HomeTexas › Tom Bean

Tom Bean, Texas

city · Grayson County

At a glance

799
Population
$232,300
Median home value (all homes)
23% below U.S. median
$288,077
Typical market value
Zillow, county-wide, 2026-07
$1,581/mo
Median rent
17% above U.S. median
$88,824
Median household income
13% above U.S. median
26.8 min
Average commute
90.1%
Homes with broadband
7.38%
Locations with fiber available
2.4%
Unemployment

Cost of living (Clay Affordability Index)

CAI 93 — 7% below the national average. how it's computed

Housing6% below
Goods & services5% below
Utilities18% above
Taxes57% below
Insurance25% above
Commute cost12% below
For business: Texas is CBII band 3/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college11 mi
Nearest community college15 mi
Nearest technical college13 mi
High school graduates94.1%
College graduates10.3%

Doing business here

Economic development contacts, most local first:

state Office of the Governor (Texas)
Texas Economic Development Corporation (TxEDC) markets Texas as the premier destination for business and provides information to help businesses explore opportunities in Texas. It supports the Governor’s Office of Economic Development and Tourism in promoting Texas as a premier destination for business.
state Texas Economic Development
The Texas Economic Development & Tourism Office offers resources for Texas businesses, communities and residents, as well as those looking to do business in Texas. Our office publishes in-depth reports on the economy of Texas and the state’s targeted growth industries. We also offer a number of events throughout the year, covering a wide range of business-related topics—everything from getting started in the state to growing your business internationally.
State sales taxYes
State income taxNone
Right-to-work stateYes

Similar towns nearby

Whitewright, TX 5 mi · pop 1,659 · $242k
Howe, TX 7 mi · pop 3,689 · $201k
Bells, TX 8 mi · pop 2,497 · $232k
Van Alstyne, TX 9 mi · pop 5,952 · $343k
Savoy, TX 9 mi · pop 1,010 · $156k