Damon, Texas Median Income

Damon, Texas has a population of 552, with a median household income of $54,120.

Current median income data for Damon.

$54,120

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Population

552

💰

Median Income

$54,120

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Unemployment

4.10%

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Housing Price

$214,300

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Crime Rate

8.40

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Internet Speed

91.20 Mbps

Damon is a small local community located in Texas. The city has a population that is below the average city population in Texas, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Damon is a notable city in Texas, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Damon has a population of 552, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Damon is $54,120, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Damon is about $214,300, making it relatively affordable compared to many cities in Texas.

Employment and Safety

The unemployment rate in Damon is 4.10%, which is lower than the state average, indicating a relatively strong job market. Damon has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Texas, Damon shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Damon continues to play a role in shaping regional trends in Texas, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Damon

What is the population of Damon?

The population of Damon is approximately 552.

Is Damon a good place to live?

Damon offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Damon?

The median household income in Damon is around $54,120.

How expensive is housing in Damon?

The average housing price in Damon is approximately $214,300.