Lavon, TX
Population 5,624 · Texas
About Lavon, TX
Lavon is a small town located in Texas with a population of 5,624 residents according to the latest US Census Bureau American Community Survey data. The median household income is $132,778 per year, which is 77% above the national median of $75,149. The median age of 32.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Lavon features a median home value of $386,600, which is 58% above the national median of $244,900. This places Lavon in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,780, 53% above the national average of $1,163/month. Of the 1,862 total housing units, 86% are owner-occupied (1,609 units) and 14% are renter-occupied (253 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lavon shows an unemployment rate of 2.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lavon have an average one-way commute time of 34.3 minutes.
Education & Demographics
37.0% of Lavon residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 16.1% White, 7.0% Hispanic or Latino, 4.1% Black or African American, and 5.5% Asian residents, with 8.5% of the population being foreign-born.
Cost of Living in Lavon, TX
Compared to national averages, Lavon has a median household income of $132,778 (77% above the national median of $75,149). Home values average $386,600, which is 58% above the national median. Monthly rent at $1,780 is 53% above the US average of $1,163. Within Texas, Lavon's income is 83% above the state average of $72,726, and home values are 83% above the state median of $211,769.
Why Live in Lavon, TX?
Lavon offers a strong local economy with a median household income of $132,778, well above the national average, and a strong job market with an unemployment rate of just 2.7%, and a well-educated community where 37.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 1.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $386,600. However, Lavon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lavon has a population of 5,624 with a median age of 32.9 years. Compare Lavon with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Lavon
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bowie | 5,617 | $57,299 | $182,400 | Compare |
| McGregor | 5,608 | $60,889 | $146,000 | Compare |
| Yoakum | 5,649 | $49,950 | $134,100 | Compare |
| Kermit | 5,681 | $90,181 | $119,300 | Compare |
| Elsa | 5,688 | $55,519 | $90,600 | Compare |
| Hutchins | 5,713 | $45,250 | $95,500 | Compare |
| Livingston | 5,728 | $52,385 | $158,100 | Compare |
| Sinton | 5,513 | $44,753 | $109,300 | 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 Lavon With Other Cities
Frequently Asked Questions about Lavon
What is the population of Lavon, TX?
The population of Lavon, TX is 5,624 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 Lavon?
The median household income in Lavon, TX is $132,778 per year, which is 77% above the national median of $75,149.
What is the median home value in Lavon?
The median home value in Lavon, TX is $386,600, which is 58% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lavon?
The median monthly rent in Lavon, TX is $1,780, which is 53% above the national average of $1,163/month.
What is the unemployment rate in Lavon?
The unemployment rate in Lavon, TX is 2.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lavon, TX a good place to live?
Lavon offers above-average incomes, a competitive housing market, and a strong job market. With a population of 5,624 and a median age of 32.9, the city appeals to young professionals and families.
How educated is Lavon, TX?
37.0% of residents in Lavon aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Lavon?
Key cost-of-living indicators for Lavon, TX: median home value is $386,600 (58% above national), median rent is $1,780/month, and median household income is $132,778. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lavon?
The poverty rate in Lavon, TX is 1.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lavon, TX?
Lavon's population is 16.1% White, 7.0% Hispanic or Latino, 4.1% Black or African American, 5.5% Asian, and 8.6% two or more races. 8.5% of residents are foreign-born.