As of 2024 the population of Kermit is 6,037. The population is expected to shrink to 5,806 by 2029 - a growth rate of -0.78%.
The median age of Kermit residents is 36.
The diversity index of Kermit is 81.7, meaning that there is a 82% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
The average household income in Kermit is $90,765 and projected to be $99,142 in 2029. Per capita income is $31,784, projected to be $34,835 in 2029. 0.89% of households – 54 – have an income of $200,000 or higher. Average net worth is $742,993 and the average disposable income is $75,914.
There are 2,576 housing units in Kermit; 1,635 are owner-occupied, 479 are rented, and 462 are vacant. The average home value is $161,820, with 236 homes built in 2010 or later, and 4 built in 1939 or earlier.
There are 211 businesses in Kermit, employing 1,849 workers and pulling from a labor force of 2,699 age 16 and above. 747 workers commute into Kermit from outside the county or state. Key industries for the area include:
1,914 residents both live and work in/around Kermit. The average travel time is 0.0 minutes. 23.04% people have a commute of less than 5 minutes while 8.93% commute 90 minutes or more each way. Of commuters, 2,448 drive alone, 136 carpool, and 0 take public transportation. 64 use other modes of transport such as motorcycle, bicycle, walking, etc. 50 residents work from home.
1,469 members of the workforce hold a high school diploma or GED. 225 have associates degrees, 297 have bachelor’s degrees, and 77 hold a graduate or professional degree.
