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Lubbock County Housing Market

Texas · 254 counties · Ranked #1904 in home value

Below National Avg

Housing at a Glance

Median Home Value

$199,600

vs national$199,600 vs $281,900 national

Median Gross Rent

$1,134/mo

vs national$1,134 vs $1,163 national

Effective Tax Rate

1.56%

vs national+1.56% vs 1.02% national

Median Household Income

$63,367

vs national$63,367 vs $74,755 national

Affordability Ratio

3.1x

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

Rent Burden

31.0%

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

More Housing Data

Property Tax (Median)

$3,119

Tax as % of Home Value

1.56%

Monthly Owner Cost

$1,223

Renter Income

$41,879

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Frequently Asked Questions

What is the median home value in Lubbock County?

The median home value in Lubbock County is $199,600. This is below the national median of $281,900.

How much is rent in Lubbock County?

The median gross rent in Lubbock County is $1,134 per month.

What is the property tax rate in Lubbock County?

The effective property tax rate in Lubbock County is 1.56%. The median annual property tax bill is $3,119.

Is Lubbock County affordable?

With a home-value-to-income ratio of 3.1x, Lubbock County is moderately 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.