A Report On Payne Springs, Texas

The labor pool participation rate in Payne Springs is 50.6%, with an unemployment rate of 5.7%. For everyone located in the labor force, the common commute time is 30.9 minutes. 2.5% of Payne Springsā€™s residents have a masters degree, and 11% have a bachelors degree. For people without a college degree, 32.8% have some college, 43.3% have a high school diploma, and only 10.4% have an education less than senior high school. 14.2% are not included in health insurance.

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The typical family unit size in Payne Springs, TX is 2.93 household members, with 81.4% owning their own dwellings. The average home value is $109395. For individuals leasing, they pay out on average $967 per month. 33.2% of households have 2 incomes, and a median household income of $40750. Median individual income is $21563. 8.3% of inhabitants exist at or below the poverty line, and 21.4% are considered disabled. 15% of citizens are former members associated with the military.