Lipscomb, TX
Population 70 · Texas
About Lipscomb, TX
Lipscomb is a small community located in Texas with a population of 70 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 33.6 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 Lipscomb features a median home value of $82,200, which is 66% below the national median of $244,900. This makes Lipscomb one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 40 total housing units, 100% are owner-occupied (32 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lipscomb shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lipscomb have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
18.8% of Lipscomb 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 5.7% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Lipscomb, TX
Compared to national averages, Lipscomb has a median household income of $0 (100% below the national median of $75,149). Home values average $82,200, which is 66% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Texas, Lipscomb's income is 100% below the state average of $72,726, and home values are 61% below the state median of $211,769.
Why Live in Lipscomb, TX?
Lipscomb offers affordable housing with a median home value of $82,200, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Lipscomb’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lipscomb has a population of 70 with a median age of 33.6 years. Compare Lipscomb with other cities to see how it stacks up, or explore all cities in Texas.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Lipscomb
What is the population of Lipscomb, TX?
The population of Lipscomb, TX is 70 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Texas.
What is the median household income in Lipscomb?
The median household income in Lipscomb, TX is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Lipscomb?
The median home value in Lipscomb, TX is $82,200, which is 66% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lipscomb?
The median monthly rent in Lipscomb, TX is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lipscomb?
The unemployment rate in Lipscomb, TX is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lipscomb, TX a good place to live?
Lipscomb offers a moderate cost of living, affordable housing, and a strong job market. With a population of 70 and a median age of 33.6, the city appeals to young professionals and families.
How educated is Lipscomb, TX?
18.8% of residents in Lipscomb 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 Lipscomb?
Key cost-of-living indicators for Lipscomb, TX: median home value is $82,200 (66% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Lipscomb?
The poverty rate in Lipscomb, TX is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lipscomb, TX?
Lipscomb's population is 5.7% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 2.9% two or more races. 0.0% of residents are foreign-born.