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The total population of Panhandle is estimated to be 2,743 with 1,442 males (52.57%) and 1,301 females (47.43%). There are 141 less females than males in Panhandle.
The median household income in Panhandle was $82,669 in 2021, which marked an a decrease of 1,823(2.16%) from $84,492 in 2020. This income is 110.81% 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, Panhandle sees its highest median household income among householders in the age group of 45 to 64 years old, at $122,025. Overall, the median household income for the town of Panhandle stands at $82,669.
In Panhandle, the median income for all workers aged 15 years and older, regardless of work hours, was $59,901 for males and $34,338 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $81,169 for males and $52,660 for females.
In Panhandle, population is primarily represented by White households, reporting a median income of $85,122.
In 2022, the population of Panhandle was 2,361, a 1.29% increase year-by-year from 2021. Previously, in 2021, Panhandle's population was 2,331, a decline of 1.44% compared to a population of 2,365 in 2020.
The median age in Panhandle, TX is 40.5, as per 2021 ACS 5-Year Estimates. Of the total population, 16.79% were under the age of 15, 22.82% aged 15 to 29, 40.39% aged 30 to 64, 15.93% aged 65 to 84, and 4.06% were 85 years of age and older.
Racial distribution of Panhandle population: 89.95% are White, 1.86% are Black or African American, 2.53% are American Indian and Alaska Native, 0.26% are Asian, 0.86% are Native Hawaiian and other Pacific Islander, 3.54% are some other race and 1.01% are multiracial.