Parker city, Texas Demographics & Population 2026
As of 2026, Parker city, Texas has a total population of 5,776, the 384th largest city in Texas, with a median household income of $216,179, which is 183% higher than the state average. The poverty rate is 1.0%.
Key Takeaways
- Household income is 183% above the state average — one of the wealthiest communities in Texas.
- An exceptionally low poverty rate of 1.0% — among the lowest in Texas.
- 66.3% of adults hold a bachelor's degree or higher — top 10% in Texas.
- Near full employment with an unemployment rate of just 1.5%.
Parker city Quick Facts
How Parker city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 67 | National average: 60
Education
Educational Attainment (Adults 25+)
Parker city Rankings in Texas
Explore Texas Rankings
Cities Similar to Parker city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Shady Hollow CDP | 5,821 | $168,477 | $644,300 | 65.5% | 8.0% |
| Terrell Hills city | 5,050 | $217,800 | $762,200 | 77.3% | 6.9% |
| Belterra CDP | 7,190 | $211,471 | $658,400 | 61.5% | 4.0% |
| Aledo city | 5,432 | $152,083 | $409,300 | 60.8% | 1.0% |
| Argyle city | 4,970 | $172,604 | $624,200 | 63.6% | 0.3% |
Population Overview
Parker city is a small city located in Texas. The total population is 5,776. It ranks as the 384th most populous out of 1,800 cities and towns in Texas.
Age Demographics
The median age in Parker city is 45.5 years. This is 28% higher than the state median of 35.5 years.
Economy, Income & Housing
The median household income in Parker city is $216,179. This is 183% higher than the state median of $76,292. Compared to the national median of $78,538, household income here is 175% higher. The poverty rate stands at 1.0%. This is 93% lower than the state poverty rate of 13.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.5%. This is 70% lower than the state rate of 5.1%. The median home value is $852,000. Housing costs are 227% higher than the state median of $260,400. The home-value-to-income ratio is 3.9x. 98.2% of occupied housing units are owner-occupied. This homeownership rate is 57% higher than the state average of 62.6%.
Race & Ethnicity
The largest racial or ethnic group in Parker city is White (non-Hispanic), making up 63.7% of the population. Asian residents account for 20.1%. The White (non-Hispanic) population is significantly higher than the state average (63.7% vs 39.9%). The Hispanic or Latino population (3.8%) is well below the state average of 39.5%. The Asian population is significantly higher than the state average (20.1% vs 5.3%).
Education
66.3% of residents aged 25 and older hold a bachelor's degree or higher. This places Parker city in the top 10% of all cities in the state for educational attainment. This is 100% higher than the state rate of 33.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.8%. Notably, 27.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Parker city, Texas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,800 Census-designated places in Texas. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Parker city, Texas?
Parker city, Texas has a population of 5,776 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Parker city, TX?
The median household income in Parker city is $216,179, which is 175% higher the national median of $78,538.
What is the poverty rate in Parker city, TX?
The poverty rate in Parker city is 1.0%. This means approximately 57 residents live below the federal poverty line.
What is the racial makeup of Parker city, Texas?
Parker city's population is 63.7% White, 11.9% Black, 3.8% Hispanic/Latino, and 20.1% Asian.
What is the median home value in Parker city, TX?
The median home value in Parker city is $852,000. The home-value-to-income ratio is 3.9x.
How educated is Parker city, Texas?
66.3% of adults (25+) in Parker city hold a bachelor's degree or higher, and 27.2% hold a graduate or professional degree.