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Ransom Canyon, TX

Full City Profile · Texas · Lubbock County County

3.9 /5.0
B+ Good
1,081 Population 1,368/sq mi density
$111,458 Median Income $66,624 per capita
$311,600 Home Value $372,655 Zillow
62°F Avg Temperature 330 sunny days/yr
172 Violent Crime/100K 603 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$111,458 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$311,600 home value, /mo rent
F
Safety
1.0 / 5.0
172 violent crimes/100K
A+
Education
4.8 / 5.0
46.9% bachelor's degree or higher

Income Overview

Median Household Income
$111,458
48% above
US avg: $75,149
Per Capita Income
$66,624
71% above
US avg: $39,052
Unemployment Rate
1.5%
58% below
US avg: 3.6%
Poverty Rate
1.5%
88% below
US avg: 12.4%

Income Comparison: Ransom Canyon vs. U.S. Average

Each bar shows Ransom Canyon’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$111,458
148%
Per Capita
US: $39,052
$66,624
171%
IRS Avg AGI
US: $72,000
$77,229
107%
Avg Weekly Wage
US: $1,432
$1,047
73%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,047
27% below US avg ($1,432)
Mean Commute Time
27 min
2% below US avg (28 min)
Work From Home
5.1%
66% below US avg (15.2%)
Drive Alone
84.8%
16% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$19,822M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 84.8%
Public Transit 0%
Work From Home 5.1%
Other 10.1%
Average commute time
27 minutes
US avg: 28 min

Business Landscape

Total Establishments
8,294
Restaurants
770
Healthcare
925
Retail
1,060
Manufacturing
228

Tax & Financial

IRS Avg Adjusted Gross Income
$77,229
7% above US avg ($72,000)
Avg Property Tax
$8,545
144% above US avg ($3,500)
Cost of Living Index
97.1
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$111,458
Per Capita Income$66,624
IRS Avg Adjusted Gross Income$77,229
Avg Weekly Wage$1,047
County GDP$19,822M

Hardship Indicators

Unemployment Rate1.5%
Poverty Rate1.5%
Gini Coefficient0.481
Cost of Living Index97.1

Commute

Mean Commute27 minutes
Drive Alone84.8%
Public Transit0.0%
Work From Home5.1%

Businesses

Total Establishments8,294
Restaurants770
Healthcare925
Retail1,060
Manufacturing228

Tax

IRS Avg AGI$77,229
Avg Property Tax$8,545