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Lubbock, TX · 79493

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $64K, +1.2% YoY (county); renters hold 44.5% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

126,225

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 139,344

139Kunits

Occupied126,22590.6%

Vacant13,1199.4%

2024 Tenure ⓘ

U.S. Census ACS · n = 126,225

126Koccupied

Owner70,06055.5%

Renter56,16544.5%

Renter Share

44.5%-0.5% YoY

Total Housing Units

139,344+2.1% YoY

FY2026 Fair Market Rent

CountyLubbock County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$818

/month

1 BR

$990

/month

2 BR

$1,175

/month

3 BR

$1,634

/month

4 BR

$1,940

/month

FMR trends · Lubbock County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 1.4% to 318,884: residents under 18 are up 1.0% and those 65 and over are up 2.9%.

Median Age

31.92024

Population

Lubbock County Population

327,394+1.5% YoY

Households

Total Households

126,225+1.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.42-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 318,884

319Kresidents

Under 1874,97223.5%

Adults 18–64201,59863.2%

65 & Over42,31413.3%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

74,972+1.0% YoY

Population 65 & Over

42,314+2.9% YoY

Median Age

31.90+0.6% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house79.4%

Moved (within US)20.0%

Other0.6%

Veterans

5.0%-5.7% YoY

County Economy

County median household income is $64K, 17.1% of residents are below the poverty level, 7.3% work from home.

Income

Median Household Income

$64K+1.2% YoY

Per-Capita Income

$36K+1.8% YoY

Mean Household Income

$90K+1.0% YoY

Poverty

Below Poverty Level

17.1%-0.6% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone77.8%

Public transit0.6%

Worked from home7.3%

Other14.3%

Worked From Home

7.3%+9.0% YoY

Mean Commute

17.10+1.2% YoY

Done with 79493? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Lubbock, TX · 79493

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $64K, +1.2% YoY (county); renters hold 44.5% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

126,225

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 139,344

139Kunits

Occupied126,22590.6%

Vacant13,1199.4%

2024 Tenure ⓘ

U.S. Census ACS · n = 126,225

126Koccupied

Owner70,06055.5%

Renter56,16544.5%

Renter Share

44.5%-0.5% YoY

Total Housing Units

139,344+2.1% YoY

FY2026 Fair Market Rent

CountyLubbock County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$818

/month

1 BR

$990

/month

2 BR

$1,175

/month

3 BR

$1,634

/month

4 BR

$1,940

/month

FMR trends · Lubbock County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 1.4% to 318,884: residents under 18 are up 1.0% and those 65 and over are up 2.9%.

Median Age

31.92024

Population

Lubbock County Population

327,394+1.5% YoY

Households

Total Households

126,225+1.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.42-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 318,884

319Kresidents

Under 1874,97223.5%

Adults 18–64201,59863.2%

65 & Over42,31413.3%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

74,972+1.0% YoY

Population 65 & Over

42,314+2.9% YoY

Median Age

31.90+0.6% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house79.4%

Moved (within US)20.0%

Other0.6%

Veterans

5.0%-5.7% YoY

County Economy

County median household income is $64K, 17.1% of residents are below the poverty level, 7.3% work from home.

Income

Median Household Income

$64K+1.2% YoY

Per-Capita Income

$36K+1.8% YoY

Mean Household Income

$90K+1.0% YoY

Poverty

Below Poverty Level

17.1%-0.6% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone77.8%

Public transit0.6%

Worked from home7.3%

Other14.3%

Worked From Home

7.3%+9.0% YoY

Mean Commute

17.10+1.2% YoY

Done with 79493? Put it next to another market.