Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

339 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: $1,121

Average Rent as Percentage of Gross Income

Median rent for 2018: $780

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $32,080
--Home Prepared Food $18,077
--Restaurant/Takeaway Food $14,003
Alcoholic Beverages $2,355
Housing $81,313
--Rent/Mortgage/Upkeep/Taxes $47,547
--Utilities $16,390
--Operations $6,174
--Supplies $3,023
--Furnishings $8,211
Apparel $7,543
--Men & Boys $1,687
--Women & Girls $3,055
--Children < 2 $32
--Footwear $1,591
Transportation $39,495
--New Vehicles $7,383
--Used Vehicles $8,434
--Fuel $8,529
--Insurance $3,946
--Public Transit $3,310
Healthcare $20,114
Entertainment $13,048
--Pets $2,673
--Toys $637
Personal Care Products $3,119
Books & Literature $446
Education $5,697
Tobacco Products $1,400
Miscellaneous $4,010
Retirement $7,638
Non-health Insurance $29,534
Total Expenditures $247,791

Selected Population Data

Period Geography Population
2014 Hereford, TX Micro Area 19,331
2015 Hereford, TX Micro Area 19,245
2016 Hereford, TX Micro Area 19,039
2017 Hereford, TX Micro Area 18,947
2018 Hereford, TX Micro Area 18,899