What is the median household income in Lake Worth, TX?
The median household income in Lake Worth, TX is $81,910 (±$13,757) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,508 a month would take about $60,300 a year at the common guideline of spending no more than 30% of income on rent.
In Lake Worth, the median household income went from $60,213 in 2015–2019 to $81,910 in 2020–2024 (+36.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $81,910 (±$13,757)
- Median renter income
- $64,509 (±$17,778)
- Income to afford median rent
- about $60,300
Income in Lake Worth against Tarrant County, its state and the nation
| Lake Worth | Tarrant County | Texas | United States | |
|---|---|---|---|---|
| Median household income | $81,910 (±$13,757) | $84,207 (±$832) | $78,476 (±$263) | $80,734 |
| Median renter household income | $64,509 (±$17,778) | $56,894 (±$1,106) | $53,222 (±$285) | $52,966 |
| Median owner household income | $102,344 (±$35,722) | $111,941 (±$1,117) | $100,555 (±$369) | $100,009 |
| Median gross rent | $1,508 (±$440) | $1,547 (±$11) | $1,403 (±$4) | $1,413 |
In Lake Worth, median household income is not measurably different from Tarrant County ($84,207).
It is not measurably different from Texas ($78,476).
It is not measurably different from the national figure ($80,734).
In Tarrant County, Lake Worth ranks 24 of 38 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 405 of 1,374.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Lake Worth
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,508 a month ($18,096 a year) needs an income of about $60,300 a year.
The median renting household in Lake Worth earns $64,509 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $60,213 (±$3,811) | $81,910 (±$13,757) | +36.0% | No measurable change after inflation |
| Median gross rent | $1,035 (±$129) | $1,508 (±$440) | +45.7% | No measurable change after inflation |
| Median home value | $114,600 (±$10,404) | $236,700 (±$26,907) | +106.5% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Lake Worth
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Lake Worth | — | $81,910 (±$13,757) | — |
| Sansom Park | 1.8 mi | $42,257 (±$16,562) | Lower |
| Lakeside (Tarrant County) | 2.9 mi | $112,321 (±$22,991) | Higher |
| River Oaks | 3.1 mi | $63,500 (±$8,595) | Lower |
| Westworth Village | 3.6 mi | $86,429 (±$20,802) | Not measurably different |
| White Settlement | 4.4 mi | $56,784 (±$3,345) | Lower |
| Westover Hills | 4.9 mi | $250,000 or more | — |
| Fort Worth | 5.2 mi | $79,507 (±$966) | Not measurably different |
| Saginaw | 5.3 mi | $97,276 (±$7,343) | Not measurably different |
Nearby places with a measurably lower figure: Sansom Park, TX ($42,257), River Oaks, TX ($63,500), White Settlement, TX ($56,784).
Nearby places with a measurably higher figure: Lakeside (Tarrant County), TX ($112,321).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Tarrant County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 18 | Watauga | $91,171 (±$8,236) |
| 19 | Westworth Village | $86,429 (±$20,802) |
| 20 | Benbrook | $86,292 (±$6,502) |
| 21 | Edgecliff Village | $85,242 (±$10,990) |
| 22 | Bedford | $83,971 (±$3,905) |
| 23 | Euless | $82,167 (±$3,537) |
| 24 | Lake Worth | $81,910 (±$13,757) |
| 25 | Fort Worth | $79,507 (±$966) |
| 26 | Arlington | $75,171 (±$1,543) |
| 27 | Hurst | $72,210 (±$5,953) |
| 28 | Pantego | $71,293 (±$19,583) |
| 29 | Pelican Bay | $70,789 (±$23,369) |
| 30 | Azle | $68,514 (±$11,030) |
Showing 13 of 38 places in Tarrant County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake Worth
What is the median household income in Lake Worth?
The median household income in Lake Worth is $81,910 (±$13,757) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Lake Worth?
About $60,300 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,508 a month.
Have incomes in Lake Worth kept up with inflation?
In Lake Worth, the median household income went from $60,213 in 2015–2019 to $81,910 in 2020–2024 (+36.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Lake Worth?
The median renting household in Lake Worth, TX earns $64,509 (±$17,778) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lake Worth city, Texas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake Worth city, Texas
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Worth city, Texas
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lake Worth city, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Worth city, Texas
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake Worth city, Texas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lake Worth city, Texas (place:41056, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Lake Worth
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- Home values in Lake Worth
- Homeowner costs in Lake Worth
- Property taxes in Lake Worth
- Types of homes in Lake Worth
- Bedrooms in Lake Worth
- Age of homes in Lake Worth
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- Crime reported to police in Lake Worth
- Population growth in Lake Worth
- Texas landlord and tenant rules
- Housing across Tarrant County
- Texas places ranked by median household income
- Housing data for every place in Texas