HomeTexasHamilton CountyHico city
Hico city, Texas: commercial real estate data.
Hico city is a Census city of 1,771 people across 1.82 square miles of land, lying across Hamilton County and Erath County. Median household income is $67,500, 76.9 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $527,400.
71 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Hico
What Hico is
- Census place typecity
- Land area1.82 sq mi
- Water area0 sq mi
- Population per square mile of land971
- County holding the largest share of its areaHamilton County, 95.6 percent
- Counties this place lies inHamilton County 95.6 percent, Erath County 4.4 percent
Hico city crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hico
How many people live in Hico
- Population1,771
- Median age35.6 plus or minus 7.7
- Population under 18585 plus or minus 163
- Share under 1833.0 percent plus or minus 7.5
- Population 65 and over339 plus or minus 116
- Share 65 and over19.1 percent plus or minus 5.8
- Households628 plus or minus 138
- Family households352
- Share of households that are families56.1 percent plus or minus 16.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hico
Income and work in Hico
- Median household income$67,500 plus or minus $30,625
- Per capita income$25,798
- Civilian labor force683
- Employed665
- Unemployed18 plus or minus 29
- Unemployment rate2.6 percent plus or minus 4.2
- Adults 25 and over1,114
- Adults 25 and over with a high school diploma or higher90.8 percent
- Adults 25 and over with a bachelor degree or higher23.9 percent plus or minus 6.6
- Adults 25 and over with a graduate degree6.1 percent plus or minus 3.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hico
Housing in Hico
- Housing units741
- Occupied units628 plus or minus 138
- Vacant units113 plus or minus 44
- Vacancy rate15.2 percent plus or minus 5.3
- Owner occupied483 plus or minus 137
- Renter occupied145 plus or minus 74
- Ownership rate76.9 percent
- Median owner-occupied home value$176,700 plus or minus $75,419
- Median gross rent, monthly$767 plus or minus $616
- Annual rent as a share of median income13.6 percent plus or minus 12.6
- Single family units636 plus or minus 132
- Share single family85.8 percent
- Units in buildings of two or more88 plus or minus 66
- Share in buildings of two or more11.9 percent plus or minus 8.7
- Mobile homes17 plus or minus 20
- Median year structure built1969
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hico
How Hico gets to work
- Workers 16 and over who commute585
- Commuting under 15 minutes275 plus or minus 85
- Share commuting under 15 minutes47.0 percent plus or minus 12.4
- Commuting 30 minutes or more181 plus or minus 101
- Share commuting 30 minutes or more30.9 percent plus or minus 16.4
- Drove alone82.3 percent
- Carpooled10.0 percent plus or minus 7.2
- Public transport0.0 percent
- Walked0.2 percent plus or minus 0.6
- Worked from home7.6 percent plus or minus 5.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hico
SBA loans in Hico (7(a))
- Approvals2
- Gross approval$527,400
- Average approval$263,700
- Median approval$328,000
- Ninetieth percentile approval$328,000
- Largest approval$328,000
- Jobs supported5
- Jobs per approval2.5
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hico
Flood risk in Hico
- Listed NFIP communities1
- Of those, participating1
- NFIP community number480843
- Currently effective map date09/01/07(L)
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Hamilton County, not Hico
Hamilton County context, not Hico figures
These are Hamilton County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Hico measurements.
- Establishments in Hamilton County238
- Employment at those establishments, Hamilton County1,865
- Covered employment, Hamilton County2,877
- Average annual pay, Hamilton County$48,248
- Average weekly wage, Hamilton County$928
- Housing units permitted, Hamilton County16
- Of those, single family, Hamilton County14
- County product, 2024, Hamilton County$385,907,000
- County product change over the prior year, Hamilton County4.8 percent
- Average income of an arriving household, Hamilton County$66,777
Every figure in this section is published for Hamilton County as a whole and is not a measurement of Hico. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Hico questions, answered from the record.
How many people live in Hico, Texas?
1,771, in 628 households. Hico city covers 1.82 square miles of land, which is 971 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hico in?
Hico lies in more than one. By area it is 95.6 percent in Hamilton County, 4.4 percent in Erath County. This page sits under Hamilton County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Hico?
$67,500. The median owner-occupied home is valued at $176,700. Median gross rent is $767 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hico businesses?
2 7(a) approvals totalling $527,400, across 2 lenders, median approval $328,000. These count approvals to borrowers whose address is in Hico, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hico borrowers get paid back?
No rate is published for Hico. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Hico in the National Flood Insurance Program?
Yes. Hico appears in the FEMA Community Status Book as community 480843, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Hico figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hamilton County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Hico.
Is zoning published for Hico?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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