Lubbock, TX Real Estate
According to census data in the year 2000 there were 84,034 housing units in Lubbock.
This represents a 7.9% growth from 77,852 in 1990.
Of those housing units, 82,643 were located in either urbanized areas or urban clusters, and 1,391 were located in what is classified as a rural area.
Homeownership rate in Lubbock is about 55.8%.
Lubbock's vacancy rate, including seasonal lodging, is about 7.8%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Lubbock were built after 1972.
|Housing Units by Size|
|Five Bedrooms or more||0.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.66|
|Median year structure was built||1970|
|Median Value of occupied units||$69,500|
|Median Price asked for vacant units||$55,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.22|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$441|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||2.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.8%|