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Wake Village city, Texas Demographics & Population 2026

Very AffordableHome value to income ratio of 2.5x is exceptionally low

As of 2026, Wake Village city, Texas has a total population of 5,887, the 376th largest city in Texas, with a median household income of $69,796, which is 9% lower than the state average. The poverty rate is 14.0%.

Key Takeaways

Wake Village city Quick Facts

Population 5,887
Median Household Income $69,796
Median Home Value $172,900
Poverty Rate 14.0%
Unemployment Rate 2.4%
Median Age 35.8 years
Homeownership Rate 54.4%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 28.8%
High School Graduation Rate 93.9%
Diversity Index 51/100
Population 5,887 376th of 1,800
Median Income $69,796 above average
Poverty Rate 14.0% 12% higher national
Median Home Value $172,900 average

How Wake Village city Compares

Economy & Housing

Employment

2.4% Unemployment Rate State: 5.1% | National: 5.2%
63.7% Labor Force Participation

Housing Overview

Owner 54.4%
Renter 45.6%
Affordability Index Very Affordable
2.5x home value to income ratio

People & Demographics

Diversity Index

51out of 100
Moderate Diversity

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

State average: 67 | National average: 60

Education

Wake Village city Rankings in Texas

#376 Population of 1,800
#623 Median Income of 1,800
#437 Education of 1,800
#688 Home Value of 1,800

Cities Similar to Wake Village city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
San Leon CDP5,764$76,573$166,70010.5%8.2%
Wilmer city5,876$58,837$111,2009.5%15.2%
Edna city5,994$60,765$117,50016.3%20.2%
Gun Barrel City city6,408$69,273$229,30015.9%14.0%
Childress city5,964$59,662$84,2009.1%9.2%

Population Overview

Wake Village city is a small city located in Texas. The total population is 5,887. It ranks as the 376th most populous out of 1,800 cities and towns in Texas.

Age Demographics

The median age in Wake Village city is 35.8 years. This is about average than the state median of 35.5 years. With 29.0% of the population under 18, Wake Village city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Wake Village city is $69,796. This is 9% lower than the state median of $76,292. Compared to the national median of $78,538, household income here is 11% lower. The poverty rate stands at 14.0%. This is 1% higher than the state poverty rate of 13.8%. The unemployment rate is 2.4%. This is 54% lower than the state rate of 5.1%. The median home value is $172,900. Housing costs are 34% lower than the state median of $260,400. With a home-value-to-income ratio of just 2.5x, Wake Village city is one of the most affordable housing markets in the area. 54.4% of occupied housing units are owner-occupied. This homeownership rate is 13% lower than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Wake Village city is White (non-Hispanic), making up 65.5% of the population. Black or African American residents account for 22.5%. The White (non-Hispanic) population is significantly higher than the state average (65.5% vs 39.9%). The Black or African American population is significantly higher than the state average (22.5% vs 11.9%). The Hispanic or Latino population (9.0%) is well below the state average of 39.5%. The Asian population (1.7%) is well below the state average of 5.3%.

Education

28.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 13% 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 93.9%.

Data Sources & Methodology

All demographic data for Wake Village 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 Wake Village city, Texas?

Wake Village city, Texas has a population of 5,887 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Wake Village city, TX?

The median household income in Wake Village city is $69,796, which is 11% lower the national median of $78,538.

What is the poverty rate in Wake Village city, TX?

The poverty rate in Wake Village city is 14.0%. This means approximately 821 residents live below the federal poverty line.

What is the racial makeup of Wake Village city, Texas?

Wake Village city's population is 65.5% White, 22.5% Black, 9.0% Hispanic/Latino, and 1.7% Asian.

What is the median home value in Wake Village city, TX?

The median home value in Wake Village city is $172,900. The home-value-to-income ratio is 2.5x.

How educated is Wake Village city, Texas?

28.8% of adults (25+) in Wake Village city hold a bachelor's degree or higher, and 9.3% hold a graduate or professional degree.