If you're considering relocating to Floydada City, TX, here are some statistics you should know. The median household income is $43,137, which is lower than the US's median of $65,712. This is a 4.57% increase from last year. Here's how many households in Floydada, TX drive a car to work.
As a growing community, Floydada has seen a steady rise in prosperity in recent years. In 1950, there were 92 businesses and a population of 3,214. By 1960, the city had added a new school and 22 churches and three parks. By 2000, the population had dwindled to 3,676. In addition to cotton, the city's main economic sources were vegetables, soybeans, and corn.
In addition to oil and gas, residents in Floydada pay a large percentage of the local property taxes - around $800 in total. The majority of housing units are owner-occupied, with 78.7% of units in Floydada being rented. That's significantly higher than the nation's average of 64.1%. The median gross monthly rent in Floydada is $724.
There are several training centers in Floydada. The Floydada Economic Development Corporation provides training programs. The Texas Workforce Commission provides financial assistance to employers for training. Caprock Community Action offers a learning lab. These centers offer GED classes for adults who qualify for financial assistance. In addition to these services, the city also hosts the Texas A&M Engineering Extension Service, which conducts workshops on the topic of engineering.