Income & Economy in Lubbock city, TX (79401)
Median Income
$27,255
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+408
Wealth inflow
Population
8,641
Unemployment
3.7%
0.0pp above US avg
IRS migration statistics show a net inflow of about 408 for ZIP 79401 (Lubbock city, TX) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 79401 (2020–Present)
Since 2020, population declined 4.9%, median income rose 29.0% (inflation-adjusted), home values decreased 11.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $27,255 |
| Unemployment | 3.7% |
| Establishments | 593 |
| Employees | 8,849 |