Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

287 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,110

Average Rent as Percentage of Gross Income

Median rent for 2018: $778

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $25,236
--Home Prepared Food $14,220
--Restaurant/Takeaway Food $11,016
Alcoholic Beverages $1,853
Housing $63,966
--Rent/Mortgage/Upkeep/Taxes $37,403
--Utilities $12,893
--Operations $4,857
--Supplies $2,378
--Furnishings $6,459
Apparel $5,933
--Men & Boys $1,327
--Women & Girls $2,403
--Children < 2 $25
--Footwear $1,252
Transportation $31,069
--New Vehicles $5,808
--Used Vehicles $6,634
--Fuel $6,710
--Insurance $3,104
--Public Transit $2,604
Healthcare $15,823
Entertainment $10,265
--Pets $2,103
--Toys $501
Personal Care Products $2,453
Books & Literature $350
Education $4,481
Tobacco Products $1,102
Miscellaneous $3,154
Retirement $6,009
Non-health Insurance $23,233
Total Expenditures $194,928

Selected Population Data

Period Geography Population
2014 Hereford city, Texas 15,330
2015 Hereford city, Texas 15,257
2016 Hereford city, Texas 15,086
2017 Hereford city, Texas 15,003
2018 Hereford city, Texas 14,938