A small town in Texas, Floydada has a population of slightly less than 3,000. Families with young children are customary, as kids under 5 account for an above-average 9% of the population, while young professionals figure less prominently in the demographics. Renters tend to be in the minority in Floydada, and 77% of residents own their homes. With a relatively low average rent of $789 a month in the town, renting remains an affordable option, particularly compared to other cities in Texas. Each month, renters in Floydada will save around $240 compared to the state average.
With an average commute time of about 14 minutes, outperforming most cities in the state, Floydada residents have found that it isn't overly time-consuming to travel to work. Many residents (35%) drive their car or truck to work, while public transit isn't used. Relatively few commuters walk to work.
There are two primary industries in Floydada: agriculture and healthcare. Together, these industries account for 15% of the workforce in the town. Meanwhile, looking at job function, many workers in these industries are in transportation, as 6% of the town's population reports this as their field of work, the highest number of any field. With an average annual income of just over $50,000, Floydada workers earn less than their peers elsewhere in the state. Floydada's average income also trails the national average of $73,345. Among residents over the age of 25 in Floydada, 10% have earned a Bachelor's, Master's, Professional, or Doctoral degree.
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