Lott, TX
Population 620 · Texas
About Lott, TX
Lott is a small community located in Texas with a population of 620 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,000 per year, which is 33% below the national median of $75,149. The median age of 40.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Lott features a median home value of $74,100, which is 70% below the national median of $244,900. This makes Lott one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $737, 37% below the national average of $1,163/month. Of the 301 total housing units, 59% are owner-occupied (138 units) and 41% are renter-occupied (94 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Lott shows an unemployment rate of 2.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lott have an average one-way commute time of 45.1 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
11.9% of Lott 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 21.8% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 15.8% Asian residents, with 14.0% of the population being foreign-born.
Cost of Living in Lott, TX
Compared to national averages, Lott has a median household income of $50,000 (33% below the national median of $75,149). Home values average $74,100, which is 70% below the national median. Monthly rent at $737 is 37% below the US average of $1,163. Within Texas, Lott's income is 31% below the state average of $72,726, and home values are 65% below the state median of $211,769.
Why Live in Lott, TX?
Lott offers affordable housing with a median home value of $74,100, below the US average of $244,900, and rent that’s lower than the national average at $737/month, and a strong job market with an unemployment rate of just 2.1%. Additionally, the city features a low poverty rate of 11.6%, better than the national average.
Potential considerations include median household income ($50,000) that falls below the national average. However, Lott’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lott has a population of 620 with a median age of 40.7 years. Compare Lott 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 Lott
What is the population of Lott, TX?
The population of Lott, TX is 620 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 Lott?
The median household income in Lott, TX is $50,000 per year, which is 33% below the national median of $75,149.
What is the median home value in Lott?
The median home value in Lott, TX is $74,100, which is 70% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lott?
The median monthly rent in Lott, TX is $737, which is 37% below the national average of $1,163/month.
What is the unemployment rate in Lott?
The unemployment rate in Lott, TX is 2.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lott, TX a good place to live?
Lott offers a moderate cost of living, affordable housing, and a strong job market. With a population of 620 and a median age of 40.7, the city appeals to a broad range of residents.
How educated is Lott, TX?
11.9% of residents in Lott 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 Lott?
Key cost-of-living indicators for Lott, TX: median home value is $74,100 (70% below national), median rent is $737/month, and median household income is $50,000. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lott?
The poverty rate in Lott, TX is 11.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lott, TX?
Lott's population is 21.8% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 15.8% Asian, and 21.3% two or more races. 14.0% of residents are foreign-born.