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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

Housing Overview

Median Home Value
$311,600
11% above
US avg: $281,900
Homeownership Rate
98.5%
51% above US avg (65.4%)
Total Housing Units
521
Median year built: 1988

Home Value by Source

Census Median
$311,600
Zillow (ZHVI)
$372,655
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

98.5%
Owner-Occupied
1.5%
Renter-Occupied
99%
2%
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
31.3%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
98.5%

Complete Housing Data

Home Values

Census Median Value$311,600
Zillow Home Value (ZHVI)$372,655

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-Occupied98.5%
Renter-Occupied1.5%
Homeownership Rate98.5%
Total Housing Units521
Median Year Built1988
Rent Burden31.3%