Living in Lipan, Texas
Cost of living, income, home prices, rent and demographics of Lipan · Census data 2020–2024
Lipan has 490 residents with a median age of 35.3. The median household income is $77,500 (about the same as the Texas median), the median home value is $266,100, the median rent is $1,234/month.
Lipan is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lipan at a glance
- Population
- 490
- Median age
- 35.3State: 35.6
- Median household income
- $77,500State: $78,476
- Median home value
- $266,100State: $283,800
- Median rent
- $1,234/moState: $1,403
- Homeowners
- 84.8%
- Bachelor's degree or higher
- 22.8%
- Average commute
- 31 min
Is Lipan a good place to live?
Pros: Home values 6% lower than the state median; a poverty rate of 12.4%.
Cons: Median household income about the same as the Texas median; an average commute of 31 minutes; unemployment of 8%.
The weather is best in March to May and October.
Cost of living in Lipan
Housing is the biggest part of the cost of living. In Lipan the median home value is $266,100, 20% lower than the U.S. median. Renters pay a median of $1,234 per month, which is 31.3% of household income. Homeowners with a mortgage pay $1,780 a month in housing costs.
Lipan median household income
The median household income in Lipan is $77,500 and the income per person is $37,689. 12.4% of residents live below the poverty line (Texas: 13.8%).
Housing in Lipan: homes for sale and rent
- Housing units
- 158
- Owner-occupied
- 84.8%
- Renter-occupied
- 15.2%
- Vacant
- 12.7%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 3.55
Lipan demographics
- Population
- 490
- Median age
- 35.3
- Under 18
- 31%
- 65 and older
- 10.8%
- Households
- 138
- Foreign-born
- 3.9%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Lipan ›
Education in Lipan
22.8% of adults 25 and older in Lipan have a bachelor's degree or higher (Texas: 33.8%), and 7.3% have a graduate or professional degree.
Jobs and commute in Lipan
- Unemployment rate
- 8%State: 5.3%
- Average commute
- 31 minState: 27 min
- Work from home
- 9%
- Drive alone
- 64.8%
- Public transit
- 0%
- Walk to work
- 4.8%
- Homes with broadband
- 96.4%
Lipan vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lipan | 490 | $77,500 | $266,100 | $1,234 |
| Dennis | 1,402 | $139,383 | $569,400 | — |
| Santo | 427 | $104,107 | $161,500 | — |
| Tolar | 1,585 | $91,250 | $198,100 | $1,700 |
| Oak Trail Shores | 3,040 | $34,344 | $121,400 | $1,456 |
| Western Lake | 1,165 | $34,388 | — | — |
| Millsap | 433 | $56,477 | $210,200 | $1,000 |
| Stockton Bend | 600 | $180,450 | $864,900 | — |
| Granbury | 12,136 | $73,516 | $315,800 | $1,386 |
More for people moving to Lipan
Lipan ZIP code ›Weather and climate ›Living in Lipan: FAQ
What is the median household income in Lipan, TX?
The median household income in Lipan is $77,500, about the same as 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 Lipan?
The median home value in Lipan is $266,100, compared with $283,800 in Texas.
How much is rent in Lipan?
The median gross rent in Lipan is $1,234 per month, about 31.3% of household income.
Is Lipan, TX a good place to live?
Pluses: home values 6% lower than the state median; a poverty rate of 12.4%. Minuses: median household income about the same as the Texas median; an average commute of 31 minutes; unemployment of 8%.
What is the median age in Lipan?
The median age in Lipan is 35.3 years (Texas: 35.6).
How long is the commute in Lipan?
The average commute to work in Lipan is 31 minutes; 9% of workers work from home.
What is the unemployment rate in Lipan?
The unemployment rate in Lipan is 8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lipan?
22.8% of adults in Lipan 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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