Texas · Census place 42940
Lipan city, TX
Quick answer
Lipan city has 446 residents, ranking #1306 of 1863 places in Texas. Median household income is $69,063, the median home is worth $173,100 and median gross rent runs $1,175 a month.
- Population
- 446Lipan city residents
- Median household income
- $69,063Past 12 months, inflation adjusted
- Median home value
- $173,100Owner-occupied units
- Median gross rent
- $1,175Rent plus utilities, monthly
- Median age
- 35.8 yrsAll residents
- Homeownership rate
- 89.2%Owner-occupied households
What the numbers mean in Lipan city
Housing cost measured against local earnings.
A household earning the Lipan city median would spend about 20.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.7% of residents and 89.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Texas.
- Thornton town 449
- Bixby CDP 448
- Jayton city 446
- Morgan city 446
- Liverpool city 445
- Lefors town 443
- Forsan city 439
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