Providence Village is a somewhat small town located in the state of Texas. With a population of 8,440 people and two associated neighborhoods, Providence Village is the 296th largest community in Texas. Much of the housing stock in Providence Village was built relatively recently. The construction of new real estate can often be taken as an indication that the local Providence Village economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Providence Village, where the median household income is $101,654.00.
Providence Village real estate is some of the most expensive in Texas, although Providence Village house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Providence Village has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Providence Village telecommute to their jobs. Overall, about 18.25% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Providence Village is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Providence Village’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
One downside of living in Providence Village is that it can take a long time to commute to work. In Providence Village, the average commute to work is 41.32 minutes, which is quite a bit higher than the national average.
Being a small town, Providence Village does not have a public transit system used by locals to get to and from work.
The citizens of Providence Village are among the most well-educated in the nation: 40.28% of adults in Providence Village have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Providence Village in 2022 was $34,994, which is upper middle income relative to Texas, and middle income relative to the rest of the US. This equates to an annual income of $139,976 for a family of four. However, Providence Village contains both very wealthy and poor people as well.
Providence Village is an extremely ethnically-diverse town. The people who call Providence Village home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Providence Village residents report their race to be White, followed by Black or African-American. Providence Village also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 17.46% of the town’s residents. Important ancestries of people in Providence Village include German, Irish, English, French, and Italian.
The most common language spoken in Providence Village is English. Other important languages spoken here include Spanish and West Germanic languages.