Krum is a somewhat small city located in the state of Texas. With a population of 6,062 people and three associated neighborhoods, Krum is the 354th largest community in Texas. There's nothing like the smell of a brand new house, and in Krum, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Krum, and putting down their money on brand new construction. Krum’s real estate is, on average, some of the newest in the nation. Krum does seem to be experiencing an influx of affluent people, because the median household income is $105,366.00.
Also of interest is that Krum has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.70% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
Because of many things, Krum is a great place for families with children to consider. First of all, many other families with children live here, making Krum a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Krum has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Krum’s overall crime rate is lower than average for the country.
One downside of living in Krum, however, is that residents on average have to contend with a long commute, spending on average 31.29 minutes every day commuting to work.
Krum is a small city, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
The education level of Krum ranks among the highest in the nation. Of the 25-and-older adult population in Krum, 43.89% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Krum in 2022 was $36,874, which is upper middle income relative to Texas and the nation. This equates to an annual income of $147,496 for a family of four. However, Krum contains both very wealthy and poor people as well.
Krum is a somewhat ethnically-diverse city. The people who call Krum home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Krum residents report their race to be White, followed by Black or African-American. Important ancestries of people in Krum include German, English, Irish, Scottish, and Italian.
The most common language spoken in Krum is English. Other important languages spoken here include Spanish and Arabic.