[9] It was established in 1890 on 640 acres (260 ha) of land donated by James B. and Caroline Price of Jefferson City, Missouri.

Postal Service, while others insist it is a combination of the county's name and that of James Price's mother, Ada.

According to the United States Census Bureau, Floydada has a total area of 2.0 square miles (5.3 km2), all of it land.

[8] Floydada lies on the High Plains of the Llano Estacado around 18 miles (29 km) west of the Caprock Escarpment.

The terrain surrounding Floydada consists of level plains that at one time were covered with grassland vegetation and populated with bison.

The bison were extirpated, and with the exception of Blanco Canyon, the shortgrass prairie has been replaced by plowed cropland, where cotton, grain sorghum, wheat, and pumpkins are grown.

Caprock Community Action was opened in 2002 and operates a learning lab that offers citizens the opportunity to earn their GED.

Archaeologists from Wichita State University excavated in Blanco Canyon, 6 miles (10 km) south of Floydada.

They discovered significant evidence that Spanish explorer Francisco Vázquez de Coronado established a major camp there during his search for Quivira, one of the legendary Seven Cities of Gold.

[19] The Floyd County Historical Museum in downtown Floydada displays some of the significant artifacts from Coronado's campsite.

The wind corridor stretches through the Great Plains from the Texas Panhandle up into Minnesota, including some of the most wind-rich states in the country.

Those operating in the Floyd County area are the Southwest Power Pool (SPP) and the Electric Reliability Council of Texas (ERCOT).

It is beneficial for the area to be in such close vicinity to both grids, because it allows for the opportunity to send electricity generated from wind farms either direction.

Two TSPs have Floyd County included in their study area, Sharyland Utilities and Wind Energy Transmission Texas (WETT).

The region's economy is based on agriculture, but local companies provide services such as custom-built, metal-assembly, irrigation-motor development, efficient rock-crushing systems, and a product called the "Row Stalker".