Follett, TX
Full City Profile · Texas · Lipscomb County County
4.2
/5.0
A
Great
346
Population
357/sq mi density
$87,083
Median Income
$35,511 per capita
$108,300
Home Value
$110,484 Zillow
58°F
Avg Temperature
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.7 / 5.0
$87,083 median income, 0.6% unemployment
A+
Affordability
5.0 / 5.0
$108,300 home value, /mo rent
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)
$110,484
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
87.2%
Owner-Occupied
12.8%
Renter-Occupied
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) | $110,484 |
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-Occupied | 87.2% |
| Renter-Occupied | 12.8% |
| Homeownership Rate | 87.2% |
| Total Housing Units | 216 |
| Median Year Built | 1957 |
| Rent Burden | 16.6% |