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Cost of Living in Lamb County, TX

Population 12,828 · Census ACS 2020–2024 5-year estimates

Median rent$968
Median home value$82,400
Median household income$60,760

The median rent in Lamb County, TX is $968/month, 31% lower than the Texas median and 31% lower than the U.S. median. The median home value is $82,400, 75% lower than the national median. Households earn a median of $60,760 a year, 23% lower than the state median.

Affordability

Rent as a share of median income: 19.1%
Income needed for median rent (30% rule): $38,720/yr
Home price-to-income ratio: 1.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $417/mo

Run your own numbers: mortgage calculator · hourly to salary

Lamb County vs. Texas vs. U.S.

Lamb CountyTexasU.S.
Median rent$968$1,403$1,413
Median home value$82,400$283,800$332,700
Median household income$60,760$78,476$80,734
Homeownership rate74.0%62.6%65.2%
Bachelor's degree or higher14.3%33.8%35.7%
Poverty rate15.0%13.8%12.5%
Unemployment rate2.1%5.3%5.2%
Work from home4.0%14.4%15.1%
Median age37.135.638.9

FAQ

What is the average rent in Lamb County, TX?

The median gross rent in Lamb County, TX is $968 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Lamb County, TX?

Using the common 30% rule, renting a median-priced home takes about $38,720 a year in gross income.

Is Lamb County, TX expensive to live in?

Rent there is 31% lower than the U.S. median, and the median home costs about 1.4 times the median household income.

Other counties in Texas

Harris County, TXRent $1,401 · Income $74,983Dallas County, TXRent $1,565 · Income $76,547Tarrant County, TXRent $1,547 · Income $84,207Bexar County, TXRent $1,354 · Income $72,341Travis County, TXRent $1,744 · Income $99,611Collin County, TXRent $1,859 · Income $121,600

Counties with a similar cost of living

Comanche County, OKRent $970 · Income $60,761Jasper County, MORent $973 · Income $60,694Pickens County, SCRent $972 · Income $61,064Hardee County, FLRent $962 · Income $60,489Jasper County, GARent $970 · Income $60,134Carter County, OKRent $980 · Income $60,723

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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