A small town located in Texas, Payne Springs has a population of approximately 1,000. There is no shortage of peers for young adults (15-24), who account for a larger portion of the population here (18%) than nationally (14%), while young professionals figure less prominently in the demographics. Most residents own their homes in Payne Springs, and 27% of residents rent. Renters in the town benefit from a relatively low average rent of $891/month, which is $137 a month less than the state average.
With an average commute time of about 32 minutes, slower than most cities in Texas, Payne Springs residents know that it takes some patience getting to work. Many residents (39%) drive their car to work, while public transportation is not used. Walking isn't a common method of commuting to work.
Payne Springs has a relatively high percentage of residents over the age of 25 who have an Associate's degree (6%) compared to the state average. Further, 10% have a Bachelor's, Master's, Professional, or Doctoral degree. There are plenty of industries from which to choose in Payne Springs. The four most common are entertainment, construction, education, and retail. Together, these industries account for 23% of the labor force in the town. Payne Springs workers take home an average annual income of just over $67,000, a bit less than their peers elsewhere in Texas. Payne Springs's average income also trails the national average of $73,345.
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