Population 4,763 · Census ACS 2020–24
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Population and households in Wake Village
Household size in Wake Village
| Period | Wake Village | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 2.58 | 2.87 | 2.68 |
| 2010–14 | 2.70 | 2.93 | 2.73 |
| 2015–19 | 2.59 | 2.95 | 2.71 |
| 2020–24 | 2.57 | 2.83 | 2.65 |
| Change | −0.01 | −0.05 | −0.03 |
Households in Wake Village run a little small, averaging 2.57 people against 2.65 nationally, which usually means more singles and couples and fewer children. The biggest households, usually families with children, are concentrated in the south.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Wake Village
| Period | Wake Village | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 33.7 | 34.7 | 37.7 |
| 2010–14 | 31.9 | 35.4 | 38.6 |
| 2015–19 | 41.3 | 36.1 | 39.6 |
| 2020–24 | 34.8 | 36.7 | 40.1 |
| Change | +1.2 | +2.0 | +2.3 |
Wake Village is young: half of its residents are under 34.8, compared with a national median of 40.1. The population tilts toward young adults, many of them living alone or as couples. The median age has climbed from 33.7 in 2006–10, but in a place this small, survey estimates can swing a lot from one release to the next.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Wake Village
| Period | Wake Village | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 15.9% | 13.7% | 12.3% |
| 2010–14 | 18.8% | 13.7% | 12.3% |
| 2015–19 | 12.2% | 13.1% | 11.6% |
| 2020–24 | 21.4% | 12.9% | 11.6% |
| Change | +5.5 pts | −0.8 pts | −0.6 pts |
Single parents head just over one in five households in Wake Village (21.4%), well above the national share of 11.6%. Only 30 of the 545 Texas cities with 5,000+ people have a higher share of single-parent households.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Wake Village
Renters in Wake Village
| Period | Wake Village | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 29.4% | 35.2% | 33.3% |
| 2010–14 | 33.8% | 37.3% | 35.6% |
| 2015–19 | 31.8% | 38.0% | 36.0% |
| 2020–24 | 46.3% | 37.4% | 34.8% |
| Change | +16.9 pts | +2.3 pts | +1.5 pts |
Renting is far more common in Wake Village than nationally: 46.3% of households rent their homes, against 34.8%. Among homeowners, 54.3% have no mortgage at all, well above the national share of 39.8%. Renting is most common in the east and least common in the northwest. Only 41 of the 545 Texas cities with 5,000+ people have a higher share of renters.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Wake Village
| Period | Wake Village | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 10.7% | 11.8% | 11.4% |
| 2010–14 | 12.2% | 10.9% | 11.4% |
| 2015–19 | 12.4% | 10.9% | 11.1% |
| 2020–24 | 15.6% | 9.4% | 9.6% |
| Change | +5.0 pts | −2.4 pts | −1.8 pts |
Vacancy is high in Wake Village: 15.6% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand. Wake Village has a higher vacancy rate than at least four in five Texas cities.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Wake Village
| Period | Wake Village | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 1978 | 1983 | 1974 |
| 2010–14 | 1982 | 1985 | 1975 |
| 2015–19 | 1978 | 1987 | 1977 |
| 2020–24 | 1983 | 1992 | 1980 |
| Change | +5 | +8 | +6 |
The typical home in Wake Village was built around 1983, about the same vintage as the country's housing overall (1980). Homes here are older than in Texas overall, where the median home dates to 1992. The newest homes are mostly in the southwest, the oldest in the east.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Wake Village
| Period | Wake Village | Texas | U.S. |
|---|---|---|---|
| 2006–10 | $666 | $921 | $965 |
| 2010–14 | $753 | $1,005 | $1,040 |
| 2015–19 | $785 | $1,178 | $1,213 |
| 2020–24 | $1,055 | $1,560 | $1,571 |
| Change | +$389 | +$639 | +$606 |
A typical rental in Wake Village costs $1,055 a month with utilities, well below the national median of $1,571. Rent takes 26.8% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent. Renters on a budget will find the lowest rents in the northwest; the highest are in the south.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Wake Village
Bachelor's degrees in Wake Village
| Period | Wake Village | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 20.8% | 27.0% | 28.4% |
| 2010–14 | 16.9% | 27.9% | 29.6% |
| 2015–19 | 22.0% | 30.0% | 32.1% |
| 2020–24 | 24.6% | 34.0% | 35.6% |
| Change | +3.8 pts | +7.1 pts | +7.2 pts |
Fewer adults in Wake Village have a four-year degree than in the country as a whole: 24.6%, against 35.6% nationally.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Wake Village
| Period | Wake Village | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 88.4% | 80.7% | 84.9% |
| 2010–14 | 92.2% | 82.0% | 86.1% |
| 2015–19 | 91.3% | 83.6% | 87.7% |
| 2020–24 | 93.5% | 85.8% | 89.3% |
| Change | +5.2 pts | +5.1 pts | +4.3 pts |
High school completion in Wake Village is above the national rate: 93.5% of adults have a diploma, against 89.3%. Wake Village has a higher share of high school graduates than most Texas cities.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Wake Village
| Period | Wake Village | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 4.1% | 7.0% | 8.1% |
| 2010–14 | 7.4% | 7.7% | 9.4% |
| 2015–19 | 2.9% | 5.1% | 5.6% |
| 2020–24 | 2.2% | 5.3% | 5.4% |
| Change | −1.9 pts | −1.7 pts | −2.7 pts |
Unemployment in Wake Village has been low: just 2.2% of the labor force was out of work and looking, well below the national rate of 5.4%. Of the 545 Texas cities with 5,000+ people, only 35 have lower unemployment. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Wake Village compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Wake Village | 2.57 | 34.8 | 21.4% | 46.3% | 15.6% | 1983 | $1,055 | 24.6% | 93.5% | 2.2% |
| Texarkana | 2.48 | 39.2 | 13.4% | 40.8% | 13.4% | 1981 | $1,109 | 25.7% | 90.9% | 4.9% |
| Nash | 2.50 | 35.8 | 17.9% | 38.1% | 13.7% | 1991 | $902 | 20.5% | 88.4% | 6.2% |
| Leary | 2.61 | 39.7 | 10.2% | 23.6% | 13.4% | 1990 | $963 | 13.8% | 84.8% | 1.9% |
| Red Lick | 2.64 | 42.9 | 3.0% | 13.0% | 5.1% | 1995 | $1,169 | 47.1% | 96.8% | 3.0% |
| Texarkana | 2.52 | 39.2 | 16.7% | 41.1% | 19.2% | 1980 | $888 | 15.3% | 86.8% | 7.4% |
| Victory City | 2.86 | 38.6 | 2.2% | 14.1% | 6.4% | 1996 | $1,192 | 40.8% | 98.0% | 1.8% |
| Redbank | 3.01 | 36.1 | 2.0% | 16.7% | 8.1% | 1999 | $1,271 | 33.4% | 94.8% | 0.9% |
| Redwater | 2.37 | 45.2 | 4.0% | 25.0% | 10.2% | 1987 | $783 | 27.2% | 91.6% | 2.2% |
| Hooks | 2.66 | 37.0 | 16.2% | 30.9% | 16.9% | 1984 | $1,065 | 21.0% | 90.2% | 3.2% |
| Burns | 2.84 | 40.3 | 3.7% | 7.5% | 15.9% | 1996 | $1,093 | 21.4% | 84.7% | 0.8% |
All figures 2020–24.
Cities with similar populations: Hudson, MI · Kerhonkson, NY · Kaunakakai, HI · Karnes City, TX · Kalona, IA · Josephine, TX · Joppa, MD · Huxley, IA · Hunters Creek Village, TX · Hugoton, KS
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Wake Village. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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