Living in Lake Worth, Texas
Cost of living, income, home prices, rent and demographics of Lake Worth · Census data 2020–2024
Lake Worth has 4,829 residents with a median age of 42. The median household income is $81,910 (4% higher than the Texas median), the median home value is $236,700, the median rent is $1,508/month.
Lake Worth at a glance
- Population
- 4,829
- Median age
- 42State: 35.6
- Median household income
- $81,910State: $78,476
- Median home value
- $236,700State: $283,800
- Median rent
- $1,508/moState: $1,403
- Homeowners
- 65.8%
- Bachelor's degree or higher
- 20.4%
- Average commute
- 28 min
Is Lake Worth a good place to live?
Pros: Median household income 4% higher than the Texas median; home values 17% lower than the state median.
Cons: An average commute of 28 minutes; unemployment of 7.7%; a poverty rate of 16.6%.
The weather is best in March–April and October–November.
Cost of living in Lake Worth
Housing is the biggest part of the cost of living. In Lake Worth the median home value is $236,700, 29% lower than the U.S. median. Renters pay a median of $1,508 per month, which is 27.4% of household income. Homeowners with a mortgage pay $1,492 a month in housing costs.
Lake Worth median household income
The median household income in Lake Worth is $81,910 and the income per person is $49,181. 16.6% of residents live below the poverty line (Texas: 13.8%).
Housing in Lake Worth: homes for sale and rent
- Housing units
- 1,960
- Owner-occupied
- 65.8%
- Renter-occupied
- 34.2%
- Vacant
- 5.3%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 2.51
Lake Worth demographics
- Population
- 4,829
- Median age
- 42
- Under 18
- 14.1%
- 65 and older
- 20.9%
- Households
- 1,856
- Foreign-born
- 13.6%
- Veterans
- 3.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Worth ›
Education in Lake Worth
20.4% of adults 25 and older in Lake Worth have a bachelor's degree or higher (Texas: 33.8%), and 3.2% have a graduate or professional degree.
Jobs and commute in Lake Worth
- Unemployment rate
- 7.7%State: 5.3%
- Average commute
- 28 minState: 27 min
- Work from home
- 12.4%
- Drive alone
- 66.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 92.2%
Lake Worth vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Worth | 4,829 | $81,910 | $236,700 | $1,508 |
| Sansom Park | 5,392 | $42,257 | $158,200 | $1,166 |
| Lakeside | 1,401 | $112,321 | $346,400 | $1,708 |
| River Oaks | 7,584 | $63,500 | $223,800 | $1,183 |
| Westworth Village | 2,643 | $86,429 | $318,200 | $1,880 |
| White Settlement | 18,150 | $56,784 | $187,100 | $1,253 |
| Westover Hills | 908 | $250,001 | $2,000,001 | $2,691 |
| Fort Worth | 963,194 | $79,507 | $303,000 | $1,509 |
| Saginaw | 24,970 | $97,276 | $298,500 | $1,776 |
More for people moving to Lake Worth
Lake Worth ZIP code ›Weather and climate ›Living in Lake Worth: FAQ
What is the median household income in Lake Worth, TX?
The median household income in Lake Worth is $81,910, 4% higher than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lake Worth?
The median home value in Lake Worth is $236,700, compared with $283,800 in Texas.
How much is rent in Lake Worth?
The median gross rent in Lake Worth is $1,508 per month, about 27.4% of household income.
Is Lake Worth, TX a good place to live?
Pluses: median household income 4% higher than the Texas median; home values 17% lower than the state median. Minuses: an average commute of 28 minutes; unemployment of 7.7%; a poverty rate of 16.6%.
What is the median age in Lake Worth?
The median age in Lake Worth is 42 years (Texas: 35.6).
How long is the commute in Lake Worth?
The average commute to work in Lake Worth is 28 minutes; 12.4% of workers work from home.
What is the unemployment rate in Lake Worth?
The unemployment rate in Lake Worth is 7.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Worth?
20.4% of adults in Lake Worth have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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