Loraine, TX
Population 702 · Texas
About Loraine, TX
Loraine is a small community located in Texas with a population of 702 residents according to the latest US Census Bureau American Community Survey data. The median household income is $34,605 per year, which is 54% below the national median of $75,149. The median age of 36.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Loraine features a median home value of $57,800, which is 76% below the national median of $244,900. This makes Loraine one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $367, 68% below the national average of $1,163/month. Of the 348 total housing units, 65% are owner-occupied (170 units) and 35% are renter-occupied (92 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Loraine 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 32.3%, above the national average of 12.4%. Workers in Loraine have an average one-way commute time of 21.8 minutes.
Education & Demographics
5.3% of Loraine 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 48.3% White, 12.4% Hispanic or Latino, 0.0% Black or African American, and 6.1% Asian residents, with 10.0% of the population being foreign-born.
How Loraine Ranks in Texas
Cost of Living in Loraine, TX
Compared to national averages, Loraine has a median household income of $34,605 (54% below the national median of $75,149). Home values average $57,800, which is 76% below the national median. Monthly rent at $367 is 68% below the US average of $1,163. Within Texas, Loraine's income is 52% below the state average of $72,726, and home values are 73% below the state median of $211,769.
Why Live in Loraine, TX?
Loraine offers affordable housing with a median home value of $57,800, below the US average of $244,900, and rent that’s lower than the national average at $367/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 21.8 minutes.
Potential considerations include median household income ($34,605) that falls below the national average. However, Loraine’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Loraine has a population of 702 with a median age of 36.1 years. Compare Loraine with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Loraine
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hardin | 702 | $54,625 | $128,800 | Compare |
| New Hope | 705 | $65,625 | $405,600 | Compare |
| North San Pedro | 705 | $33,622 | $89,800 | Compare |
| Louise | 706 | $0 | $107,000 | Compare |
| Port O'Connor | 698 | $81,917 | $248,800 | Compare |
| Colmesneil | 697 | $46,250 | $107,000 | Compare |
| Orason | 697 | $71,386 | $0 | Compare |
| Horseshoe Bend | 709 | $41,875 | $112,500 | 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 Loraine With Other Cities
Frequently Asked Questions about Loraine
What is the population of Loraine, TX?
The population of Loraine, TX is 702 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 Loraine?
The median household income in Loraine, TX is $34,605 per year, which is 54% below the national median of $75,149.
What is the median home value in Loraine?
The median home value in Loraine, TX is $57,800, which is 76% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Loraine?
The median monthly rent in Loraine, TX is $367, which is 68% below the national average of $1,163/month.
What is the unemployment rate in Loraine?
The unemployment rate in Loraine, 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 Loraine, TX a good place to live?
Loraine offers a moderate cost of living, affordable housing, and a strong job market. With a population of 702 and a median age of 36.1, the city appeals to a broad range of residents.
How educated is Loraine, TX?
5.3% of residents in Loraine 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 Loraine?
Key cost-of-living indicators for Loraine, TX: median home value is $57,800 (76% below national), median rent is $367/month, and median household income is $34,605. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Loraine?
The poverty rate in Loraine, TX is 32.3%, 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 Loraine, TX?
Loraine's population is 48.3% White, 12.4% Hispanic or Latino, 0.0% Black or African American, 6.1% Asian, and 4.1% two or more races. 10.0% of residents are foreign-born.