Parker, Texas Demographics & Population 2026
During the 2020–2024 ACS period, Parker, Texas had a total population of 5,999, the 380th largest city in Texas, with a median household income of $229,080, which is 192% higher than the state average. The poverty rate is 5.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 192% above the state average — one of the wealthiest communities in Texas.
- 63.3% of adults hold a bachelor's degree or higher — top 10% in Texas.
Parker Quick Facts
How Parker Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 5,776 | 5,999 | +3.9% |
| Median household income | $216,179 | $229,080 | +6.0% |
| Median home value | $852,000 | $859,600 | +0.9% |
How Parker Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 67 | National average: 61
Education
Educational Attainment (Adults 25+)
Parker Rankings in Texas
Explore Texas Rankings
Other Cities in Collin County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Plano | 290,594 | $112,253 | 6.8% | $465,900 |
| Frisco | 219,304 | $150,212 | 3.5% | $642,100 |
| McKinney | 210,600 | $124,215 | 5.7% | $471,800 |
| Allen | 110,265 | $130,901 | 6.1% | $464,100 |
| Prosper | 37,869 | $195,281 | 5.5% | $823,700 |
| Celina | 34,268 | $170,894 | 4.7% | $509,600 |
| Princeton | 25,229 | $105,200 | 4.1% | $331,000 |
| Anna | 24,330 | $105,593 | 7.8% | $351,700 |
| Murphy | 21,188 | $175,699 | 3.0% | $555,500 |
| Melissa | 20,136 | $138,763 | 1.9% | $454,000 |
Cities Similar to Parker
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Belterra | 6,978 | $219,727 | $773,400 | 66.4% | 1.5% |
| Shady Hollow | 5,709 | $170,217 | $755,900 | 66.4% | 5.5% |
| Aledo | 5,825 | $163,231 | $465,100 | 57.2% | 2.8% |
| Argyle | 5,371 | $181,352 | $695,300 | 64.0% | 1.2% |
| Santa Rita Ranch | 6,586 | $160,592 | $515,700 | 56.4% | 0.9% |
Population Overview
Parker is a small city located in Texas, within Collin County. The total population is 5,999. It ranks as the 380th most populous out of 1,795 Census-designated places in Texas.
Age Demographics
The median age in Parker is 44.1 years. This is 24% higher than the state median of 35.6 years.
Economy, Income & Housing
The median household income in Parker is $229,080. This is 192% higher than the state median of $78,476. It is also 184% higher than the national median of $80,734. The poverty rate stands at 5.4%. This is 61% lower than the state poverty rate of 13.8%. The unemployment rate is 2.5%. This is 53% lower than the state rate of 5.3%. The median home value is $859,600. Housing costs are 203% higher than the state median of $283,800. The home-value-to-income ratio is 3.8x. 98.9% of occupied housing units are owner-occupied. This homeownership rate is 58% higher than the state average of 62.6%.
Race & Ethnicity
The largest racial or ethnic group in Parker is White (non-Hispanic), making up 55.9% of the population. Asian residents account for 21.7%. The Hispanic or Latino population (10.3%) is well below the state average of 39.7%. The Asian population is significantly higher than the state average (21.7% vs 5.5%).
Education
63.3% of residents aged 25 and older hold a bachelor's degree or higher. This places Parker in the top 10% of all cities in the state for educational attainment. This is 87% higher 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 81.9%. Notably, 25.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Parker, 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 Parker, Texas?
Parker, Texas has a population of 5,999 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Parker, TX?
The median household income in Parker is $229,080, which is 184% higher than the national median of $80,734.
What is the poverty rate in Parker, TX?
The poverty rate in Parker is 5.4%. This means approximately 324 residents live below the federal poverty line.
What is the racial makeup of Parker, Texas?
Parker's population is 55.9% White, 11.4% Black, 10.3% Hispanic/Latino, and 21.7% Asian.
What is the median home value in Parker, TX?
The median home value in Parker is $859,600. The home-value-to-income ratio is 3.8x.
How educated is Parker, Texas?
63.3% of adults (25+) in Parker hold a bachelor's degree or higher, and 25.4% hold a graduate or professional degree.