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Commerce Texas Real Estate By Jennifer Hershey

Commerce Texas Real Estate

Commerce, Texas, is located in Hunt County, 41 miles E of McKinney, Texas and 60 miles NE of Dallas, Texas. Commerce has a population of 7,669.

Commerce Homes

Commerce properties pool is 2,876 residential properties including Commerce new homes. Median age of real estate in Commerce is 1969. Average Household size is 3.02 people. 4% are one bedroom homes, 20% are 2 bedroom homes, 59% are 3 bedroom homes, 14% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Commerce Mortgage Statistics

Commerce mortgages vs. USA median statistics

Homes Commerce USA
Homes With No Mortgage 50%
30%
Homes With Mortgage 50%
70%
First Mortgage Only 45%
54%
First & Second Mortgage or HELOC 5%
16%

Commerce Area Real Estate Tax

Commerce Real estate Tax: Median Real Estate Taxes (2000) were $897 comparing to 1999 Median Family income $ 37,284. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Commerce School District: Children make up 21.5% of Commerce population. Commerce has 1,649 under 18 years old residents, or 0.47 kids per one worker, or 0.57 kids per one household.

Commerce Real Estate & Commerce Homeownership

There are 977.84 or 34% one person households, 891.56 or 31% two person households, and 402.64 or 14% three person households in Commerce, Texas. Median residents age is 25.2, Senior citizens (65+) make up 752 or 9.8%% of Commerce population.

There are 3,503 workers (over 16 years of age) in Commerce. Of these, 91.24% drive to work. Approximately 0% of workers in Commerce take public transportation. An estimated 6.97% walk to work.

Median Commerce homeowner's housing expences are 14.8%

Crime in Commerce (2003), crimes per 10,000 residents per year

Type of Crime Commerce USA, 2003
Violent Crimes
75.63
47.5
Robberies
11.74
14.2
Aggravated Assaults
53.46
29.5
Property Crimes
597.21
358.8
Burglaries
220.37
74.0
Larceny-Thefts
342.94
241.5
Motor Vehicle Thefts
33.9
43.3

Invest in Commerce Properties

When making a decision about buying real estate in Commerce Texas area, you should consider following statistical data:

Category Commerce USA
Near Medium City
McKinney, Texas
-
Near Large City
Dallas, Texas
-
Commerce Zip Codes
75428
-
Commerce Area Codes
903
-
White population
71.07%
75.1%
African-American population
20.78%
12.3%
Asian
2.59%
3.6%
American Indian & Alaskan
0.42%
0.9%
Hispanic (of any race)
7.65%
12.5%
Median Family Income (1999)
$ 37,284%
$42,000
Population Below Poverty Level
19.94%
12.4%

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