Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.4 yrs |
|---|---|
| Avg HH Size | 3.36 |
| Below Poverty | 4.9% ▼ 51% below avg |
| College Grads | 46.2% ▲ 19% above avg |
| Unemployment | 6.2% ▲ 26% above avg |
| No HS Diploma | 21 (0.8%) |
| HS Graduate | 581 (21.7%) |
| Some College | 342 (12.8%) |
| Associates | 499 (18.6%) |
| Bachelors | 186 (6.9%) |
| Graduate Degree | 1,052 (39.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $95,398 ▲ 25% above avg |
|---|---|
| Median Home Value | $302,400 ▲ 8% above avg |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $1,344/mo |
| Total Housing Units | 1,604 |
| Vacant Units | 139 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lipan is a city in Texas, located in Hood County. The city spans 1 ZIP code and is home to approximately 4,920 residents. It is a relatively young city, with a median age of 37.4 years.
Economically, Lipan is a middle-income community. The median household income of $95,398 is above the national average. Approximately 4.9% of residents live below the poverty line. The unemployment rate is 6.2%, above the national average.
The real estate market in Lipan is a mid-range housing market. Median home values stand at $302,400, which is near the national average. Renters typically pay around $1,344 per month. Homeownership is high at 88.9%, typical of suburban and family-oriented communities.
The population of Lipan is well-educated. 46.2% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (81.28%).
Lipan, TX offers residents above-average earning potential within Texas.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 76462 | 4,920 | $95,398 | $302,400 | $1,344 | 6.2% | 46.2% | 88.9% |