Preston, Texas Demographics & Population 2026
During the 2020–2024 ACS period, Preston, Texas had a total population of 1,747, the 788th largest community in Texas, with a median household income of $65,069, which is 17% lower than the state average. The poverty rate is 6.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Only 9.5% of adults have a bachelor's degree, well below the national average of 35.7%.
- Unemployment rate of 11.6% is notably above the national average.
Preston Quick Facts
How Preston 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 | 1,617 | 1,747 | +8.0% |
| Median household income | $64,803 | $65,069 | +0.4% |
| Median home value | $184,600 | $184,000 | -0.3% |
How Preston 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 less diverse community where one racial or ethnic group represents a large majority.
State average: 67 | National average: 61
Education
Educational Attainment (Adults 25+)
Preston Rankings in Texas
Explore Texas Rankings
Other Cities in Grayson County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Sherman | 46,397 | $58,859 | 12.7% | $243,500 |
| Denison | 25,778 | $67,365 | 15.0% | $180,900 |
| Whitesboro | 4,173 | $70,134 | 16.5% | $249,800 |
| Howe | 3,689 | $51,108 | 24.3% | $201,300 |
| Pottsboro | 2,691 | $69,439 | 10.4% | $280,000 |
| Bells | 2,497 | $92,075 | 11.8% | $232,400 |
| Gunter | 2,398 | $120,000 | 2.5% | $547,600 |
| Collinsville | 2,060 | $60,417 | 11.5% | $241,700 |
| Whitewright | 1,659 | $57,692 | 16.8% | $242,000 |
| Southmayd | 1,413 | $86,250 | 16.8% | $164,000 |
Cities Similar to Preston
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Hico | 1,771 | $67,500 | $176,700 | 23.9% | 11.5% |
| Eldorado | 1,737 | $68,882 | $96,000 | 13.3% | 13.5% |
| Mart | 1,704 | $62,917 | $116,100 | 11.9% | 14.7% |
| Stowell | 1,823 | N/A | $121,600 | 10.3% | 49.0% |
| Abram | 1,741 | $58,846 | $93,000 | 17.7% | 34.3% |
Population Overview
Preston is a small community located in Texas, within Grayson County. The total population is 1,747. It ranks as the 788th most populous out of 1,795 Census-designated places in Texas.
Age Demographics
The median age in Preston is 55.2 years. This is 55% higher than the state median of 35.6 years. 12.5% 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 Preston is $65,069. This is 17% lower than the state median of $78,476. It is also 19% lower than the national median of $80,734. The poverty rate stands at 6.7%. This is 52% lower than the state poverty rate of 13.8%. The unemployment rate is 11.6%. This is 120% higher than the state rate of 5.3%. The median home value is $184,000. Housing costs are 35% lower than the state median of $283,800. With a home-value-to-income ratio of just 2.8x, Preston is one of the most affordable housing markets in the area. 78.8% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 62.6%.
Race & Ethnicity
Preston has a predominantly White (non-Hispanic) population, comprising 88.6% of all residents. Hispanic or Latino residents account for 3.0%. The White (non-Hispanic) population is significantly higher than the state average (88.6% vs 39.1%). The Black or African American population (1.4%) is well below the state average of 11.9%. The Hispanic or Latino population (3.0%) is well below the state average of 39.7%. The Asian population (0.7%) is well below the state average of 5.5%.
Education
9.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 72% 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 92.0%.
Data Sources & Methodology
All demographic data for Preston, 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.
Free data download: Get all Texas city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Preston, Texas?
Preston, Texas has a population of 1,747 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Preston, TX?
The median household income in Preston is $65,069, which is 19% lower than the national median of $80,734.
What is the poverty rate in Preston, TX?
The poverty rate in Preston is 6.7%. This means approximately 115 residents live below the federal poverty line.
What is the racial makeup of Preston, Texas?
Preston's population is 88.6% White, 1.4% Black, 3.0% Hispanic/Latino, and 0.7% Asian.
What is the median home value in Preston, TX?
The median home value in Preston is $184,000. The home-value-to-income ratio is 2.8x.
How educated is Preston, Texas?
9.5% of adults (25+) in Preston hold a bachelor's degree or higher, and 3.7% hold a graduate or professional degree.