Living in Lipscomb, Texas
Cost of living, income, home prices, rent and demographics of Lipscomb · Census data 2020–2024
Lipscomb has 81 residents with a median age of 32.8. The median home value is $83,800.
Lipscomb is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lipscomb at a glance
- Population
- 81
- Median age
- 32.8State: 35.6
- Median home value
- $83,800State: $283,800
- Homeowners
- 100%
- Bachelor's degree or higher
- 17.4%
Is Lipscomb a good place to live?
Pros: Home values 70% lower than the state median.
The weather is best in April–May and September–October.
Cost of living in Lipscomb
Housing is the biggest part of the cost of living. In Lipscomb the median home value is $83,800, 75% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Housing in Lipscomb: homes for sale and rent
- Housing units
- 47
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 44.7%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.50
44.7% of homes are vacant most of the year, a sign that Lipscomb has many vacation and second homes.
Lipscomb demographics
- Population
- 81
- Median age
- 32.8
- Under 18
- 18.5%
- 65 and older
- 13.6%
- Households
- 26
- Foreign-born
- 0%
- Veterans
- 7.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Lipscomb ›
Education in Lipscomb
17.4% of adults 25 and older in Lipscomb have a bachelor's degree or higher (Texas: 33.8%), and 0% have a graduate or professional degree.
Jobs and commute in Lipscomb
- Unemployment rate
- 0%State: 5.3%
- Average commute
- —State: 27 min
- Work from home
- 0%
- Drive alone
- 73.3%
- Public transit
- 0%
- Walk to work
- 26.7%
- Homes with broadband
- 80.8%
Lipscomb vs nearby towns
More for people moving to Lipscomb
Lipscomb ZIP code ›Weather and climate ›Living in Lipscomb: FAQ
What is the average home price in Lipscomb?
The median home value in Lipscomb is $83,800, compared with $283,800 in Texas.
Is Lipscomb, TX a good place to live?
Pluses: home values 70% lower than the state median.
What is the median age in Lipscomb?
The median age in Lipscomb is 32.8 years (Texas: 35.6).
What is the unemployment rate in Lipscomb?
The unemployment rate in Lipscomb is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lipscomb?
17.4% of adults in Lipscomb 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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