The Tom Bean city data includes the following demographics: population and steets. Most of the housing units in Tom Bean were built before 1940 and 5.0% were built after that. The median monthly rent in Tom Bean is $956, and 68.8% of households have broadband Internet service. There were 768 households in Tom Bean at the last census, and a little over a thousand people live in the city.
In the late 1800s, the town of Tom Bean was a railroad stop for the St. Louis Southwestern Railway. The town was named after a surveyor from Bonham, Missouri, who donated a fifty-acre tract for the town's site. The railroad used the townsite to make stops along the way to the next city, Sherman. The community of Tom Bean also boasted a post office.
In addition, Tom Bean has a low poverty rate, with just 0.2% of the population living in poverty. The number of evictions per household was 3% lower in 2016, compared to last year. The median home value is $78,812 and the average household size is 2.67. In 2016, there were 0 evictions in Tom Bean. A high number of evictions is a signal of an unhealthy economy.
The median household income in Tom Bean, TX is $54,333. This is less than the national median income of $65,712 for men and $0.767 for women. The income inequality in Tom Bean is 0.48. The largest industries in Tom Bean, TX are Health Care & Social Assistance, Retail Trade, and Manufacturing. The highest paying industries are Health Care & Social Assistance, Manufacturing, and Transportation & Wareulities.