Lovelady, TX

Census Place

2024 Population

490

US Senator

John Cornyn

Republican Party

US Senator

Ted Cruz

Republican Party

2024 Median Age

45.6

9.16% 1-year decrease

2024 Poverty Rate

6.53%

32.5% 1-year decrease

2024 Median Household Income

$47,500

11.8% 1-year growth

2024 Median Property Value

$126,800

17.3% 1-year decline

Economy

The economy of Lovelady, TX employs 242 people. In 2024, the largest industries in Lovelady, TX were Accommodation & Food Services (53 people), Health Care & Social Assistance (53 people), and Public Administration (49 people), and the highest paying industries were Educational Services ($75,000), Public Administration ($44,375), and Educational Services, & Health Care & Social Assistance ($25,208).

Employment

Occupations

242

2024 Value

± 128

45.8%

1 Year growth

± 58.4%

From 2023 to 2024, employment in Lovelady, TX grew at a rate of 45.8%, from 166 employees to 242 employees.

The most common job groups, by number of people living in Lovelady, TX, are Food Preparation & Serving Related Occupations (71 people), Construction & Extraction Occupations (33 people), and Transportation Occupations (26 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lovelady, TX.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Texas.

This chart shows weekly unemployment insurance claims in Texas (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

242

2024 Value

± 128

45.8%

1 Year growth

± 58.4%

From 2023 to 2024, employment in Lovelady, TX grew at a rate of 45.8%, from 166 employees to 242 employees.

The most common employment sectors for those who live in Lovelady, TX, are Accommodation & Food Services (53 people), Health Care & Social Assistance (53 people), and Public Administration (49 people). This chart shows the share breakdown of the primary industries for residents of Lovelady, TX, though some of these residents may live in Lovelady, TX and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$50,843

Median earning men ± $2,754

$32,614

Median earning women ± $29,489

The industries with the best median earnings for men in 2024 are Public Administration ($50,341).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($26,667) and Public Administration ($2,499).

Housing & Living

The median property value in Lovelady, TX was $126,800 in 2024, which is 0.381 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $153,400 to $126,800, a 17.3% decrease. The homeownership rate in Lovelady, TX is 82.2%, which is higher than the national average of 65.2%.

People in Lovelady, TX have an average commute time of 60.7 minutes, and they drove alone to work. Car ownership in Lovelady, TX is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$126,800

Median Property Value 2024

±$99,430

$171

Median Property Taxes

±$82

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Lovelady, TX the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Lovelady, TX compared to it's parent and neighbor geographies.

Rent vs Own

82.2%

Homeownership

2024

49.1%

Homeowners with Mortgage

2024

In 2024, 82.2% of the housing units in Lovelady, TX were occupied by their owner. This percentage grew from the previous year's rate of 77.5%.

This chart shows the percentage of owner in Lovelady, TX compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$47,500

Median Household Income

± $34,239

208

Number of Households

± 85

In 2024, the median household income of the 208 households in Lovelady, TX grew to $47,500 from the previous year's value of $42,500.

The following chart displays the households in Lovelady, TX distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $125k - $150k range.

Wage Distribution

The closest comparable wage GINI for Lovelady, TX is from Texas.

0.475

2024 Wage GINI in Texas

0.475

2023 Wage GINI in Texas

In 2024, the income inequality in Texas was 0.475 according to the GINI calculation of the wage distribution. Income inequality had a 0.0391% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Texas was higher than than the national average of 0.474. In other words, wages are distributed less evenly in Texas in comparison to the national average.

This chart shows the number of workers in Texas across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (90.5%)
Carpooled (9.5%)

In 2024, 90.5% of workers in Lovelady, TX drove alone to work, followed by those who carpooled to work (9.5%) and those who used public transit to get to work (0%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

60.7 minutes

Average Travel Time

Using averages, employees in Lovelady, TX have a longer commute time (60.7 minutes) than the normal US worker (26.4 minutes). Additionally, 24% of the workforce in Lovelady, TX have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Lovelady, TX compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Lovelady, TX distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Lovelady, TX have 2 cars.

Poverty

Poverty & Diversity

6.53% of the population for whom poverty status is determined in Lovelady, TX (32 out of 490 people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 35 - 44, followed by Females 16 - 17 and then Males 12 - 14.

The most common racial or ethnic group living below the poverty line in Lovelady, TX is White, followed by Two Or More and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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