Cost of Living in Lockhart, TX

Population 14,708 · Texas · Data vintage 2023

78
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Lockhart stay well under national norms: a median home value of $218,000 against median household incomes of $67,252 gives the city one of the more comfortable price-to-income ratios in Texas. An unemployment rate of 1.5% points to a labor market well on the tight side of the national distribution.

Lockhart is about 30 miles south of Austin, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 57% lower than Austin's $513,000.

Cost Overview

Housing 72
Rent 88

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Lockhart

The median home value in Lockhart is $218,400 — 28% below the national median of $305,000. Median rent runs $1,161/month, 12% lower than the national median of $1,314/month. The median household income of $67,252/year is 10% lower than the US median of $74,580. The local unemployment rate is 1.5%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 80.4°F and lows of 56.5°F. Overall, Lockhart has a cost of living index of 78 versus the US average of 100, meaning it is 22% less expensive.

🏠 Housing

Median Home Value
$218,400
28% below avg
Zillow Home Value
$274,284
Zillow ZHVI
Median Rent
$1,161/mo
12% below avg
Zillow Rent
$1,738/mo
Zillow ZORI
Price-to-Rent Ratio
15.7x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 63.2%
Renter-occupied 36.8%

💰 Estimated Monthly Budget

Rent median rent
$1,161
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,775/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
31.4 min
16% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.6%

Commute Mode

Drove alone
82.4%
Carpooled
7.3%
Walked
1.1%
Bicycle
0.3%
Work from home
7.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$67,252
10% below avg
Per Capita Income
$28,956
Unemployment Rate
1.5%
68% below avg
Poverty Rate
13.1%
Labor Force Participation
57.0%

🎓 Education

Bachelor's degree+ 12.3%
Graduate degree 4.4%

👥 Demographics

Median Age 37.7
Male median age 35.2
Female median age 38.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
80.4°F
Avg Low
56.5°F
Annual Precip
35.6"
Annual Snowfall
0.2"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 636673808793969791837264
Low °F 384249566572737367574740
Precip" 2.821.892.902.395.003.372.162.473.034.252.682.61
Snow" 0.00.10.00.00.00.00.00.00.00.00.00.1

Frequently Asked Questions

What is the cost of living in Lockhart, TX?

Lockhart has a cost index of 78 (100 = national average). It is 22% below the national average.

What is average rent in Lockhart, TX?

The median gross rent in Lockhart is $1,161 per month based on 2023 Census data.

What is the average home price in Lockhart?

The median home value in Lockhart is $218,400 according to Zillow and Census data.

What is the median income in Lockhart?

The median household income in Lockhart is $67,252 per year (2023 ACS 5-year estimates).

What is the sales tax in Lockhart, TX?

The combined state and local sales tax rate in Lockhart is 8.2%. Texas has no state income tax.

Is Lockhart, TX affordable?

Yes, Lockhart is generally considered affordable, with a cost of living index of 78 — about 22% below the US national average of 100.

What is the weather like in Lockhart?

Lockhart has average high temperatures of 80.4°F and average lows of 56.5°F. Annual precipitation is 35.6". Average annual snowfall is 0.2". Data from NOAA 1991–2020 Climate Normals.

Lockhart at a Glance

Population
14,708
Median Income
$67,252
Home Value
$218,400
Median Rent
$1,161/mo
Unemployment
1.5%
Avg High Temp
80.4°F
Sales Tax
8.2%
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