Lampasas, TX
Population 7,506 · Texas
About Lampasas, TX
Lampasas is a small town located in Texas with a population of 7,506 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,173 per year, which is 16% below the national median of $75,149. The median age of 40.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Lampasas features a median home value of $197,000, which is 20% below the national median of $244,900. This positions Lampasas in a moderately priced market relative to the rest of the country. Median monthly rent is $867, 25% below the national average of $1,163/month. Of the 3,268 total housing units, 67% are owner-occupied (1,835 units) and 33% are renter-occupied (919 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Lampasas shows an unemployment rate of 2.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 14.1%, above the national average of 12.4%. Workers in Lampasas have an average one-way commute time of 22.7 minutes.
Education & Demographics
17.3% of Lampasas residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 17.9% White, 4.7% Hispanic or Latino, 1.9% Black or African American, and 4.0% Asian residents, with 4.9% of the population being foreign-born.
Cost of Living in Lampasas, TX
Compared to national averages, Lampasas has a median household income of $63,173 (16% below the national median of $75,149). Home values average $197,000, which is 20% below the national median. Monthly rent at $867 is 25% below the US average of $1,163. Within Texas, Lampasas's income is 13% below the state average of $72,726, and home values are 7% below the state median of $211,769.
Why Live in Lampasas, TX?
Lampasas offers affordable housing with a median home value of $197,000, below the US average of $244,900, and rent that’s lower than the national average at $867/month, and a strong job market with an unemployment rate of just 2.2%. Additionally, the city features short commute times averaging just 22.7 minutes.
Potential considerations include median household income ($63,173) that falls below the national average. However, Lampasas’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lampasas has a population of 7,506 with a median age of 40.5 years. Compare Lampasas with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Lampasas
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Camp Swift | 7,505 | $63,316 | $171,800 | Compare |
| River Oaks | 7,516 | $65,582 | $202,800 | Compare |
| Hitchcock | 7,480 | $77,713 | $159,500 | Compare |
| Monahans | 7,536 | $70,820 | $159,000 | Compare |
| Alamo Heights | 7,443 | $182,819 | $766,000 | Compare |
| Highlands | 7,339 | $54,524 | $191,400 | Compare |
| Floresville | 7,679 | $59,618 | $247,200 | Compare |
| Homestead Meadows South | 7,687 | $60,571 | $135,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lampasas With Other Cities
Frequently Asked Questions about Lampasas
What is the population of Lampasas, TX?
The population of Lampasas, TX is 7,506 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Texas.
What is the median household income in Lampasas?
The median household income in Lampasas, TX is $63,173 per year, which is 16% below the national median of $75,149.
What is the median home value in Lampasas?
The median home value in Lampasas, TX is $197,000, which is 20% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lampasas?
The median monthly rent in Lampasas, TX is $867, which is 25% below the national average of $1,163/month.
What is the unemployment rate in Lampasas?
The unemployment rate in Lampasas, TX is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lampasas, TX a good place to live?
Lampasas offers a moderate cost of living, affordable housing, and a strong job market. With a population of 7,506 and a median age of 40.5, the city appeals to a broad range of residents.
How educated is Lampasas, TX?
17.3% of residents in Lampasas aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Lampasas?
Key cost-of-living indicators for Lampasas, TX: median home value is $197,000 (20% below national), median rent is $867/month, and median household income is $63,173. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lampasas?
The poverty rate in Lampasas, TX is 14.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Lampasas, TX?
Lampasas's population is 17.9% White, 4.7% Hispanic or Latino, 1.9% Black or African American, 4.0% Asian, and 1.1% two or more races. 4.9% of residents are foreign-born.