D

Honey Grove, TX

Source:

Affordability Score: 45/100

Population: 3,180 · 1 ZIP codes

The affordability dashboard for Honey Grove, TX aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 3,180 residents, then layers in county-level federal data to produce an overall grade of D (45/100). The headline inputs are median household income of $52,460, median home value of $238,800, median rent of $599 per month, and 22.2% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $985 per month (studio $679, 1BR $751, 3BR $1,370, 4BR $1,652). Department of Labor data lists infant center-based childcare at $7,176 per year, consuming 14% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Pressure points are income, education, housing. Unemployment currently reads 4.6% and poverty 16.5% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income F
$52,460
Median household income
Education F
22.2%
Bachelor's degree or higher
Housing F
4.6x
Home value $238,800 vs income
Commute D
27 min
Average commute time
Rent B
$985/mo
2BR fair market rent (23% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C
$7,176/yr
Center-based infant care (14% of income)

Income & Employment

Median Income
$52,460
▼ 15% vs national
Per Capita Income
$34,063
Unemployment Rate
4.6%
Poverty Rate
16.5%

Housing

Median Home Value
$238,800
▼ 13% vs national
Median Rent
$599/mo
Owner Occupied
78.5%
2BR Fair Market Rent
$985/mo
▼ 18% vs national

Fair Market Rents by Bedroom

Studio
$679
1BR
$751
2BR
$985
3BR
$1,370
4BR
$1,652

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
22.2%
▼ 8 ppt vs national
High School+
61.6%
Median Age
43.1
Avg. Commute
27 min
▲ 1 min vs national

Childcare Costs

Infant (Center)
$7,176/yr
14% of income
Toddler (Center)
$6,760/yr
Preschool (Center)
$6,604/yr
School-Age (Center)
$6,240/yr

What This Means

Honey Grove, TX receives an overall affordability grade of D (45/100), aggregated from 1 ZIP codes with a total population of 3,180. Challenges include income and education and housing. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Honey Grove, TX affordable?
Honey Grove, TX receives an overall affordability grade of D (45/100) based on Census, HUD, FBI, and DOL data. Median household income is $52,460. Median home value is $238,800.
What is the cost of living in Honey Grove?
Key cost metrics: Median rent $599/mo. 2BR fair market rent $985/mo. Infant childcare $7,176/yr. Median home value $238,800.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →