Median Income
$202,727
household / year
Median Home Value
$792,900
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
103
national avg = 100

Is Parker, TX a Good Place to Live?

Parker is a small town of 5,573 in Texas, with a median household income of $202,727 and a 2.3% unemployment rate. Its cost of living index is 103 (US average = 100), which is 3% above the national average.

Strengths: Parker stands out for lower-than-average crime, solid school ratings (A), a well-educated population, short average commutes.

Trade-offs: Potential downsides include high home prices. Whether Parker is right for you depends on your priorities — the full breakdown is below.

All Parker city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 103.3

Parker's overall cost of living index is 103.3, where 100 represents the US national average. Living in Parker costs roughly 3% more than the average American city.

Metric Parker, TX National Avg
Median Home Value $792,900 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 98.5% 65.9%
Median Household Income $202,727 $74,755

Crime & Safety

Very Safe

Parker's violent crime rate is 31.1 per 100,000 residents — 92% lower than the national average of ~380 per 100,000.

Violent Crime
31.1 /100k
Property Crime
357.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Parker is served primarily by ALLEN ISD. The student-to-teacher ratio is 16.2:1 (slightly above the national average of ~16:1).

Metric Parker, TX National Avg
School District ALLEN ISD —
Elementary Schools 16 —
Middle Schools 3 —
High Schools 3 —
Student/Teacher Ratio 16.2:1 16:1
Bachelor's Degree or Higher 61.6% 35.4%
High School Diploma or Higher 83.3% 91.1%

Weather & Climate

Parker sees average highs of 55.9°F in January and 94.3°F in July, with 42.2 inches of annual precipitation and 0.2 inches of snow per year.

MetricParker, TX
Average High — January55.9°F
Average High — July94.3°F
Annual Precipitation42.2"
Annual Snowfall0.2"

Demographics

MetricParker, TXNational Avg
Population5,573—
Median Age43.838.9
Unemployment Rate2.3%3.7%
Avg Commute Time25.2 min26 min
White (non-Hispanic)64.3%59.3%
Black or African American10.2%13.6%
Hispanic or Latino6.6%18.9%
Asian18.7%6.3%
Under 1823.5%22.2%
65 and over18.7%16.8%

Nearby Cities

Parker vs Other Cities

Frequently Asked Questions

Parker's cost of living index is 103, where 100 is the national average. That puts Parker roughly 3% above the national average in cost. The median home price is $792,900 and median rent is N/A/month.
Parker's violent crime rate is 31.1 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 357.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Parker are operated by ALLEN ISD. The district has 16 elementary, 3 middle, and 3 high schools. The student-to-teacher ratio is 16.2:1. 61.6% of adults 25+ hold a bachelor's degree or higher.
Parker, TX has a population of 5,573, a median household income of $202,727, and an unemployment rate of 2.3%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Parker averages 55.9°F in January and 94.3°F in July. Annual rainfall is 42.2 inches with about 0.2 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Parker, Texas is 5,573 with a median age of 43.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Parker: cost of living index 103 (100 = US average), median home $792,900, median household income $202,727, crime index 12 (100 = US average, lower is safer), schools rated A. Whether these are benefits or drawbacks depends on where you're coming from — compare Parker side by side with your current city to see the trade-offs.