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ZipNumbers

Texas · Census place 43996

Loraine town, TX

Quick answer

Loraine town has 702 residents, ranking #1156 of 1863 places in Texas. Median household income is $34,605, the median home is worth $57,800 and median gross rent runs $367 a month.

Population
702Loraine town residents
Median household income
$34,605Past 12 months, inflation adjusted
Median home value
$57,800Owner-occupied units
Median gross rent
$367Rent plus utilities, monthly
Median age
36.1 yrsAll residents
Homeownership rate
64.9%Owner-occupied households

What the numbers mean in Loraine town

Housing cost measured against local earnings.

A household earning the Loraine town median would spend about 12.7% 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 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 32.3% of residents and 64.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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