Commerce, Texas is a small town with a population of just over 8,000. Young adults aged 15-24 should fit right in, as they make up an above-average 36% of the community, while middle-aged professionals account for a smaller percentage of the town. Overall, the town's residents, with an average age of just under 34, skew younger than most cities in Texas. Homeowners tend to be in the minority in the area, and 58% of residents are renters, driven in part by a relatively reasonable average rent that is $216/month less than the state average. Over the course of a year, renters in Commerce will save around $2,600 compared to the state average.
There are three primary industries in Commerce: education, entertainment, and retail. Combined, these industries make up 27% of the labor force in the town. Meanwhile, looking at job function, 6% of the town's population works in sales, which ranks as the top profession in the town. Commerce workers earn an average annual income of just under $45,000, less than the average Texas resident. The town's average income also falls below the national average ($73,345). Commerce has a relatively large number of residents older than 25 with advanced degrees compared to the national average (7%), as 9% possess a Master's degree or a Doctorate. Further, 8% have earned a Bachelor's degree.
Averaging about 23 minutes, the commute time for Commerce residents outperforms the Texas average of about 27 minutes. Driving a vehicle is the most common way to get to work, selected by 35% of commuters, while public transit isn't used. Few residents (5%) commute to work on foot, though the number is significantly higher than the national average.
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