Housing costs in Lipscomb?
A typical home costs
$98,400, which is 70.9% less expensive than the national average of
$338,100 and 66.9% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lipscomb costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 48.8% cheaper than the state average of
$1,280.
Can I afford Lipscomb?
To live comfortably in Lipscomb (zip 79056), Texas, a minimum annual income of
$18,720 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Lipscomb?
Living in 79056 Lipscomb, TX is an affordable option for many people. The median home value is $77,000, with the median rental rate sitting at around $1,150 per month. Tax rates are also relatively low compared to other cities in the state, which can help keep household expenses even lower. In addition, utilities like electricity and water are both inexpensive when compared to other areas of Texas. Overall, 79056 Lipscomb, TX has a cost of living that makes it an excellent choice for those looking to enjoy a comfortable lifestyle without breaking the bank.