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Lipan, 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
490
Population
$77,500
Median Income
$266,100
Home Value
35.3
Median Age

Demographics

Lipan has a population of 490 with a median age of 35.3. Here is the racial and ethnic breakdown of the population:

White
84.3%
Hispanic
18.2%
Asian
1.0%
Demographic Value
Total Population490
Median Age35.3
White84.3%
Asian1.0%
Hispanic or Latino18.2%
Lipan, Texas — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 104.White: 81.4%Hispanic/Latino: 17.6%Other: 1.0%490PopulationWhiteWhite81.4%Hispanic/LatinoHispanic/Latino17.6%OtherOther1.0%

Income & Economy

The median household income in Lipan is $77,500, which is 3.9% below the national median of $80,610. The per capita income is $37,689. The poverty rate is 12.4%.

$77,500
Median Household Income
$37,689
Per Capita Income
12.4%
Poverty Rate

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Education

In Lipan, 90.3% of residents age 25+ have a high school diploma or higher, and 22.8% hold a bachelor's degree or higher (7.3% with a graduate or professional degree).

HS Diploma+
90.3%
Bachelor's+
22.8%
Graduate+
7.3%
Education Level % of Adults (25+)
High School Diploma or Higher90.3%
Bachelor's Degree or Higher22.8%
Graduate or Professional Degree7.3%

Housing

The median home value in Lipan is $266,100, below the national median of $303,400. The median monthly rent is $1,234. The homeownership rate is 84.8%.

$266,100
Median Home Value
$1,234/mo
Median Rent
84.8%
Homeownership Rate
Housing Metric Value
Median Home Value$266,100
Median Monthly Rent$1,234
Homeownership Rate84.8%
Vacancy Rate12.7%

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Frequently Asked Questions

What is the population of Lipan, Texas?
The population of Lipan, Texas is 490 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lipan, Texas?
The median household income in Lipan, Texas is $77,500. This is 3.9% below the national median of $80,610.
What is the median home value in Lipan, Texas?
The median home value in Lipan, Texas is $266,100. The median monthly rent is $1,234.
What percentage of people in Lipan have a college degree?
In Lipan, Texas, 22.8% of adults age 25 and older hold a bachelor's degree or higher, and 90.3% have a high school diploma or higher.
Is Lipan, Texas an affordable place to live?
The home price-to-income ratio in Lipan, Texas is 3.4x (median home value $266,100 vs. median income $77,500), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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