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The total population of Alvarado is estimated to be 5,107 with 2,523 males (49.40%) and 2,584 females (50.60%). There are 61 more females than males in Alvarado.
The median household income in Alvarado was $65,140 in 2021, which marked an a decrease of 189(0.29%) from $65,329 in 2020. This income is 87.31% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Alvarado sees its highest median household income among householders in the age group of 45 to 64 years old, at $78,886. Overall, the median household income for the city of Alvarado stands at $65,140.
In Alvarado, the median income for all workers aged 15 years and older, regardless of work hours, was $42,523 for males and $22,649 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $53,778 for males and $42,056 for females.
In Alvarado, there are just three different racial groups among households. Among these, Two or More Races households report a median household income of $108,767, followed by White households at $66,020, and Some Other Race households with a median household income of $41,785.
In 2022, the population of Alvarado was 5,910, a 11.85% increase year-by-year from 2021. Previously, in 2021, Alvarado's population was 5,284, an increase of 7.20% compared to a population of 4,929 in 2020.
The median age in Alvarado, TX is 29.4, as per 2021 ACS 5-Year Estimates. Of the total population, 26.07% were under the age of 15, 24.53% aged 15 to 29, 35.13% aged 30 to 64, 13.73% aged 65 to 84, and 0.54% were 85 years of age and older.
Racial distribution of Alvarado population: 75.34% are White, 13.33% are Black or African American, 6.29% are some other race and 5.04% are multiracial.