ZIP 75038 - 860Z200US75038 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 75038, located in the heart of Irving, Texas, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 33,000 and a diverse cultural makeup, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, we’ll break down key metrics on population, income, housing, and ethnicity to help you make informed decisions.

Population & Households

ZIP 75038 is home to 33,097 residents, making it a moderately sized community with a vibrant mix of individuals and families. These residents are distributed across 14,161 households, reflecting a dynamic area with a strong residential base. The total number of housing units stands at 15,385, indicating a slight surplus of available homes or apartments compared to occupied households. This could suggest opportunities for renters or buyers looking to settle in the area, as well as potential inventory for investors to consider.

Income & Housing Costs

The median household income in ZIP 75038 is $69,013, which positions the area as a middle-income community with reasonable earning potential. This income level supports a housing market where the median home value is $391,900—a figure that reflects a competitive yet accessible market for many buyers. For renters, the median rent is $1,467 per month, which aligns with the income levels but may require careful budgeting for some households. These financial metrics suggest that while homeownership is within reach for many, affordability remains a key consideration for prospective residents and investors alike.

Race & Ethnicity

One of the standout features of ZIP 75038 is its diverse population, which enriches the community’s cultural fabric. The racial and ethnic composition breaks down as follows: Black residents make up the largest group at 33.12%, followed by Asian residents at 27.41%, Hispanic or Latino residents at 20.61%, and White residents at 16.03%. This diversity creates a multicultural environment that can appeal to a wide range of individuals and businesses looking for an inclusive community to call home or establish roots.

Key Facts

• Total population: 33,097 residents, offering a sizable community for engagement.
• Total households: 14,161, indicating a strong residential presence.
• Total housing units: 15,385, suggesting potential availability for new residents or investors.
• Median household income: $69,013, reflecting a stable economic base.
• Median home value: $391,900, competitive for the region.
• Median rent: $1,467, a key figure for renters and landlords to note.
• Diverse demographics: Black (33.12%), Asian (27.41%), Hispanic (20.61%), White (16.03%).

What This Means for You

For homebuyers, ZIP 75038 offers a diverse and welcoming community with home values around $391,900, which may be attractive if you’re seeking a balance of affordability and quality. The slight surplus of housing units (15,385 vs. 14,161 households) could mean less competition in certain segments of the market, though working with a local agent to navigate pricing trends is advisable.

For investors and real estate agents, the combination of a stable median income ($69,013) and a median rent of $1,467 points to a rental market with potential for steady returns, especially given the area’s diversity and population size. The excess housing units may also signal opportunities for flipping or long-term rental investments.

For small-business owners, the multicultural makeup of ZIP 75038 is a significant asset. Tailoring products or services to a diverse customer base—whether through culturally relevant offerings or multilingual marketing—could help you stand out in this community of over 33,000 potential customers.

For analysts, the data highlights a balanced socioeconomic profile with room for growth. The income and housing cost metrics, paired with demographic diversity, provide a foundation for deeper studies into market trends or community needs.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 75038? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, income, and housing insights tailored to your needs.
• Use the detailed reports to inform your next move, investment, or business strategy with confidence.