Places/TX/Lubbock County, TX
County profile

Lubbock County, TX

United States · GDP 2024
#261 of 3,127 US counties by GDP51st-percentile growthmore diversified than 84% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$19.8B
BEA · 2024
GDP growth (YoY)
+4.4%
BEA · 2024
Jobs tracked
124,049
Census CBP · 2023
Employers
8,019
Census CBP · 2023
Avg. wage
$52.9k
BLS QCEW · 2023
Population
328,906
Census PEP · 2025
Labor, income & education
Unemployment
4.5%
Median HH income
$64.2k±$2.0k
Bachelor's degree+
33.4%±1.1%
Poverty rate
17.1%±1.0%
Business applications
4,292 · 2025
Retail establishments
1,079
33.2/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1South Plains Financial, Inc.Financial Services

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care30%
Retail trade23%
Food & accommodation22%
Construction9%
Other services8%
Wholesale trade8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
328,906
residents · 2025 · +5.6% since 2020
Income per capita $55.8k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+7,412
International migration+5,210
Natural change+4,676

GDP trend

20192024 · nominal
$14.6B
2019
$15.1B
2020
$16.2B
2021
$17.6B
2022
$19.0B
2023
$19.8B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$214.1k±$4.0k
Median gross rent
$1.2k/mo±$17/mo
Vacancy rate
9.4%±0.7%
Affordability
4.0× wages
Residential permits
$756.2M
2,858 units · 8.7/1k pop
FEMA risk score
96.2
HUD Fair Market Rent (2BR):$1.2k/mo · 2026
TOP PERILS · FEMA NRI
Drought 100Hail 100Strong wind 100
FHFA HOUSE PRICE INDEX · 20162025
387
2016
398
2017
413
2018
429
2019
441
2020
487
2021
560
2022
579
2023
586
2024
594
2025
RESIDENTIAL PERMITS · 20212025
-16% since 2021
3,402
2021
3,275
2022
2,514
2023
2,209
2024
2,858
2025

Transport access

BTS · FAA · USACE
Nearest interstate
2.1 km
I-27
Nearest freight rail
0.6 km
BNSF
Nearest port
626.7 km
GAVILON GRAIN CATOOSA OK
Nearest commercial airport
5.9 km
LUBBOCK PRESTON SMITH INTL
Wage trend
BLS QCEW · 20192023
$52.9k
avg. annual pay · +17% since 2019
The read

What is the GDP of Lubbock?

Lubbock's economy produced $19.8B in 2024, growing 4.4% year over yearabout the middle of the pack among US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.