Texas · Census place 44032
Lorenzo city, TX
Quick answer
Lorenzo city has 843 residents, ranking #1086 of 1863 places in Texas. Median household income is $42,885, the median home is worth $89,100 and median gross rent runs $625 a month.
- Population
- 843Lorenzo city residents
- Median household income
- $42,885Past 12 months, inflation adjusted
- Median home value
- $89,100Owner-occupied units
- Median gross rent
- $625Rent plus utilities, monthly
- Median age
- 37.9 yrsAll residents
- Homeownership rate
- 79.5%Owner-occupied households
What the numbers mean in Lorenzo city
Housing cost measured against local earnings.
A household earning the Lorenzo city median would spend about 17.5% 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 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 28.9% of residents and 79.5% 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.
- Cut and Shoot city 850
- Cross Timber town 848
- Jewett city 848
- Sherwood Shores CDP 839
- Meadow town 834
- Orange Grove city 833
- Camp Wood city 829
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