Income & Economy in Lubbock city, TX (79403)
Median Income
$45,343
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+752
Wealth inflow
Population
15,941
Unemployment
8.3%
4.6pp above US avg
IRS migration statistics show a net inflow of about 752 for ZIP 79403 (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 79403 (2020–Present)
Since 2020, population declined 2.5%, median income rose 0.7% (inflation-adjusted), home values increased 15.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $45,343 |
| Unemployment | 8.3% |
| Establishments | 249 |
| Employees | 6,385 |