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The total population of Lavon is estimated to be 4,939 with 2,369 males (47.97%) and 2,570 females (52.03%). There are 201 more females than males in Lavon.
The median household income in Lavon was $108,863 in 2021, which marked an an increase of 891(0.83%) from $107,972 in 2020. This income is 145.92% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lavon sees its highest median household income among householders in the age group of 45 to 64 years old, at $144,065. Overall, the median household income for the city of Lavon stands at $108,863.
In Lavon, the median income for all workers aged 15 years and older, regardless of work hours, was $59,052 for males and $42,926 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $67,277 for males and $52,888 for females.
In Lavon, there are just two different racial groups among households. Among these, White households report a median household income of $114,036, while Black or African American households have a median household income of $79,717.
In 2022, the population of Lavon was 6,517, a 22.16% increase year-by-year from 2021. Previously, in 2021, Lavon's population was 5,335, an increase of 17.64% compared to a population of 4,535 in 2020.
The median age in Lavon, TX is 34.0, as per 2021 ACS 5-Year Estimates. Of the total population, 23.48% were under the age of 15, 20.74% aged 15 to 29, 48.80% aged 30 to 64, 6.98% aged 65 to 84, and 0.00% were 85 years of age and older.
Racial distribution of Lavon population: 77.24% are White, 9.52% are Black or African American, 0.27% are American Indian and Alaska Native, 2.13% are Asian, 2.29% are some other race and 8.54% are multiracial.