Slaton, Texas.
Typical home $143,269 (+8.0% in a year), asking rent $659 . Lubbock, TX metro.
to buy the typical home at today's mortgage rate — +$409 (+119%) since Jan 2020.
- 1 year
- Up $10,591 +8%
- $132,678$143,269 since Sep 2025
- 5 years
- Up $21,969 +18%
- $121,300$143,269 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Slaton$752
- Texas$1,556
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 21 years.
Typical home values in Slaton, TX rose 8.0% over the past year — faster than the nation's +1.2%.
Living in Slaton, Lubbock County, Texas
Slaton is a city of 5,858 people in Lubbock County. Half its households earn more than $56,676 a year and half less, against $64,155 across Lubbock County; 16% of its people live below the poverty line. 79% of its homes are lived in by their owners and 21% are rented. Unemployment in Lubbock County was 3.9% in August 2026, and the county had 1.1% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Slaton is a small city in Lubbock County, and most homes here are lived in by their owners, more than is typical across the country. Incomes run below the county's, and a good share of residents live below the poverty line. Few adults hold a four-year degree, and typical home values are modest. Winters are cool and summers are hot, with fairly little rain and melted snow over the course of a year.
Work. Residents work mostly in schools, hospitals and social care, followed by shops, then transport, warehouses and utilities, and restaurants, hotels and entertainment. The largest workplaces in Slaton include Slaton ISD, Slaton Care Center and WesTex Cooperative Gin - Slaton. Unemployment across Lubbock County is unchanged from a year earlier, and the county has added a few more jobs. Commutes are fairly short, and very few people work from home.
Things to do. The best known nearby place is the Buddy Holly Center, a museum a longer drive away. Also a longer drive away is Joyland Amusement Park, and the American Windmill Museum is another museum within the same kind of drive. Most of what is listed nearby lies in or around Lubbock, so outings are usually a day trip rather than a short hop.
Report a mistake
- 2,065households
- 9%of adults have a degree
- 16%below the poverty line
- 21 mintypical commute
- 5%work from home
What residents work in
Employed residents by industry, from the Census survey. Lubbock County had 153,482 jobs in 2025, 1.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 55° and lows near 30°; warmest in July, with highs near 93° and lows near 70°. About 19 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Lubbock Weather Office weather station, 14 miles away (NOAA).
Largest workplaces in Slaton
- Slaton ISDSchool district269FTE
- Slaton Care CenterNursing homes58
- WesTex Cooperative Gin - SlatonCotton ginning21
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 2 workplaces with 20 or more staff, 79 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailVery high
- Strong windVery high
- Winter weatherRelatively high
- TornadoesRelatively high
- Cold wavesRelatively high
- DroughtRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Slaton’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Lubbock County and the Lubbock, TX metro.
Slaton home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Slaton$143,269
- Texas$296,424
- United States$366,157
Sellers are cutting prices on about 1 in 4 Slaton listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Slaton22.32%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Slaton33
New listings per month
Sellers arriving at the market.
- Slaton7
Zip codes with a Slaton address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Slaton — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.