Living in Lavon, Texas
Cost of living, income, home prices, rent and demographics of Lavon · Census data 2020–2024
Lavon has 6,498 residents with a median age of 33.9. The median household income is $131,303 (67% higher than the Texas median), the median home value is $394,300, the median rent is $2,203/month.
Lavon at a glance
- Population
- 6,498
- Median age
- 33.9State: 35.6
- Median household income
- $131,303State: $78,476
- Median home value
- $394,300State: $283,800
- Median rent
- $2,203/moState: $1,403
- Homeowners
- 90.2%
- Bachelor's degree or higher
- 42.4%
- Average commute
- 34 min
Is Lavon a good place to live?
Pros: Median household income 67% higher than the Texas median; unemployment of 3.6%; a poverty rate of 1.6%.
Cons: Home values 39% higher than the state median; an average commute of 34 minutes.
The weather is best in April–May and September–October.
Cost of living in Lavon
Housing is the biggest part of the cost of living. In Lavon the median home value is $394,300, 19% higher than the U.S. median. Renters pay a median of $2,203 per month, which is 26.4% of household income. Homeowners with a mortgage pay $2,620 a month in housing costs.
Lavon median household income
The median household income in Lavon is $131,303 and the income per person is $52,957. 1.6% of residents live below the poverty line (Texas: 13.8%).
Housing in Lavon: homes for sale and rent
- Housing units
- 2,144
- Owner-occupied
- 90.2%
- Renter-occupied
- 9.8%
- Vacant
- 3.1%Includes seasonal homes
- Median year built
- 2009
- Average household size
- 3.13
Lavon demographics
- Population
- 6,498
- Median age
- 33.9
- Under 18
- 29.4%
- 65 and older
- 7.7%
- Households
- 2,077
- Foreign-born
- 9.4%
- Veterans
- 8.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Lavon ›
Education in Lavon
42.4% of adults 25 and older in Lavon have a bachelor's degree or higher (Texas: 33.8%), and 16.8% have a graduate or professional degree.
Jobs and commute in Lavon
- Unemployment rate
- 3.6%State: 5.3%
- Average commute
- 34 minState: 27 min
- Work from home
- 21.2%
- Drive alone
- 69.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 96.8%
Lavon vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lavon | 6,498 | $131,303 | $394,300 | $2,203 |
| Nevada | 1,319 | $119,750 | $393,800 | $1,654 |
| Wylie | 60,334 | $119,522 | $387,000 | $2,189 |
| Fate | 22,884 | $132,752 | $384,300 | $2,500 |
| St. Paul | 879 | $127,500 | $494,300 | $2,667 |
| Josephine | 5,842 | $91,000 | $320,200 | $1,688 |
| Rockwall | 51,168 | $115,580 | $411,700 | $1,947 |
| Royse City | 20,037 | $116,660 | $322,500 | $2,078 |
| Seis Lagos | 1,391 | $248,854 | $753,600 | — |
More for people moving to Lavon
Lavon ZIP code ›Weather and climate ›Living in Lavon: FAQ
What is the median household income in Lavon, TX?
The median household income in Lavon is $131,303, 67% 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 Lavon?
The median home value in Lavon is $394,300, compared with $283,800 in Texas.
How much is rent in Lavon?
The median gross rent in Lavon is $2,203 per month, about 26.4% of household income.
Is Lavon, TX a good place to live?
Pluses: median household income 67% higher than the Texas median; unemployment of 3.6%; a poverty rate of 1.6%. Minuses: home values 39% higher than the state median; an average commute of 34 minutes.
What is the median age in Lavon?
The median age in Lavon is 33.9 years (Texas: 35.6).
How long is the commute in Lavon?
The average commute to work in Lavon is 34 minutes; 21.2% of workers work from home.
What is the unemployment rate in Lavon?
The unemployment rate in Lavon is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lavon?
42.4% of adults in Lavon 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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