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Lipan, TX

Full City Profile · Texas · Erath County County

3.1 /5.0
B Good
446 Population 421/sq mi density
$69,063 Median Income $37,103 per capita
$173,100 Home Value $491,973 Zillow
$1,175 Median Rent 41.3% income on rent
65°F Avg Temperature 323 sunny days/yr
189 Violent Crime/100K 5,962 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$69,063 median income, 4.3% unemployment
A+
Affordability
5.0 / 5.0
$173,100 home value, $1,175/mo rent
F
Safety
1.0 / 5.0
189 violent crimes/100K
C
Education
2.4 / 5.0
18.1% bachelor's degree or higher

Housing Overview

Median Home Value
$173,100
39% below
US avg: $281,900
Median Rent
$1,175/mo
1% above
US avg: $1,163/mo
Homeownership Rate
89.2%
36% above US avg (65.4%)
Total Housing Units
184
Median year built: 1972

Home Value by Source

Census Median
$173,100
Zillow (ZHVI)
$491,973
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

89.2%
Owner-Occupied
10.8%
Renter-Occupied
89%
11%
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
Census median rent: $1,175/mo

Affordability & Housing Stock

Rent Burden
41.3%
of renters spending 30%+ of income on housing
33% above US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
89.2%

Complete Housing Data

Home Values

Census Median Value$173,100
Zillow Home Value (ZHVI)$491,973

Rent

Census Median Rent$1,175
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-Occupied89.2%
Renter-Occupied10.8%
Homeownership Rate89.2%
Total Housing Units184
Median Year Built1972
Rent Burden41.3%