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Lavon, Texas

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
6,498
Population
$131,303
Median Income
$394,300
Home Value
33.9
Median Age

Demographics

Lavon has a population of 6,498 with a median age of 33.9. Here is the racial and ethnic breakdown of the population:

White
61.1%
Hispanic
20.7%
Black
8.5%
Asian
8.0%
Other
1.7%
Demographic Value
Total Population6,498
Median Age33.9
White61.1%
Black or African American8.5%
Asian8.0%
Hispanic or Latino20.7%
Other / Two or More Races1.7%
Lavon, Texas — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 61.1%Hispanic/Latino: 20.7%Black: 8.5%Asian: 8.0%Other: 1.7%6,498PopulationWhiteWhite61.1%Hispanic/LatinoHispanic/Latino20.7%BlackBlack8.5%AsianAsian8.0%OtherOther1.7%

Income & Economy

The median household income in Lavon is $131,303, which is 62.9% above the national median of $80,610. The per capita income is $52,957. The poverty rate is 1.6%.

$131,303
Median Household Income
$52,957
Per Capita Income
1.6%
Poverty Rate

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Education

In Lavon, 97.6% of residents age 25+ have a high school diploma or higher, and 42.4% hold a bachelor's degree or higher (16.8% with a graduate or professional degree).

HS Diploma+
97.6%
Bachelor's+
42.4%
Graduate+
16.8%
Education Level % of Adults (25+)
High School Diploma or Higher97.6%
Bachelor's Degree or Higher42.4%
Graduate or Professional Degree16.8%

Housing

The median home value in Lavon is $394,300, above the national median of $303,400. The median monthly rent is $2,203. The homeownership rate is 90.2%.

$394,300
Median Home Value
$2,203/mo
Median Rent
90.2%
Homeownership Rate
Housing Metric Value
Median Home Value$394,300
Median Monthly Rent$2,203
Homeownership Rate90.2%
Vacancy Rate3.1%

Salaries in Texas

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Frequently Asked Questions

What is the population of Lavon, Texas?
The population of Lavon, Texas is 6,498 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lavon, Texas?
The median household income in Lavon, Texas is $131,303. This is 62.9% above the national median of $80,610.
What is the median home value in Lavon, Texas?
The median home value in Lavon, Texas is $394,300. The median monthly rent is $2,203.
What percentage of people in Lavon have a college degree?
In Lavon, Texas, 42.4% of adults age 25 and older hold a bachelor's degree or higher, and 97.6% have a high school diploma or higher.
Is Lavon, Texas an affordable place to live?
The home price-to-income ratio in Lavon, Texas is 3.0x (median home value $394,300 vs. median income $131,303), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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