This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Lubbock page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 261,078, so Lubbock should be compared with similar-size places before using broader Texas averages. Median household income is $60,487, so the best affordability read for Lubbock is income versus housing, taxes, utilities, and insurance together.
Median home value is $197,900, so ownership costs in Lubbock should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $1,137/mo, so renters can compare Lubbock against ownership costs and nearby rental markets.
Housing and Income Context
For Lubbock, income sits in the middle range, making recurring bills worth watching. Home values are comparatively low, but maintenance, taxes, and utilities still matter.
Use the home value, rent, and income fields together before deciding whether Lubbock looks more favorable for renting, buying, or comparing with Shallowater, TX.
Utility Cost Context
The residential electricity benchmark is $0.164/kWh, so Lubbock households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Lubbock is a Texas state-level EIA benchmark, so it should not be read as a local provider tariff.
For Lubbock, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $3,216, so Lubbock buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Lubbock address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Lubbock depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Lubbock, especially when comparing with Shallowater, TX.
Population and Demographics
Median age is 30.4, so Lubbock may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 34.9%, so Lubbock education context can be useful when reading labor-market and school sections.
Unemployment is 4.3%, so Lubbock wage and job-market context should be compared with commute options and regional employment centers.
