Life in Providence Village research summary. HomeSnacks has been researching the quality of life in Providence Village over the past eight years using Census data, FBI crime data, cost of living data, and other primary sources. Based on the most recently available data, we found the following about life in Providence Village:
The population in Providence Village is 7,359.
The median home value in Providence Village is $242,800.
The median income in Providence Village is $100,134.
The cost of living in Providence Village is 109 which is 1.1x higher than the national average.
The median rent in Providence Village is $2,032.
The unemployment rate in Providence Village is 1.9%.
The poverty rate in Providence Village is 11.0%.
Cost of living in Providence Village summary. We use data on the cost of living to determine how expensive it is to live in Providence Village. Real estate prices drive most of the variance in cost of living around Texas. Key points include:
The cost of living in Providence Village is 109 with 100 being average.
The cost of living in Providence Village is 1.1x higher than the national average.
The median home value in Providence Village is $242,800.
The median income in Providence Village is $100,134.
Living Expense | Providence Village | Texas | National Average | |
---|---|---|---|---|
Overall | 109 | 92 | 100 | |
Services | 111 | 96 | 100 | |
Groceries | 97 | 93 | 100 | |
Health | 75 | 93 | 100 | |
Housing | 115 | 84 | 100 | |
Transportation | 100 | 92 | 100 | |
Utilities | 109 | 104 | 100 |
Year | Population | % Change |
---|---|---|
2021 | 7,359 | 4.3% |
2020 | 7,053 | 7.7% |
2019 | 6,548 | 5.2% |
2018 | 6,223 | 20.6% |
2017 | 5,160 | 3.7% |
2016 | 4,975 | 2.0% |
2015 | 4,876 | -6.6% |
2014 | 5,219 | - |
2013 | 0 | - |
2012 | 0 | - |
66.7% White with 4,909 White residents.
11.2% African American with 827 African American residents.
0.3% American Indian with 21 American Indian residents.
0.0% Asian with 0 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.0% Other with 0 Other residents.
3.5% Two Or More with 256 Two Or More residents.
18.3% Hispanic with 1,346 Hispanic residents.
Race | Providence Village | TX | USA |
---|---|---|---|
White | 66.7% | 40.7% | 59.4% |
African American | 11.2% | 11.8% | 12.2% |
American Indian | 0.3% | 0.2% | 0.6% |
Asian | 0.0% | 5.0% | 5.6% |
Hawaiian | 0.0% | 0.1% | 0.2% |
Other | 0.0% | 0.3% | 0.4% |
Two Or More | 3.5% | 2.3% | 3.2% |
Hispanic | 18.3% | 39.8% | 18.4% |
Providence Village is 54.9% female with 4,039 female residents.
Providence Village is 45.1% male with 3,319 male residents.
Gender | Providence Village | TX | USA |
---|---|---|---|
Female | 54.9% | 50.1% | 50.5% |
Male | 45.1% | 49.9% | 49.5% |
2.0% of adults in Providence Village completed < 9th grade.
6.0% of adults in Providence Village completed 9-12th grade.
15.0% of adults in Providence Village completed high school / ged.
20.0% of adults in Providence Village completed some college.
15.0% of adults in Providence Village completed associate's degree.
29.0% of adults in Providence Village completed bachelor's degree.
10.0% of adults in Providence Village completed master's degree.
1.0% of adults in Providence Village completed professional degree.
2.0% of adults in Providence Village completed doctorate degree.
Education | Providence Village | TX | USA |
---|---|---|---|
< 9th Grade | 2.0% | 7.0% | 5.0% |
9-12th Grade | 6.0% | 8.0% | 6.0% |
High School / GED | 15.0% | 25.0% | 26.0% |
Some College | 20.0% | 21.0% | 20.0% |
Associate's Degree | 15.0% | 8.0% | 9.0% |
Bachelor's Degree | 29.0% | 20.0% | 21.0% |
Master's Degree | 10.0% | 8.0% | 9.0% |
Professional Degree | 1.0% | 2.0% | 2.0% |
Doctorate Degree | 2.0% | 1.0% | 2.0% |
0.5% of households in Providence Village earn Less than $10,000.
5.4% of households in Providence Village earn $10,000 to $14,999.
1.0% of households in Providence Village earn $15,000 to $24,999.
2.5% of households in Providence Village earn $25,000 to $34,999.
1.5% of households in Providence Village earn $35,000 to $49,999.
16.3% of households in Providence Village earn $50,000 to $74,999.
22.5% of households in Providence Village earn $75,000 to $99,999.
33.0% of households in Providence Village earn $100,000 to $149,999.
10.5% of households in Providence Village earn $150,000 to $199,999.
6.7% of households in Providence Village earn $200,000 or more.
Income | Providence Village | TX | USA |
---|---|---|---|
Less than $10,000 | 0.5% | 5.7% | 5.5% |
$10,000 to $14,999 | 5.4% | 3.7% | 3.9% |
$15,000 to $24,999 | 1.0% | 7.7% | 7.8% |
$25,000 to $34,999 | 2.5% | 8.5% | 8.2% |
$35,000 to $49,999 | 1.5% | 11.7% | 11.4% |
$50,000 to $74,999 | 16.3% | 17.3% | 16.8% |
$75,000 to $99,999 | 22.5% | 12.7% | 12.8% |
$100,000 to $149,999 | 33.0% | 16.2% | 16.3% |
$150,000 to $199,999 | 10.5% | 7.7% | 7.8% |
$200,000 or more | 6.7% | 8.7% | 9.5% |