Texas · 85 census tracts

Lubbock.

This Lubbock housing market report covers about 116,000 homes across 85 census tracts. It gives investors tract-level context on rent growth, home price growth, property tax and insurance cost assumptions, vacancy, and neighborhood variation. PriceDNA location scores range from 52 to 75, with a median of 63.2. Median household income is $57,978.

Approximate homes
116,000
across 85 assigned tracts
Vacant homes
9.4%
of all homes
Renter-occupied
48%
of occupied homes
01.

Location score distribution

How location scores vary across 85 census tracts in Lubbock.

median 63.2 52 75

Half of Lubbock's tracts score between 60 and 66. The full range spans 52 to 75, with a median of 63.2.

Distribution of tract scores
Median (63.2)
Mean (63.3)

What the location score shows

PriceDNA Location Score™ is a 0–100 signal designed to summarize local strength and risk context for rental-property analysis. Higher scores generally point to stronger location fundamentals.

The distribution matters because a city is rarely one market. The spread across Lubbock's census tracts shows why investors should look below the city average before deciding where a property fits.

To see the location score for your specific property, analyze a property

02.

Housing composition

Key housing statistics for approximately 116,000 homes in Lubbock, including occupancy, tenure, and structure type.

Tenure of occupied homes: owner 52%, renter 48%.
Tenure of occupied homes Owner 52% · Renter 48%
Housing occupancy: occupied 90.6%, vacant 9.4%.
Occupancy Occupied 90.6% · Vacant 9.4%

Of about 116,000 homes, 9.4% are vacant. Among occupied homes, 48% are renter-occupied, providing context on the size of the local rental base.

By structure type, about 68% of Lubbock’s housing units are in single-family structures, 8% in small multifamily buildings (2–4 units), and 22% in larger multifamily buildings (5+ units). Percentages are rounded; small residual structure categories are not shown.

03.

How Lubbock compares

City medians are useful, but investors need context. This table compares Lubbock's local range with Texas and U.S. medians so you can quickly see where the market looks stronger, weaker, or more expensive than broader benchmarks.

Metric Lubbock — lower · median · upper Lubbock Texas TX United States US
Census ACS B19013 · 2020–2024
$46,139 $57,978 $79,970 $73,717 $77,173
College educated
Census ACS B15003 · 2020–2024
33% 43% 50% 37% 41%
Renter-age share (21–44)
Census ACS B01001 · 2020–2024
33% 37% 43% 33% 32%
FHFA HPI · 2025
2.9% 2.9% 2.9% 3.9% 5.2%
Census ACS B25064 · 2020–2024
3.5% 4.1% 4.5% 4.4% 4.4%
Property tax rate
Census ACS B25103 · 2020–2024
2.00% 2.00% 2.00% 2.00% 1.52%
Property insurance rate
Census ACS B25141 · 2020–2024
1.03% 1.15% 1.85% 0.92% 0.56%
Census ACS B25064 + B19013 · 2020–2024
30.0% 34.5% 39.8% 31.4% 30.8%
04.

About this data

PriceDNA uses the most local reliable data available for each metric. Some signals are available at the census-tract level. Others are published or more reliable at broader geographies such as county, metro, state, or national level.

Housing-unit totals are approximate. PriceDNA sums Census ACS counts for the tracts assigned to the city by centroid, so the market total can differ from a municipal boundary count when a tract crosses the city line.

The property-tax assumption combines local residential tax data with a state-level apartment benchmark to provide more conservative context for rental-property underwriting. Insurance assumptions use available residential property insurance data and should be verified for the specific property and coverage.

These pages are designed for market screening and investor education. They do not replace property-level underwriting, inspections, appraisals, insurance quotes, lender review, or professional advice.

You've seen the city. Now run a real address.

Market context is useful. The real decision happens at the property level.