$60K
2.2%
$60K-$75K
11.6%
$75K-$100K
9.4%
$100K-$125K
16.7%
$125K-$150K
11.0%
$150K-$200K
2.1%
$200K+
1.3%

Employment

2.6% Unemployment Rate State: 5.3%|National: 5.2%
55.6% Labor Force Participation

Housing Overview

Owner 76.9%
Renter 23.1%
Affordability Index Very Affordable
2.6x home value to income ratio
Median gross rent $767/mo 13.6% of median household income annually

People & Demographics

Diversity Index

29out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 67 | National average: 61

Education

Hico Rankings in Texas

#782 Population of 1,795
#707 Median Income of 1,546
#581 Education of 1,795
#747 Home Value of 1,542

Other Cities in Erath County

CityPopulationMedian IncomePovertyHome Value
Stephenville 21,682 $53,015 20.0% $241,300
Dublin 3,419 $53,030 32.3% $149,300
Lingleville 272 $91,143 2.6% $110,900
Huckabay 212 $85,682 17.0% $293,800
Bluff Dale 182 N/A 11.0% $562,500

Cities Similar to Hico

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Stowell1,823N/A$121,60010.3%49.0%
Eldorado1,737$68,882$96,00013.3%13.5%
Preston1,747$65,069$184,0009.5%6.7%
Plum Grove1,832$66,341$200,8004.3%16.9%
Albany1,849$68,000$173,60035.3%10.5%

Population Overview

Hico is a small community located in Texas, within Erath County. The total population is 1,771. It ranks as the 782nd most populous out of 1,795 Census-designated places in Texas.

Age Demographics

The median age in Hico is 35.6 years. This is about the same as the state median of 35.6 years. With 33.0% of the population under 18, Hico has a notably young demographic profile, suggesting a family-oriented community. 13.2% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Hico is $67,500. This is 14% lower than the state median of $78,476. It is also 16% lower than the national median of $80,734. The poverty rate stands at 11.5%. This is 16% lower than the state poverty rate of 13.8%. The unemployment rate is 2.6%. This is 50% lower than the state rate of 5.3%. The median home value is $176,700. Housing costs are 38% lower than the state median of $283,800. With a home-value-to-income ratio of just 2.6x, Hico is one of the most affordable housing markets in the area. 76.9% of occupied housing units are owner-occupied. This homeownership rate is 23% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Hico is White (non-Hispanic), making up 83.5% of the population. Hispanic or Latino residents account for 12.3%. The White (non-Hispanic) population is significantly higher than the state average (83.5% vs 39.1%). The Black or African American population (3.3%) is well below the state average of 11.9%. The Hispanic or Latino population (12.3%) is well below the state average of 39.7%. The Asian population (0.2%) is well below the state average of 5.5%.

Education

23.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% lower than the state rate of 33.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.8%.

Data Sources & Methodology

All demographic data for Hico, Texas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,795 Census-designated places in Texas. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Hico, Texas?

Hico, Texas has a population of 1,771 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hico, TX?

The median household income in Hico is $67,500, which is 16% lower than the national median of $80,734.

What is the poverty rate in Hico, TX?

The poverty rate in Hico is 11.5%. This means approximately 194 residents live below the federal poverty line.

What is the racial makeup of Hico, Texas?

Hico's population is 83.5% White, 3.3% Black, 12.3% Hispanic/Latino, and 0.2% Asian.

What is the median home value in Hico, TX?

The median home value in Hico is $176,700. The home-value-to-income ratio is 2.6x.

How educated is Hico, Texas?

23.9% of adults (25+) in Hico hold a bachelor's degree or higher, and 6.1% hold a graduate or professional degree.