Home/Texas/Lamb County

Lamb County Housing Market

Texas · 254 counties · Ranked #48 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$76,600

vs national$76,600 vs $281,900 national

Median Gross Rent

$900/mo

vs national$900 vs $1,163 national

Effective Tax Rate

1.19%

vs national+1.19% vs 1.02% national

Median Household Income

$56,997

vs national$56,997 vs $74,755 national

Affordability Ratio

1.3x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

28.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$913

Tax as % of Home Value

1.19%

Monthly Owner Cost

$506

Renter Income

$41,512

Frequently Asked Questions

What is the median home value in Lamb County?
The median home value in Lamb County is $76,600. This is below the national median of $281,900.
How much is rent in Lamb County?
The median gross rent in Lamb County is $900 per month.
What is the property tax rate in Lamb County?
The effective property tax rate in Lamb County is 1.19%. The median annual property tax bill is $913.
Is Lamb County affordable?
With a home-value-to-income ratio of 1.3x, Lamb County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.