ZIP 72903 - 860Z200US72903 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 72903 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a blend of residential stability and economic potential. In this detailed snapshot, we dive into the 2023 data for ZIP 72903, covering population, household income, housing values, and racial composition. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions.

Population & Households

As of 2023, ZIP 72903 is home to a population of 26,318 residents. This sizable community is distributed across 11,253 households, indicating a mix of family and individual living arrangements. With 12,079 total housing units in the area, there’s a modest buffer of available properties, which could signal opportunities for buyers or investors looking to enter the market. The ratio of households to population suggests an average household size of roughly 2.3 people, pointing to a community that likely includes a blend of families, couples, and solo dwellers.

Income & Housing Costs

Financial metrics are a critical piece of the puzzle when evaluating ZIP 72903. The median household income here stands at $60,186, reflecting a moderate earning capacity that can support a comfortable lifestyle for many. On the housing front, the median house value is $216,200, which positions this area as relatively accessible compared to national averages in many urban markets. For renters, the median rent is $804 per month, offering an affordable alternative to homeownership. These figures suggest that ZIP 72903 strikes a balance between affordability and value, making it an attractive option for diverse groups.

Race & Ethnicity

The cultural fabric of ZIP 72903 is diverse, with a racial composition that reflects a predominantly white population at 70.55%. Other significant groups include Hispanic residents at 10.48%, Black residents at 8.04%, and Asian residents at 3.08%. This mix indicates a community with varied perspectives and backgrounds, which can enrich the social environment and appeal to businesses aiming to serve a broad customer base. For investors and business owners, this diversity may also translate into opportunities for niche markets or culturally tailored services.

Key Facts

• Total population in ZIP 72903: 26,318 residents as of 2023.
• Total households: 11,253, with an average household size of about 2.3 people.
• Total housing units: 12,079, suggesting some availability for new occupants.
• Median household income: $60,186, indicating moderate economic stability.
• Median house value: $216,200, a competitive price point for buyers.
• Median rent: $804, an affordable option for renters.
• Racial composition: 70.55% White, 10.48% Hispanic, 8.04% Black, 3.08% Asian.

What This Means for You

For homebuyers, ZIP 72903 offers a promising mix of affordability and value with a median house price of $216,200. This price point, paired with a median income of $60,186, suggests that many households can realistically achieve homeownership here. Investors and real estate agents will note the slight surplus of housing units (12,079 total units versus 11,253 households), which could indicate room for rental or flip opportunities, especially with a reasonable median rent of $804. Small-business owners can leverage the area’s diversity—evidenced by a varied racial composition—to target specific customer segments or build inclusive offerings. Analysts will find the population size of 26,318 and moderate income levels useful for forecasting market trends or assessing demand for goods and services. Across all groups, ZIP 72903 presents a stable, accessible community with potential for growth.

Run This Study Yourself

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