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Follett, TX

Full City Profile · Texas · Lipscomb County County

3.4 /5.0
B Good
346 Population 357/sq mi density
$87,083 Median Income $35,511 per capita
$108,300 Home Value $104,719 Zillow
58°F Avg Temperature 323 sunny days/yr
95 Violent Crime/100K 381 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$87,083 median income, 0.4% unemployment
A+
Affordability
5.0 / 5.0
$108,300 home value, /mo rent
F
Safety
1.0 / 5.0
95 violent crimes/100K
C+
Education
3.0 / 5.0
24.6% bachelor's degree or higher

Housing Overview

Median Home Value
$108,300
62% below
US avg: $281,900
Homeownership Rate
87.2%
33% above US avg (65.4%)
Total Housing Units
216
Median year built: 1957

Home Value by Source

Census Median
$108,300
Zillow (ZHVI)
$104,719
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

87.2%
Owner-Occupied
12.8%
Renter-Occupied
87%
13%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo

Affordability & Housing Stock

Rent Burden
16.6%
of renters spending 30%+ of income on housing
46% below US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
87.2%

Complete Housing Data

Home Values

Census Median Value$108,300
Zillow Home Value (ZHVI)$104,719

Rent

FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Ownership & Stock

Owner-Occupied87.2%
Renter-Occupied12.8%
Homeownership Rate87.2%
Total Housing Units216
Median Year Built1957
Rent Burden16.6%