According to statistics, the population in Lubbock, TX amounts to 247,323, which shows growth 1% compared to the previous year. The median age of the city’s residents is 29. The average household income is $47,326, shifting growth 4% from the past year, and the average property value in Lubbock, TX growth 5% to $123,800 throughout the year.
|Number Of Employees||121,186|
|Median Property Value||$123,800|
The average household income in Lubbock, TX grew from $45,499 to $47,326 in the past year. This data is an estimate based upon 92,517 households in Lubbock, TX . The chart below presents how household income is distributed in Lubbock, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Lubbock, TX shifted from $118,300 to $123,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Lubbock, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Lubbock, TX properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lubbock, TX compared to median property taxes around the country. The prevalent amount of property taxes in Lubbock, TX equals $3000, which is less than the national average.
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