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Follett, Texas

city · Lipscomb County

At a glance

305
Population
$97,500
Median home value (all homes)
68% below U.S. median
$88,177
Typical market value
Zillow, 2026-07
$88,438
Median household income
13% above U.S. median
23.7 min
Average commute
92.1%
Homes with broadband
0.53%
Locations with fiber available
0.7%
Unemployment

Cost of living (Clay Affordability Index)

CAI 80 — 20% below the national average. how it's computed

Housing50% below
Goods & services5% below
Utilities21% above
Taxes57% below
Insurance25% above
Commute cost22% below
For business: Texas is CBII band 3/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college84 mi
Nearest community college61 mi
Nearest technical college40 mi
High school graduates93%
College graduates21.6%

Doing business here

Economic development contacts, most local first:

state Office of the Governor (Texas)
Texas Economic Development Corporation (TxEDC) markets Texas as the premier destination for business and provides information to help businesses explore opportunities in Texas. It supports the Governor’s Office of Economic Development and Tourism in promoting Texas as a premier destination for business.
state Texas Economic Development
The Texas Economic Development & Tourism Office offers resources for Texas businesses, communities and residents, as well as those looking to do business in Texas. Our office publishes in-depth reports on the economy of Texas and the state’s targeted growth industries. We also offer a number of events throughout the year, covering a wide range of business-related topics—everything from getting started in the state to growing your business internationally.
State sales taxYes
State income taxNone
Right-to-work stateYes

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