Lubbock, TX · Texas

Lubbock County

ZIP 79350

314,633 residents2,738 permits TTM$63,367 median HHI20 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$199,600

ACS 5-Year

Cap rate proxy

6.8%

FMR × 0.65 ÷ Home Value

Rent-to-income

21.5%

HUD FMR ÷ ACS HHI

Net migration

+1.49%

IRS SOI

Permits (TTM)

2,738

Census BPS

Climate risk

96.2

FEMA NRI (0–100)

ZIP 79350

Median home value

Gross yield

Cap rate

6.8%

Rent gap

Affordability

P/I: 2.1R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown20 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
7940414.3%
7941114.1%
7941510.5%
794129.6%
7936410.1%

Ranked by composite score

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Demographics

Owner-occupied

55.3%

Census ACS

Vacancy rate

9.1%

Census ACS

Bachelor's degree +

33.3%

Census ACS

Rent burdened

49.1%

Census ACS (>30% income)

Median age

31.7

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026