Lorenzo
Lorenzo has notably lower household income than the US average, with a median household income of $33,854. Population has fallen 30% since 2000, a loss of 408 residents. 5% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $65,200. The poverty rate of 35.1% is well above the national figure. Households here earn about 47% less than the Texas median.
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How many people live in Lorenzo, Texas?
Lorenzo, Texas has about 964 residents according to the 2020 American Community Survey.
What is the median household income in Lorenzo, Texas?
The typical household in Lorenzo, Texas earns about $33,854 a year. Half of households make more than that, and half make less.
Is Lorenzo, Texas expensive?
In Lorenzo, Texas, the median home is worth about $65,200, and the typical rent is about $579 a month.
How educated are people in Lorenzo, Texas?
About 5.4% of adults age 25 and over in Lorenzo, Texas hold a bachelor's degree or higher.
What is the poverty rate in Lorenzo, Texas?
About 35.1% of people in Lorenzo, Texas live below the federal poverty line.
Has Lorenzo, Texas grown since 1990?
Yes, Lorenzo, Texas has shrunk since 1990. The population has lost about 244 residents, a change of about -20 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024