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Mount Vernon, Texas Demographics & Population 2026

Very AffordableHome value to income ratio of 2.5x is exceptionally low

During the 2020–2024 ACS period, Mount Vernon, Texas had a total population of 2,548, the 641st largest town in Texas, with a median household income of $72,064, which is 8% lower than the state average. The poverty rate is 10.7%.

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

Key Takeaways

Mount Vernon Quick Facts

Population 2,548
Median Household Income $72,064
Median Home Value $178,500
Poverty Rate 10.7%
Unemployment Rate 4.9%
Median Age 34.4 years
Homeownership Rate 67.9%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 14.6%
High School Graduation Rate 84.8%
Diversity Index 61/100
Population 2,548 641st of 1,795
Median Income $72,064 above average
Poverty Rate 10.7% 14% lower than national
Median Home Value $178,500 average

How Mount Vernon 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
Population2,5232,548+1.0%
Median household income$67,097$72,064+7.4%
Median home value$176,900$178,500+0.9%

How Mount Vernon Compares

Economy & Housing

Household Income Distribution

Under $25K 9.3%
$25K-$50K 24.1%
$50K-$100K 28.2%
$100K+ 38.4%
Detailed income brackets
Under $10K
2.1%
$10K-$15K
4.9%
$15K-$20K
1.2%
$20K-$25K
1.1%
$25K-$30K
4.6%
$30K-$35K
1.3%
$35K-$40K
7.0%
$40K-$45K
4.8%
$45K-$50K
6.3%
$50K-$60K
3.8%
$60K-$75K
14.1%
$75K-$100K
10.3%
$100K-$125K
14.0%
$125K-$150K
8.8%
$150K-$200K
5.4%
$200K+
10.2%

Employment

4.9% Unemployment Rate State: 5.3%|National: 5.2%
70.8% Labor Force Participation

Housing Overview

Owner 67.9%
Renter 32.1%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $929/mo 15.5% of median household income annually

People & Demographics

Diversity Index

61out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 67 | National average: 61

Education

Mount Vernon Rankings in Texas

#641 Population of 1,795
#611 Median Income of 1,546
#1060 Education of 1,795
#740 Home Value of 1,542

Cities Similar to Mount Vernon

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Montgomery2,489$72,917$363,20035.5%9.6%
Lytle2,492$70,685$187,50026.2%8.8%
Old River-Winfree2,448$72,188$124,7005.4%25.8%
Crane2,640$73,150$164,90014.9%14.7%
Panorama Village2,525$77,411$291,10038.2%12.5%

Population Overview

Mount Vernon is a small community located in Texas, within Franklin County. The total population is 2,548. It ranks as the 641st most populous out of 1,795 Census-designated places in Texas.

Age Demographics

The median age in Mount Vernon is 34.4 years. This is 3% lower than the state median of 35.6 years. With 28.7% of the population under 18, Mount Vernon has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Mount Vernon is $72,064. This is 8% lower than the state median of $78,476. It is also 11% lower than the national median of $80,734. The poverty rate stands at 10.7%. This is 23% lower than the state poverty rate of 13.8%. The unemployment rate is 4.9%. This is 7% lower than the state rate of 5.3%. The median home value is $178,500. Housing costs are 37% lower than the state median of $283,800. With a home-value-to-income ratio of just 2.5x, Mount Vernon is one of the most affordable housing markets in the area. 67.9% of occupied housing units are owner-occupied. This homeownership rate is 9% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Mount Vernon is White (non-Hispanic), making up 53.1% of the population. Hispanic or Latino residents account for 27.9%.

Education

14.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 57% 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 84.8%.

Data Sources & Methodology

All demographic data for Mount Vernon, 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 Mount Vernon, Texas?

Mount Vernon, Texas has a population of 2,548 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Mount Vernon, TX?

The median household income in Mount Vernon is $72,064, which is 11% lower than the national median of $80,734.

What is the poverty rate in Mount Vernon, TX?

The poverty rate in Mount Vernon is 10.7%. This means approximately 260 residents live below the federal poverty line.

What is the racial makeup of Mount Vernon, Texas?

Mount Vernon's population is 53.1% White, 16.6% Black, 27.9% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Mount Vernon, TX?

The median home value in Mount Vernon is $178,500. The home-value-to-income ratio is 2.5x.

How educated is Mount Vernon, Texas?

14.6% of adults (25+) in Mount Vernon hold a bachelor's degree or higher, and 5.2% hold a graduate or professional degree.