At a Glance
Median Income
$42,885
$21,103 per capita
Home Value
$89,100
Zillow: $107,096
Median Rent
$625/mo
33.0% of income on rent
Bachelor's Degree+
6.6%
71.1% high school+
Unemployment
5.1%
28.3% poverty rate
Obesity Rate
42.9%
17.7% smoking rate
How Lorenzo Compares to the U.S. Average
Each bar shows Lorenzo's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Lorenzo a Good Place to Live?
C+
2.9 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Lorenzo residents earn a median household income of $42,885 , which is 43% below the national average of $75,149.
Per capita income is $21,103. The unemployment rate stands at 5.1% (42% above the U.S. rate of 3.6%). 28.3% of residents live below the poverty line. The area is home to 178 business establishments, including 3 restaurants.
Housing & Cost of Living
The median home value in Lorenzo is $89,100 , 68% below the national median of $281,900.
Zillow estimates the typical home at $107,096. Median rent is $625/month, with 33.0% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 1966.
Education
6.6% of adults in Lorenzo hold a bachelor's degree or higher
(80% below the national average).
71.1% have completed high school. Local schools score 4.1/10 in standardized testing.
Climate & Weather
Lorenzo has an average annual temperature of 61°F (16°C).
Winters average 41°F in January while summers reach 81°F in July. Annual precipitation totals 18.3 inches.
Data Overview
People
Population843
Median Age37.9 yrs
Density887/mi²
Male / Female51% / 49%
Foreign Born7.7%
Veterans6.6%
Economy
C
Median Income$42,885
Per Capita$21,103
Unemployment5.1%
Poverty28.3%
County GDP$259M
Avg Weekly Wage$904
Housing
A+
Home Value$89,100
Rent$625
Ownership79.5%
Zillow$107,096
Housing Units404
Rent Burden33.0%
Health
Obesity42.9%
Diabetes16.2%
Smoking17.7%
Heart Disease7.0%
Premature Death16,653/100K
Climate
Avg Temp61°F
Rain18.3 in/yr
Elevation3,168 ft
Education
D
Bachelor's+6.6%
High School+71.1%
Graduate+0.6%
School Score4.1/10
Community
2024 VoteR 75% / D 24%
Commute22 min
Broadband85.7%
Internet Speed22 Mbps
EV Stations30
Libraries3
Did You Know?
The median home in Lorenzo was built in 1966.
The nearest airport is Lubbock Preston Smith International (16 miles).
The Gini coefficient (income inequality) is 0.532 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
22.9% of the population has a disability.
The county recorded 4 fatal vehicle crashes.