ZIP Code 79343 -- Lorenzo, TX

Crosby | 2024 American Community Survey Data

Key Insights

  • With a price-to-income ratio of 2x, housing here is relatively affordable compared to the recommended 3-5x benchmark.
  • 81.18% of housing units are owner-occupied — indicating a stable, established neighborhood with strong homeownership.

Quick Overview

Population
1,233
Unknown
Median Income
$58,906
Home Value
$119,800
Median Rent
$681
Median Age
43.30
Diversity Index
69.30
High
Cost of Living
48.4
significantly below average
Unemployment
3.8%

About ZIP Code 79343

ZIP code 79343 in Lorenzo, Texas is a unknown area with a population of 1,233. The median household income is $58,906, which is This is 21% below the national median of $75,000.. The median home value is $119,800, representing a price-to-income ratio of 2x . The cost of living is significantly below average with an index of 48.4 (the national average is 100). Residents have a median age of 43.30 years. Approximately 22.0% of adults hold a bachelor's degree or higher. This ZIP code is located in Crosby, TX.

Population & Age

Total Population
1,233
Median Age
43.30
Male Population
589
47.8%
Female Population
644
52.2%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
69.30 High
White
62.4%
Black or African American
5.7%
Hispanic or Latino
47.1%
Asian
0.0%
Native American
0.7%
Pacific Islander
0.0%
Two or More Races
18.5%
Other Race
12.7%

Racial Composition

Income & Economy

Median Household Income
$58,906
Mean Household Income
$72,729
Per Capita Income
$28,118
Below Poverty Line
22.2%

This is 21% below the national median of $75,000.

Income Distribution

Housing

Median Home Value
$119,800
Median Rent
$681
Total Housing Units
572
Occupied Units
473
Vacant Units
99
17.3% vacancy
Median Year Built
1964
Owner Occupied
81.2%
Renter Occupied
18.8%
Price-to-Income Ratio 2x

Affordable housing market

Ownership vs Rental

Owner 81.2% Renter 18.8%

Education

High School Diploma or Higher 79.2%
Bachelor's Degree or Higher 22.0%
Graduate or Professional Degree 1.5%

Employment & Commuting

Civilian Labor Force
653
Employment Rate
96.2%
Unemployment Rate
3.8%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
85.3%
Carpool
11.4%
Public Transit
0.0%
Work from Home
2.8%

Cost of Living Index

48.4
significantly below average

The cost of living in ZIP code 79343 is 51.6% below the national average of 100.

0 National Avg (100) 200

Compare 79343 with:

Compare 79343 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Crosby

ZIP Code City Population Median Income
79322 Crosbyton 1,983 $48,750
79357 Cone 1,810 $57,993

Frequently Asked Questions about ZIP Code 79343

ZIP code 79343 (Lorenzo, TX) has a total population of 1,233 according to the 2024 American Community Survey. The median age is 43.30 years.

The median household income in ZIP code 79343 is $58,906 per year, based on 2024 Census Bureau data. This is 21% below the national median of $75,000.

ZIP code 79343 is primarily located in Lorenzo, Texas (TX). It falls within Crosby County.

The median home value in ZIP code 79343 is $119,800, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $681.

The median age in ZIP code 79343 is 43.30 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 79343 has a cost of living index of 48.37 (national average = 100). This means the cost of living is significantly below average compared to the national average.

In ZIP code 79343, 22.01% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 1.47% hold a graduate or professional degree.

The unemployment rate in ZIP code 79343 is 3.83%, which is above the national average of 3.6%. About 2.81% of workers work from home.

Explore More

Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.