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Tom Bean, Texas Demographics & Population 2026

During the 2020–2024 ACS period, Tom Bean, Texas had a total population of 799, the 1109th largest city in Texas, with a median household income of $88,824, which is 13% higher than the state average. The poverty rate is 2.6%.

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

Key Takeaways

Tom Bean Quick Facts

Population 799
Median Household Income $88,824
Median Home Value $232,300
Poverty Rate 2.6%
Unemployment Rate 2.4%
Median Age 47.1 years
Homeownership Rate 68.5%
Affordability Ratio 2.6x
Bachelor's Degree or Higher 10.3%
High School Graduation Rate 94.2%
Diversity Index 28/100
Population 799 1109th of 1,795
Median Income $88,824 top 30%
Poverty Rate 2.6% 79% lower than national
Median Home Value $232,300 above average

How Tom Bean 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
Population688799+16.1%
Median household income$79,432$88,824+11.8%
Median home value$227,600$232,300+2.1%

How Tom Bean Compares

Economy & Housing

Household Income Distribution

Under $25K 2.6%
$25K-$50K 17.5%
$50K-$100K 39.1%
$100K+ 40.7%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
2.3%
$15K-$20K
0.0%
$20K-$25K
0.3%
$25K-$30K
2.6%
$30K-$35K
3.6%
$35K-$40K
6.0%
$40K-$45K
4.6%
$45K-$50K
0.7%
$50K-$60K
5.6%
$60K-$75K
12.3%
$75K-$100K
21.2%
$100K-$125K
12.3%
$125K-$150K
15.6%
$150K-$200K
7.0%
$200K+
6.0%

Employment

2.4% Unemployment Rate State: 5.3%|National: 5.2%
56.2% Labor Force Participation

Housing Overview

Owner 68.5%
Renter 31.5%
Affordability Index Very Affordable
2.6x home value to income ratio
Median gross rent $1,581/mo 21.4% of median household income annually

People & Demographics

Diversity Index

28out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 67 | National average: 61

Education

Tom Bean Rankings in Texas

#1109 Population of 1,795
#378 Median Income of 1,546
#1328 Education of 1,795
#525 Home Value of 1,542

Other Cities in Grayson County

CityPopulationMedian IncomePovertyHome 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
Preston 1,747 $65,069 6.7% $184,000
Whitewright 1,659 $57,692 16.8% $242,000

Cities Similar to Tom Bean

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hilltop Lakes797N/A$233,30054.3%27.4%
Alice Acres819N/AN/A11.6%56.8%
Sherwood Shores830N/A$175,50017.5%14.9%
St. Paul769N/AN/A6.8%21.2%
Warren847N/A$122,40037.1%9.8%

A note before these figures: with a population of 799, Tom Bean's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Tom Bean is a small community located in Texas, within Grayson County. The total population is 799. It ranks as the 1109th most populous out of 1,795 Census-designated places in Texas.

Age Demographics

The median age in Tom Bean is 47.1 years. This is 32% higher than the state median of 35.6 years.

Economy, Income & Housing

The median household income in Tom Bean is $88,824. This is 13% higher than the state median of $78,476. It is also 10% higher than the national median of $80,734. The poverty rate stands at 2.6%. This is 81% 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 2.4%. This is 55% lower than the state rate of 5.3%. The median home value is $232,300. Housing costs are 18% lower than the state median of $283,800. With a home-value-to-income ratio of just 2.6x, Tom Bean is one of the most affordable housing markets in the area. 68.5% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Tom Bean is White (non-Hispanic), making up 84.5% of the population. Hispanic or Latino residents account for 9.1%. The White (non-Hispanic) population is significantly higher than the state average (84.5% vs 39.1%). The Black or African American population (2.4%) is well below the state average of 11.9%. The Hispanic or Latino population (9.1%) is well below the state average of 39.7%.

Education

10.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 70% 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 94.2%.

Data Sources & Methodology

All demographic data for Tom Bean, 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 Tom Bean, Texas?

Tom Bean, Texas has a population of 799 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Tom Bean, TX?

The median household income in Tom Bean is $88,824, which is 10% higher than the national median of $80,734.

What is the poverty rate in Tom Bean, TX?

The poverty rate in Tom Bean is 2.6%. This means approximately 21 residents live below the federal poverty line.

What is the racial makeup of Tom Bean, Texas?

Tom Bean's population is 84.5% White, 2.4% Black, 9.1% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Tom Bean, TX?

The median home value in Tom Bean is $232,300. The home-value-to-income ratio is 2.6x.

How educated is Tom Bean, Texas?

10.3% of adults (25+) in Tom Bean hold a bachelor's degree or higher, and 3.2% hold a graduate or professional degree.