Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.4 yrs |
|---|---|
| Avg HH Size | 2.50 |
| Below Poverty | 5.8% ▼ 42% below avg |
| College Grads | 46.7% ▲ 21% above avg |
| Unemployment | 0.5% ▼ 91% below avg |
| No HS Diploma | 5 (1.6%) |
| HS Graduate | 53 (16.7%) |
| Some College | 54 (17%) |
| Associates | 57 (18%) |
| Bachelors | 50 (15.8%) |
| Graduate Degree | 98 (30.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $84,821 ▲ 11% above avg |
|---|---|
| Median Home Value | $121,900 ▼ 56% below avg |
| Home/Income Ratio | 1.4x (nat avg ~3.5x) |
| Median Rent | $638/mo |
| Total Housing Units | 331 |
| Vacant Units | 144 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Follett is a city in Texas, located in Lipscomb County. The city spans 1 ZIP code and is home to approximately 468 residents. It is a mature city, with a median age of 46.4 years.
Economically, Follett is a middle-income community. The median household income of $84,821 is near the national average. Approximately 5.8% of residents live below the poverty line. The unemployment rate is 0.5%, well below the national average.
The real estate market in Follett is one of the more affordable housing markets in the country. Median home values stand at $121,900, which is well below the national average. Renters typically pay around $638 per month. Homeownership is high at 82.9%, typical of suburban and family-oriented communities.
The population of Follett is well-educated. 46.7% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (88.03%).
Follett, TX offers residents above-average earning potential within Texas.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 79034 | 468 | $84,821 | $121,900 | $638 | 0.5% | 46.7% | 82.9% |