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The total population of Commerce is estimated to be 9,078 with 3,948 males (43.49%) and 5,130 females (56.51%). There are 1,182 more females than males in Commerce.
The median household income in Commerce was $40,733 in 2021, which marked an an increase of 1,134(2.86%) from $39,599 in 2020. This income is 54.60% 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, Commerce sees its highest median household income among householders in the age group of 45 to 64 years old, at $56,925. Overall, the median household income for the city of Commerce stands at $40,733.
In Commerce, the median income for all workers aged 15 years and older, regardless of work hours, was $23,829 for males and $17,365 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $43,884 for males and $34,022 for females.
In Commerce, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Some Other Race households have the highest median household income at $68,439, while Asian households represent the opposite end with the lowest median household income of $2,701.
In 2022, the population of Commerce was 9,282, a 1.49% increase year-by-year from 2021. Previously, in 2021, Commerce's population was 9,146, an increase of 0.46% compared to a population of 9,104 in 2020.
The median age in Commerce, TX is 24.0, as per 2021 ACS 5-Year Estimates. Of the total population, 16.63% were under the age of 15, 43.36% aged 15 to 29, 31.66% aged 30 to 64, 7.79% aged 65 to 84, and 0.57% were 85 years of age and older.
Racial distribution of Commerce population: 55.07% are White, 22.57% are Black or African American, 2.55% are American Indian and Alaska Native, 3.65% are Asian, 9.18% are some other race and 6.98% are multiracial.