Krum is a somewhat small city located in the state of Texas. With a population of 6,548 people and three associated neighborhoods, Krum is the 354th largest community in Texas. Much of the housing stock in Krum was built relatively recently. The construction of new real estate can often be taken as an indication that the local Krum economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Krum, where the median household income is $111,316.00.

Krum real estate is some of the most expensive in Texas, although Krum house values don't compare to the most expensive real estate in the U.S.

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: 15.31% 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 very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Krum really has some of the features that families look for when choosing a good community to raise children. Is Krum perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

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 citizens of Krum are very well educated compared to the average community in the nation: 36.91% of adults in Krum have a bachelor's degree or even advanced degree.

The per capita income in Krum in 2022 was $41,753, which is wealthy relative to Texas, and upper middle income relative to the rest of the US. This equates to an annual income of $167,012 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 Asian. Important ancestries of people in Krum include German, English, Irish, Scottish, and Other Arab.

The most common language spoken in Krum is English. Other important languages spoken here include Spanish and Arabic.