Can you afford to live in Lubbock?

Median household income, home values and rent in Lubbock, TX — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Lubbock.

Median household income: $60,487 — +35.5% since 2015 (not adjusted for inflation)

Median gross rent: $1,137/mo — +38.2% since 2015

Median home value, 2015 to 2023

• 2015: 114400
• 2023: 197900

Median household income

• Lubbock: 60487
• Lubbock County: 63367
• TX: 76292
• U.S.: 78538

Median gross rent

• Lubbock: 1137
• Lubbock County: 1134
• TX: 1339
• U.S.: 1348

Share of income a typical renter spends on rent: 32.0% — U.S.: 30.2%

What it means

The typical household here earns $60,487 — notably lower than the national figure of $78,538.

The typical renter here spends 32.0% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+38.2% versus +35.5%), before adjusting for inflation.