

414 Parkway
P.O. Box 1719
Denton, TX 76202-1719
940.382.7151
940.243.9695 metro
940.382.0040 fax
Housing & Income
Federal, State and Local Figures
| 2006 Family Income Estimates | ||||
|---|---|---|---|---|
Entity |
Median Family Income |
Per Capita Income |
Families Below Poverty Level |
Individuals Below Poverty Level |
City of Denton |
56,105 |
21,203 |
12% |
21% |
Denton County |
81,272 |
29,830 |
6% |
9% |
Texas |
52,355 |
22,501 |
13% |
17% |
United States |
58,526 |
25,267 |
10% |
13% |
Source: US Census Bureau
Median Family and Per Capita Income

Poverty Level

| Aggregate Household Income Projections by Race and Mean Household Income for North Central Texas Region |
||||||
|---|---|---|---|---|---|---|
Year |
White |
Black |
Hispanic |
Other |
Total |
Income |
2010 |
$104,723,925,000 |
$14,159,532,824 |
$21,297,952,215 |
$7,230,410,462 |
$147,411,820,501 |
$61,866 |
2020 |
$114,429,843,036 |
$17,183,968,653 |
$32,357,391,639 |
$10,216,466,621 |
$174,187,669,949 |
$60,327 |
2030 |
$121,229,815,378 |
$19,698,105,643 |
$46,710,230,442 |
$13,669,804,470 |
$201,307,955,933 |
$58,851 |
Source: Texas State Data Center 0.5 Scenario
| Price Distribution of Homes Sold in Denton County | ||||||||
|---|---|---|---|---|---|---|---|---|
Price of Home |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
$29,999 or less |
0.2 |
0.1 |
0.1 |
0.2 |
0.2 |
0.1 |
0.1 |
0.2 |
30,000-59,999 |
2 |
1.3 |
1.4 |
1.3 |
1.4 |
1.4 |
1.2 |
1.4 |
60,000-89,999 |
11.2 |
7 |
5.7 |
4.8 |
5.2 |
4.5 |
4.1 |
4.4 |
90,000-139,999 |
33.8 |
34.4 |
34.7 |
33.4 |
32.3 |
31.4 |
29.6 |
27.9 |
140,000-199,999 |
28.2 |
30.3 |
32.2 |
33.3 |
32.4 |
33.3 |
33.2 |
30.8 |
200,000-399,999 |
21.8 |
24.4 |
22.6 |
23.5 |
24.1 |
24.6 |
26.2 |
28 |
400,000 and Greater |
2.7 |
2.6 |
3.4 |
3.6 |
4.3 |
4.8 |
5.6 |
7.2 |
Source: Real Estate Center at Texas A&am;M University
| Home Occupancy and Vacancy Rates | ||||
|---|---|---|---|---|
Entity |
Occupied Housing Units |
Vacant Housing Units |
Homeowner Vacancy Rate |
Rental Vacancy Rate |
City of Denton |
31,513 |
4,213 |
1.3% |
9.0% |
Denton County |
198,774 |
15,451 |
2.2% |
7.5% |
Texas |
8,109,388 |
1,115,532 |
2.3% |
10.3% |
Source: US Census Bureau
| Rental Units and Rent | ||
|---|---|---|
Entity |
Renter Occupied Units |
Median Rent |
City of Denton |
15,396 |
$707 |
Denton County |
63,124 |
$822 |
Texas |
2,818,343 |
$711 |
Source: US Census Bureau
Average city home value in 2007: $136,546
Number of homes within Denton 2007: 23,340
Average home value within Denton Independent School District in 2007: $155,800
Number of homes within Denton Independent School District in 2007: 34,618
Average home value within Denton County in 2007: $192,291
Number of homes within Denton County in 2007: 160,812
Source Denton Central Appraisal District 2007
| 2007 Property Tax Rates | |
|---|---|
| City of Denton | 0.66652 |
| Denton County | 1.43400 |
| Denton School District | 0.23589 |
| Total per $100 of valuation | 2.33641 |
Source: Denton Central Appraisal District
| 2007 Sales Tax Rates | |
|---|---|
Taxing Entity |
Rate |
City of Denton |
0.015 |
Denton County Transportation Authority |
0.005 |
State |
0.0625 |
Total |
0.0825 |
Source: Dental Central Appraisal District
| Cost Price Index Comparison with Major Cities | |
|---|---|
Atlanta, GA |
193.8 |
Boston, MA |
227.4 |
Dallas/Fort Worth, TX (includes Denton) |
193.3 |
Denver, CO |
202.0 |
Houston, TX |
183.8 |
San Francisco, CA |
216.1 |
Miami, FL |
212.4 |
New York, NY |
226.9 |
Phoenix, AZ |
115.3 |
St. Louis, MO |
193.2 |
Source: US Department of Labor and Bureau of Labor Statistics, 2007
| Average Building Costs | ||
|---|---|---|
Retail |
||
Average Retail Lease Rate: |
$12 - $30 SF Triple Net |
|
Retail Pad Site: |
$10 - $20 SF |
|
Office |
||
Average Office Lease Rate: |
$12 - $18 SF Triple Net |
|
Medical Office Lease Rate: |
$16 - $20 SF Triple Net |
|
Office Pad Site: |
$8 - $15 SF |
|
Industrial |
||
Average Industrial Lease Rate: |
$5.50 SF Triple Net |
|
Industrial Site Cost: |
$1.5 - $2 SF |
|
Industrial Building Cost: |
$30 - $50 SF |
|
Claritas Estimates
| City of Denton Household Income | |
|---|---|
$250,000 + |
2% |
$100,000 - 249,999 |
20% |
$50,000 - $99,000 |
27% |
$35,000 - $49,000 |
15% |
$25,000 - $34,999 |
10% |
$15,000 - $24,999 |
8% |
Less than $15,000 |
7% |
*source Claritas 2007
According to Claritas figures, the average household income is 57,833 in the City of Denton, which is slightly lower than the national average of $66,670. The per capita income for the City of Denton is $22,760 compared to a national figure of $25,495.
| City of Denton Household Projections | |
|---|---|
Year |
Number of Households |
1990 |
52,414 |
2000 |
44,432 |
2007 |
33,340 |
2012 |
26,742 |
Source: Claritas 2007

