17 / 100

Lubbock County, TX

RANK #831 / 996  ·  POP 311,509  ·  TX

PROJECTED GROWTH: -0.9%

Lubbock County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Lubbock County?

Lubbock County, Texas, is home to the Lubbock Lake Landmark, an archaeological site with evidence of human habitation dating back 12,000 years. Located on the South Plains of Northwest Texas, Lubbock is approximately 327 miles northwest of Dallas. The county features a generally flat landscape, with elevations between 2,900 and 3,400 feet. Commutes within the city of Lubbock average around 18 minutes, aided by infrastructure like the Marsha Sharp Freeway and Loop 289. Outdoor recreation includes Buffalo Springs Lake and Lake Ransom Canyon for water activities, and numerous parks and trails such as those at Mackenzie Park and the Lubbock Memorial Arboretum.

Life in Lubbock County offers a blend of urban amenities and a community atmosphere. The public school systems, including Lubbock ISD, Frenship ISD, and Lubbock-Cooper ISD, are highly rated. The economy, historically rooted in agriculture and education with Texas Tech University, is expanding into new sectors. Recent economic developments show growth in manufacturing, particularly in pump production for various industries, and the finance sector has seen job increases. The area is also making provisions for new economic opportunities, including a high-tech distribution building.

[02] Market Snapshot

Housing Ratio
3.7x

Undervalued relative to economy

GDP Growth
+1.7%

Below national median

Home Prices
+0.7%

Below national median

Climate & Terrain
1.1

Moderate climate & terrain

Price/Rent
11x

Strong rental yield

Housing looks undervalued at 3.7x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Lubbock County U.S. National

The Numbers

DEMOGRAPHICS
Population
311,509
+0.95% YoY
Median Household Income
$61,911
Median Home Value
$183,700
+0.69% 12mo
Median Rent
$1,087
Average Annual Pay
$54,452
+2.9% YoY
Employment
151,811
+1.3% YoY
Income-to-Home-Value
0.337
More affordable than average
Migration Inflow
6.74%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$245,500
Days on Market
98
Slower market
Months of Supply
4.7
Balanced market
Sale-to-List Ratio
100.0%
Near asking price
Listings w/ Price Drops
22.7%
Building Permits (2024)
2,209
Single-Family Permits
1,911

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$3,550M
TOTAL
PROJECT AMOUNT STATUS
TeraWulf Abernathy Campus Data Center
TeraWulf, Fluidstack (backed by Google)
$1,300M Under Construction
Leprino Foods Cheese Manufacturing Facility
Leprino Foods
$1,000M Under Construction
Lubbock Data Centers New Construction (936-acre facility)
Calvano Development / Texas Solarworks LLC
$500M Proposed
Plant Agricultural Systems Greenhouses (13 x 1M sq ft)
Plant Agricultural Systems
$500M Planned
Lubbock Battery/Storage Project
Paleo BESS
$200M Planned
The Vineyards at Escondido Ranch (Master-Planned Development)
Unknown
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +1.7% 29 percentile
Population Growth +0.9% 70 percentile
Income Growth +9.5% 73 percentile
Vacancy Rate 2.0% 9 percentile
Home Price Change +0.7% 40 percentile
Rent Growth +1.0% 19 percentile
Price/Rent 11x 80 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Lubbock County, TX a good place to move to?

Lubbock County has a Boom Town Index score of 17/100, ranking #831 among 996 U.S. counties. With job growth at +1.3% and a median household income of $61,911, it faces some economic headwinds compared to faster-growing counties.

Is Lubbock County affordable?

The median home value in Lubbock County is $183,700 with median rent at $1,087/month. The income-to-home-value ratio is 0.337, which is more affordable than the national average.

Is Lubbock County growing or shrinking?

Population growth: +0.9% year-over-year. Job growth: +1.3%. Home values changed +0.7% in the past 12 months.

Are people moving to Lubbock County?

Yes — 6.74% of Lubbock County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Caddo Parish, LA 27 Clay County, MO 27 Washington County, VT 27 Clark County, WA 27 Kitsap County, WA 27 Androscoggin County, ME 27 Hardin County, TX 27 Harrison County, TX 27