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The total population of Timpson is estimated to be 1,204 with 565 males (46.93%) and 639 females (53.07%). There are 74 more females than males in Timpson.
The median household income in Timpson was $37,888 in 2021, which marked an a decrease of 1,481(3.76%) from $39,369 in 2020. This income is 50.78% 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, Timpson sees its highest median household income among householders in the age group of 65 years and over old, at $39,058. Overall, the median household income for the city of Timpson stands at $37,888.
In Timpson, the median income for all workers aged 15 years and older, regardless of work hours, was $33,373 for males and $17,700 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $36,015 for males and $31,076 for females.
In Timpson, there are just three different racial groups among households. Among these, White households report a median household income of $40,409, followed by Black or African American households at $34,229, and Two or More Races households with a median household income of $33,779.
In 2022, the population of Timpson was 996, a 0.61% increase year-by-year from 2021. Previously, in 2021, Timpson's population was 990, an increase of 0.20% compared to a population of 988 in 2020.
The median age in Timpson, TX is 34.9, as per 2021 ACS 5-Year Estimates. Of the total population, 25.00% were under the age of 15, 17.14% aged 15 to 29, 42.49% aged 30 to 64, 13.43% aged 65 to 84, and 1.94% were 85 years of age and older.
Racial distribution of Timpson population: 55.83% are White, 39.66% are Black or African American, 1.15% are some other race and 3.36% are multiracial.