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Lampasas

Learn about the people, housing, costs and businesses in Lampasas, Texas

Median Home$197,840
Median Rent$1,053/month
Population7,688
Leading IndustriesWholesale Trade · Manufacturing · Education16% wholesale trade
Home Value Growth+5.3% over 2 years
Young Adults28% of residentsnear the national average
Homeowners66% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableAmenity Score67/100 · highly walkable area
Lampasas
TX

Frequently Asked Questions

What are today's mortgage rates in Lampasas?

As of today, the 30-year fixed mortgage rate for Lampasas is approximately 6.970% (7.009% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lampasas?

The median home value in Lampasas is $198k. The median monthly rent is $1,053. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lampasas?

Home values in Lampasas have increased 5.3% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lampasas?

Based on a typical all-in ownership cost of $948/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lampasas is $70k/year.

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What industries drive the economy in Lampasas?

The largest employment sectors in Lampasas are public administration (20%) and wholesale trade (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.