ExecutivePulse
Official Federal Data

Lipscomb County, Texas

FIPS 48295 · Population 2,918
9 Sources Updated June 22, 2026
$72,560
Median Income
$80,734 national
3.2%
Unemployment
4% national
$624M
GDP
22.4%
Bachelor's+
35.7% national
Small population: 2,918 residents. These figures come from the U.S. Census Bureau’s American Community Survey 5-year estimates, which carry a wide margin of error for places under 20,000 people. Read each value as an approximate range, and treat year-over-year changes as indicative rather than exact. A small shift can reflect survey sampling, not a real change on the ground.

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$72,560
Per Capita
$32,221
Mean Household
$92,240
Poverty Rate
11.5% approx.
Median Income Comparison
Lipscomb County$72,560
Texas$78,476
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 18.6% (542 residents) 55-64: 9.9% (288 residents) 35-54: 23% (671 residents) 18-34: 17.7% (517 residents) Under 18: 30.8% (900 residents) 36 Median Age
Cohorts
Under 18 · 30.8%
18-34 · 17.7%
35-54 · 23%
55-64 · 9.9%
65+ · 18.6%
Race & Ethnicity
White70.9%
Black or African American0%
Asian0%
Hispanic or Latino(any race)38.6%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
84.3%
High School+
National: 89.6%
▼ 5.3 pts
22.4%
Bachelor's+
National: 35.7%
▼ 13.3 pts
4.1%
Graduate+
National: 14.1%
▼ 10.0 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
2,918
Population
1,247
Labor Force
Employed
1,166
Unemployment Rate BLS LAUS 2025 annual
3.2%
Mean Commute 6 min below national avg
19.9 min
Work From Home vs 15.1% national
2.1%
Key Takeaways
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 13.3 pts, relevant for advanced-services attraction strategy.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$624M
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Lipscomb County, Texas, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Transportation and Warehousing
74 57.8%
$76,525
2Retail Trade
54 42.2%
$23,872
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Key Takeaways
  • Largest sector: Transportation and Warehousing employs 74 workers (57.8% of tracked sectors), at an average wage of $76,525.
  • Economic scale: Regional GDP of $624M (2024).
  • Wage stratification: Transportation and Warehousing averages $76,525 while Retail Trade averages $23,872, a 3.2x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Truck Transportation
6.59x
74
Gasoline Stations and Fuel Dealers
3.40x
27
3.27x
562

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Goods-Producing Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
562
Cluster Employment
3.27x
Peak LQ
Concentrated Sub-Sectors
Truck Transportation
6.59x 74
Gasoline Stations and Fuel Dealers
3.40x 27
3.27x 562
Key Takeaways
  • Top specialization: Truck Transportation concentrates at 6.59x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 3 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
Source: BLS QCEW sub-sector Location Quotients.
Lipscomb County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$124,300
Median Home Value vs 2019
$876
Rent/Mo
82.4%
Owner-Occ
28.4%
Vacancy
1.7x
Home Value to Income Ratio - Affordable
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$756/mo
1 Bedroom
$778/mo
2 Bedroom
$973/mo
3 Bedroom
$1,270/mo
4 Bedroom
$1,432/mo
30% of monthly median household income (~$1,814/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • Affordable market: Home value to income ratio of 1.7x is well below the ~4.1x national average; supports talent attraction and family settlement narratives.
  • High home ownership: 82.4% owner-occupied; rental supply may be tight for incoming workers.
  • Elevated vacancy: 28.4% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
  • Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,814/mo), a clear cost-of-living advantage for workforce attraction.
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
1,476
Working Age (18-64) vs 2019
Mean Commute 6 min below national avg
19.9 min
Work From Home vs 15.1% national
2.1%
Prime-Age Employed (25-54)
73.4%
of prime-age population
Labor force participation rate: 61.8% of working-age population (18-64) 62% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
22.4%
HS Diploma+
84.3%
Regional / Statewide Institutions
Total credentials awarded
79,681/yr
Texas A&M University-College Station 20,117/yr
The University of Texas at Austin 17,432/yr
Lone Star College System 11,449/yr
Dallas College 10,913/yr
University of Houston 10,852/yr
Texas State University 8,918/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
19.5%
55-64 of working-age population (18-64)

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
40.1%
Service
12.3%
Sales & Office
13.8%
Construction / Maint.
13.4%
Production / Transport
20.5%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 1,166 employed workers.
Key Takeaways
  • Short commutes: 19.9-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 48,998 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Lipscomb County shows strong potential for truck transportation attraction, with a 6.59x concentration and 74 jobs in this sub-sector. It ranks in the top decile nationally.

The interconnected base across truck transportation, gasoline stations and fuel dealers, and creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Lipscomb County, Texas, from federal data sources.

What is the population of Lipscomb County, Texas?

2,918 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Lipscomb County, Texas?

$72,560 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Lipscomb County, Texas?

3.2% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Lipscomb County, Texas?

$624M (U.S. Bureau of Economic Analysis, CAGDP1).