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Rankin city, Texas Demographics & Population 2026

Very AffordableHome value to income ratio of 1.7x is exceptionally low

As of 2026, Rankin city, Texas has a total population of 1,189, the 945th largest city in Texas, with a median household income of $72,083, which is 6% lower than the state average. The poverty rate is 13.8%.

Key Takeaways

Rankin city Quick Facts

Population 1,189
Median Household Income $72,083
Median Home Value $119,000
Poverty Rate 13.8%
Unemployment Rate 5.8%
Median Age 40.1 years
Homeownership Rate 78.3%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 7.9%
High School Graduation Rate 76.7%
Diversity Index 48/100
Population 1,189 945th of 1,800
Median Income $72,083 above average
Poverty Rate 13.8% 11% higher national
Median Home Value $119,000 below average

How Rankin city Compares

Economy & Housing

Employment

5.8% Unemployment Rate State: 5.1% | National: 5.2%
56.7% Labor Force Participation

Housing Overview

Owner 78.3%
Renter 21.7%
Affordability Index Very Affordable
1.7x home value to income ratio

People & Demographics

Diversity Index

48out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 67 | National average: 60

Education

Rankin city Rankings in Texas

#945 Population of 1,800
#564 Median Income of 1,800
#1423 Education of 1,800
#994 Home Value of 1,800

Cities Similar to Rankin city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Plains town1,190$74,187$112,50014.6%21.7%
Southwest Sandhill CDP1,174$71,618$117,8009.7%7.2%
St. Paul CDP1,165N/A$61,4004.0%17.6%
Harper CDP1,199$69,653$348,90026.3%8.0%
Florence city1,215$72,743$206,50017.9%15.6%

Population Overview

Rankin city is a small community located in Texas. The total population is 1,189. It ranks as the 945th most populous out of 1,800 cities and towns in Texas.

Age Demographics

The median age in Rankin city is 40.1 years. This is 13% higher than the state median of 35.5 years.

Economy, Income & Housing

The median household income in Rankin city is $72,083. This is 6% lower than the state median of $76,292. Compared to the national median of $78,538, household income here is 8% lower. The poverty rate stands at 13.8%. This is about average than the state poverty rate of 13.8%. The unemployment rate is 5.8%. This is 13% higher than the state rate of 5.1%. The median home value is $119,000. Housing costs are 54% lower than the state median of $260,400. With a home-value-to-income ratio of just 1.7x, Rankin city is one of the most affordable housing markets in the area. 78.3% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Rankin city is White (non-Hispanic), making up 62.0% of the population. Hispanic or Latino residents account for 36.5%. The White (non-Hispanic) population is significantly higher than the state average (62.0% vs 39.9%). The Black or African American population (0.9%) is well below the state average of 11.9%. The Asian population (0.3%) is well below the state average of 5.3%.

Education

7.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 76% lower 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 76.7%.

Data Sources & Methodology

All demographic data for Rankin 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 Rankin city, Texas?

Rankin city, Texas has a population of 1,189 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Rankin city, TX?

The median household income in Rankin city is $72,083, which is 8% lower the national median of $78,538.

What is the poverty rate in Rankin city, TX?

The poverty rate in Rankin city is 13.8%. This means approximately 159 residents live below the federal poverty line.

What is the racial makeup of Rankin city, Texas?

Rankin city's population is 62.0% White, 0.9% Black, 36.5% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Rankin city, TX?

The median home value in Rankin city is $119,000. The home-value-to-income ratio is 1.7x.

How educated is Rankin city, Texas?

7.9% of adults (25+) in Rankin city hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.