Groundwork

Real estate · Small-town market · Texas

Real estate businesses in the Hereford, TX area

Competitor counts, household spending and official business counts for real estate businesses in the Hereford, TX area, set against other small-town markets and the U.S.

Groundwork market score · out of 100

Score 68 out of 100: Upper middle

Ranked #61 of 536 scored small-town markets
#5 of 40 scored small-town markets based in Texas

Listings
8
1 chain location (13%)
Official establishments
n/a
Fewer than 3, or not published
Household spending a year
$83.6M
On rent and homeowner costs · $13,823 a household
Housing spending per listing (U.S. = 100)
241
2.4 times the U.S.
Listings per 10k households
13.2
66% below the U.S.
Population, 2025
18,626
+0.5% since 2020

See the real estate businesses around any address in the Hereford area

The site report maps the real estate businesses on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Hereford area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Household spending on rent and homeowner costs in the Hereford area comes to about $83.6M a year: $13,823 per household, 17% below the U.S. average. Housing spending per office is 2.4 times the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in.

The Hereford area has 8 real estate businesses on map listings as of September 2026. One of them (13%) is a chain location, against 6% across the U.S. That comes to 13.2 for every 10,000 households, 66% below the U.S. rate of 38.5.

Official counts don’t publish a figure for real estate agents, property managers, mortgage lenders and inspectors in the Hereford area, since they leave out counts under 3. Official counts list 25 one-person businesses without payroll.

Population estimates put the population change in the Hereford area from 2020 to 2025 at +0.5%, slower than the U.S. (+3.1%). The Hereford area scores 68 (upper middle) on the Groundwork market score for real estate businesses, ranking #61 of 536 scored small-town markets and #5 of 40 scored small-town markets based in Texas. That puts it in the top quarter of small-town markets.

How the Hereford area compares

The same measures for Texas and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Real estate in Hereford, TX area compared with Texas and the U.S.
MeasureHereford areaTexasU.S.
Listings per 10k households13.237.138.5
Housing spending per listing (U.S. = 100)24198100
Households per official establishmentn/a473414
Official establishment growth, 2019–2023n/a+23.6%+15.8%
Population growth, 2020–2025+0.5%+8.5%+3.1%
Spending per household on rent and homeowner costs$13,823$15,682$16,661
Median household income$60,799$78,476$80,734
Groundwork market score6853

Official counts and lending

Businesses

Official establishments, 2019 to 2023
n/a
Employees, 2023
n/a
Annual payroll, 2023
n/a
One-person businesses, 2023
25Businesses with no payroll
Map listings, September 2026
81 chain location
Listings at the U.S. rate for this spending
19The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Hereford area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Hereford area

Population, 2025 estimate
18,626+0.5% since 2020
Households
6,051
Median age
31.6
Homes lived in by their owners
67%
Vehicles per household
2.1
Land area
1,497 sq. mi.
People per square mile
12
Median household income
$60,799+22.3% vs. 2015–2019, before inflation
Average household income
$75,276
Median home value
$121,300
Jobs located here
8,711
Daytime population
18,792Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Hereford area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate businesses on map listings by name and distance.

Or open the report at the center of the Hereford area. Signed out, you see a blurred preview; on an account, each report is one action.

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Real estate across Texas

Every Texas market ranked →

The highest-scoring small-town markets in Texas for real estate businesses, numbered among those based in Texas, with the Hereford area marked.

Top small-town markets in Texas

Small-town markets in Texas ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Bonham, TX802318.0192+9.2%#11 of 536
2Dumas, TX771014.0228+3.0%#21 of 536
3Rio Grande City-Roma, TX7094.7592+0.7%#45 of 536
4Borger, TX68912.9259−4.5%#59 of 536
5Hereford, TX68813.2241+0.5%#61 of 536
6Jacksonville, TX683418.7173+5.4%#63 of 536
7Alice, TX661911.7264−1.3%#75 of 536
8Andrews, TX661623.4150+1.6%#81 of 536
9Palestine, TX643419.3164+3.2%#97 of 536
10Port Lavaca, TX631719.6179−2.3%#107 of 536

Other business types in the Hereford area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many real estate businesses are in the Hereford, TX area?

Map listings as of September 2026 show 8 real estate businesses in the Hereford area. One of them (13%) is a chain location. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. No official count is published for real estate agents, property managers, mortgage lenders and inspectors in the Hereford area: counts under 3 are left out. Official counts also show 25 one-person businesses without payroll.

How much do households in the Hereford, TX area spend on rent and homeowner costs?

About $83.6M a year, or $13,823 per household. That is 17% below the U.S. average (an index of 83, where 100 is the U.S. average). For the 8 real estate businesses on map listings, housing spending per office is 2.4 times the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in. It is estimated from the incomes of the 6,051 households in the Hereford area and national spending patterns by income.

How does the Hereford, TX area compare with the U.S. for real estate businesses?

The Hereford area has 13.2 real estate businesses per 10,000 households, 66% below the U.S. rate of 38.5. The index of housing spending per office is 241, where 100 is the U.S. At the U.S. ratio of real estate businesses to household spending, the Hereford area would have about 19, against 8 on map listings.

How fast is the Hereford, TX area growing?

Population estimates put the Hereford area at 18,626 people in 2025, up 0.5% since 2020, slower than the U.S. (+3.1%). It has 6,051 households. Median household income in the Hereford area is $60,799, 25% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 22.3%, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Hereford area scores 68 for real estate businesses (upper middle), #61 of 536 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Hereford area. It maps the real estate businesses on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for real estate businesses · All 56 business types in the Hereford area

Screening a site or an acquisition in the Hereford area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Hereford area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.