Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 2,964 ↓ 3.1% since 2020 |
| Median Household Income | $71,442 4% below national median |
| Median Home Value | $128,400 |
| Unemployment Rate | 7.4% |
| Median Age | 37.4 years |
| Housing Vacancy Rate | 26.8% |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 2,964 |
| Population (2020) | 3,059 |
| Population Growth | -3.11% |
| Median Household Income | $71,442 |
| Median Home Value | $128,400 |
| Total Housing Units | 1,505 |
| Vacant Housing Units | 404 |
| Housing Vacancy Rate | 26.8% |
| Median Age | 37.4 |
| Bachelor's Degree or Higher | 373 (12.6%) |
| Unemployment Rate (BLS) | 2.8% |
Market Overview
Lipscomb County, Texas has a population of 2,964, which has declined 3.11% since 2020. The median household income is $71,442, below the national median of $74,580 by 4.2%. With a median home value of $128,400 and an unemployment rate of 2.8%, the local economy is moderate. The housing vacancy rate of 26.8% suggests soft market conditions. Lipscomb County is part of Texas's land market, attracting both local and out-of-state buyers.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Lipscomb County, Texas?
As of the 2023 American Community Survey, Lipscomb County has a population of 2,964. The county has declined 3.11% since the 2020 Census.
What is the median household income in Lipscomb County?
The median household income in Lipscomb County is $71,442, which is 4.2% below the national median of $74,580.
Is Lipscomb County growing or shrinking?
Lipscomb County is shrinking. The population has declined 3.11% since 2020.
What is the housing market like in Lipscomb County?
The median home value in Lipscomb County is $128,400. The housing vacancy rate is 26.8%, which suggests soft market conditions. The unemployment rate is 2.8%, indicating a moderate local economy.
Does Reelvest buy land in Lipscomb County, Texas?
Yes! Reelvest Properties buys vacant land throughout Texas, including Lipscomb County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.