Safe Rate Local

Lipscomb County

Learn about the people, housing, costs and businesses in Lipscomb County County

Median Home$127,550
Median Rent$829/month
Population2,918
Leading IndustriesFinance & Insurance ยท Information & Media ยท Manufacturing12% finance & insurance
Family-Friendly31% of residentstop 2% nationally
Homeowners82% of occupied units
Lipscomb County
TX

Frequently Asked Questions

What are today's mortgage rates in Lipscomb County?โ€บ

As of today, the 30-year fixed mortgage rate for Lipscomb County is approximately 7.436% (7.477% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Lipscomb County
What is the median home price in Lipscomb County?โ€บ

The median home value in Lipscomb County is $128k. The median monthly rent is $829. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Lipscomb County?โ€บ

Based on a typical all-in ownership cost of $816/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income โ€” a common lender guideline. The median household income in Lipscomb County is $74k/year.

Calculate your buying power
What industries drive the economy in Lipscomb County?โ€บ

The largest employment sectors in Lipscomb County are public administration (26%) and agriculture and mining (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

๐Ÿ—บ๏ธ Nearby Areas

Adjacent counties and areas