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Lubbock County, TX

RANK #562 / 996 NAT  ·  #26 / 69 TX  ·  POP 311,509

1YR FORECAST: -0.1%

5YR OUTLOOK: +22%

Lubbock County's housing market is projected to grow -0.1% over the next year, below the national average.

[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] Top Employers

  1. 1
    Texas Tech University System Education
    25,000+
  2. 2
    United Supermarkets Retail
    10,000+
  3. 3
    Covenant Health System Healthcare
    5,000+
  4. 4
    Tyler Technologies Technology
    1,000+
  5. 5
    University Medical Center (UMC) Healthcare
  6. 6
    Lubbock Independent School District Education
  7. 7
    City of Lubbock Government
  8. 8
    Lubbock County Government
  9. 9
    X-Fab Texas Manufacturing
  10. 10
    Lubbock Heart & Surgical Hospital Healthcare

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
32.6%
of residents (national avg: 33%)

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] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
7.1
per 100K · nat avg 6.3
Firearm Fatalities
17.9
per 100K · nat avg 14.8
Injury Deaths
83.0
per 100K · nat avg 76.3
vs National Average
Near national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B+
AIR QUALITY
GRADE
Median AQI (3yr)
27.3
Good
Good Air Days
85%
901 of 1,058 days
Unhealthy+ Days (3yr)
3
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
31
2022
26
2023
25
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] 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.

[09] Frequently Asked Questions

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

Lubbock County scores 43/100 on the Boom Town Index, landing in the middle of the pack among 996 U.S. counties (#562). Median household income is $61,911 and job growth is running at +1.3%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Lubbock County affordable?

Housing in Lubbock County is roughly in line with national affordability norms. The median home costs $183,700 and the income-to-home-value ratio sits at 0.34, with rents averaging $1,087/month. Not a bargain, but not a stretch for most local earners either.

Is Lubbock County growing or shrinking?

Lubbock County is growing on multiple fronts. Population is up +0.9% year-over-year while employers added jobs at a +1.3% clip. Home values shifted +0.7% in the past year.

Are people moving to Lubbock County?

In significant numbers — 6.74% of Lubbock County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[10] Similar Counties by Size & Score

Webb County, TX 41 McLennan County, TX 39 Walker County, TX 39 Coryell County, TX 38 Johnson County, TX 49 Cameron County, TX 50 Merced County, CA 43 Jefferson Parish, LA 43