Lamb County, Texas
Income Data
At a Glance
How Lamb County Compares
Detailed Income Statistics
Data Story
About Household Income in Lamb County, Texas
Lamb County lags far behind national median
Lamb County's median household income of $56,997 is 24% below the U.S. median of $74,755, reflecting the economic constraints of rural Northwest Texas. This gap highlights limited wage opportunities compared to the broader American economy.
Lower-income tier within Texas
Lamb County earns 12% less than the Texas state median of $64,737, placing it in the lower third statewide. The county's economy depends heavily on agriculture and cattle ranching, which limits wage growth and employment diversity.
Mid-range income in South Texas cohort
Lamb County's $56,997 sits between La Salle ($55,469) and Kleberg ($57,612), showing similar economic pressures across the region. However, it trails Lamar County ($61,122) significantly, indicating variable economic conditions within Texas's rural areas.
Very affordable housing strengthens financial position
Lamb County's 18.9% rent-to-income ratio is manageable, though slightly elevated above the 15% benchmark. The median home value of just $76,600 makes homeownership highly accessible, giving residents a major advantage in wealth-building compared to national averages.
Convert housing savings into long-term wealth
Lamb County's exceptional home affordability—with median values under $77,000—frees up cash flow for aggressive saving and investing. Households here can build substantial retirement accounts and investment portfolios by prioritizing these goals early, leveraging the region's cost-of-living advantage.
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Income Comparison Calculator
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Your income is above the Lamb County median
County median: $56,997 per year
vs. County Median
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vs. State Average
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vs. National Median
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Income Adequacy
Your monthly income ($4,750) vs. median rent ($900/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.