Lipscomb County, Texas
Income Data
At a Glance
How Lipscomb County Compares
Detailed Income Statistics
Data Story
About Household Income in Lipscomb County, Texas
Lipscomb keeps pace with America
Lipscomb County's median household income of $71,442 sits just 5% below the national median of $74,755, making it one of the strongest earners among the eight counties profiled. The relatively small $3,313 gap reflects robust local employment and wages.
Above Texas average income
Lipscomb's $71,442 median household income exceeds Texas's state average of $64,737 by roughly $6,700, positioning the county in the upper third of Texas counties. Per capita income of $34,127 also surpasses the state average of $33,197.
Lipscomb leads the regional pack
Lipscomb County outearns all seven peer counties, with the next-closest being Llano County at $65,636. The $5,800+ income advantage reflects stronger local industries and economic activity in the Texas Panhandle.
Best affordability in the group
Lipscomb boasts the lowest rent-to-income ratio at 13.6%—well below the 30% affordability threshold—and a median home value of $128,400. Higher income combined with lower housing costs creates the most favorable financial flexibility in this county cohort.
Maximize wealth-building advantage
Lipscomb residents enjoy the best position to invest aggressively, with above-average income and below-average housing costs freeing up capital. Maximize tax-deferred savings in 401(k)s and IRAs, then consider real estate or index fund investments to accelerate wealth.
Frequently Asked Questions
What is the median household income in Lipscomb County, Texas?
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How does Lipscomb County compare to the Texas average?
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How does Lipscomb County rank for income in Texas?
Income Comparison Calculator
See how your household income compares in Lipscomb County
Your income is above the Lipscomb County median
County median: $71,442 per year
vs. County Median
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vs. State Average
+10%
vs. National Median
-4%
Income Adequacy
Your monthly income ($5,954) vs. median rent ($807/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.