Lipscomb is located in north Texas. Lipscomb is part of Lipscomb County. Lipscomb has 3.75 square miles of land area and has no water area. As of 2010-2014, the total Lipscomb population is 29, which has shrunk 34.09% since 2000. The population growth rate is much lower than the state average rate of 25.13% and is much lower than the national average rate of 11.61%. Lipscomb median household income is $46,250 in 2010-2014 and has grown by 19.35% since 2000. The income growth rate is much lower than the state average rate of 31.68% and is lower than the national average rate of 27.36%. Lipscomb median house value is $63,300 in 2010-2014 and has grown by 117.53% since 2000. The house value growth rate is much higher than the state average rate of 59.27% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Lipscomb is worse than the state average in quality. The Lipscomb area code is 806.