78940 can be classified socioeconomically as Lower Middle Class class compared to other ZIP Codes in Texas based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 78940 is White. The majority race/ethnicity attending public schools in 78940 is White. The current unemployment level in 78940 is 4.1%.
| Population | 2,071 |
| Population Growth Rate | -9.34% |
| Population Density | 16 People per Square Mile |
| Total Households | 892 |
| Percentage High Income Households | 2.1% |
| Median Household Income (2021) | $71,985 |
| Average Adjusted Gross Income (2021) | $522,050 |
| Current Unemployment Rate (May 2026) | 4.1% |
| Sales Tax Rate (2025) | 8.2% |
| Majority Race/Ethnicty | White - 86.83% |
| Public School Majority Race/Ethnicty | White - 79.93% |
78940 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 1,978 | 86.83% |
| Black | 171 | 7.51% |
| Hispanic | 129 | 5.66% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
78940 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 219 | 81.41% |
| Black | 5 | 1.86% |
| Hispanic | 45 | 16.73% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
78940 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 70 | 5.08% |
| Bachelor Degree | 215 | 15.61% |
| High School Diploma | 491 | 35.66% |
| No High School Diploma | 32 | 2.32% |
| GED or Alternate | 41 | 2.98% |
| 1 or More Years of College | 260 | 18.88% |
| Associates Degree | 117 | 8.5% |
| Masters Degree | 82 | 5.95% |
| Professional Degree | 24 | 1.74% |
| Doctorate Degree | 45 | 3.27% |