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 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.

As is often the case in a small city, Krum doesn't have a public transportation system that people use for their commute.

The education level of Krum citizens is very high relative to the national average among all cities (21.84%): 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.