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Lipscomb County Housing Market

Texas · 254 counties · Ranked #788 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$128,400

vs national$128,400 vs $281,900 national

Median Gross Rent

$807/mo

vs national$807 vs $1,163 national

Effective Tax Rate

1.36%

vs national+1.36% vs 1.02% national

Median Household Income

$71,442

vs national$71,442 vs $74,755 national

Affordability Ratio

1.8x

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

Rent Burden

16.0%

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

More Housing Data

Property Tax (Median)

$1,750

Tax as % of Home Value

1.36%

Monthly Owner Cost

$795

Renter Income

$43,846

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Frequently Asked Questions

What is the median home value in Lipscomb County?

The median home value in Lipscomb County is $128,400. This is below the national median of $281,900.

How much is rent in Lipscomb County?

The median gross rent in Lipscomb County is $807 per month.

What is the property tax rate in Lipscomb County?

The effective property tax rate in Lipscomb County is 1.36%. The median annual property tax bill is $1,750.

Is Lipscomb County affordable?

With a home-value-to-income ratio of 1.8x, Lipscomb 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.