ZIP 75043 - 860Z200US75043 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 75043, located in the Garland area of Texas, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ll break down key metrics like population, income, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights provide a foundation for understanding the dynamics of ZIP 75043.

Population & Households

ZIP 75043 is home to a substantial population of 63,733 residents, making it a vibrant and active community. This area supports 21,955 households, reflecting a mix of family structures and living arrangements. With 23,439 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking for opportunities. The average household size here suggests a community with a blend of families and individuals, offering a diverse social fabric for newcomers.

Income & Housing Costs

The median household income in ZIP 75043 stands at $75,454, positioning it as a middle-income area with reasonable earning potential for residents. This income level supports a comfortable lifestyle for many, while also attracting businesses seeking a stable customer base. On the housing front, the median home value is $253,300, which offers a relatively accessible entry point for homebuyers compared to pricier nearby markets. For renters, the median rent is $1,467 per month, reflecting a competitive rental market that may appeal to those not ready to buy. These figures provide a balanced view of affordability and investment potential in the area.

Race & Ethnicity

ZIP 75043 boasts a richly diverse population, with a racial and ethnic composition that reflects a multicultural community. Hispanics make up the largest group at 36.51%, followed by White residents at 29.58%, Black residents at 21.37%, and Asian residents at 7.53%. This diversity creates a dynamic cultural environment, which can be a draw for families seeking inclusive neighborhoods, businesses catering to varied demographics, and investors looking for broad market appeal. The blend of backgrounds in ZIP 75043 fosters a unique community identity worth exploring.

Key Facts

• Total population: 63,733 residents, indicating a sizable and active community.
• Total households: 21,955, supporting a mix of family and individual living arrangements.
• Total housing units: 23,439, suggesting potential availability for new occupants or investors.
• Median household income: $75,454, reflecting a solid middle-income earning base.
• Median home value: $253,300, offering a competitive price point for buyers.
• Median rent: $1,467, indicating a strong rental market for tenants and landlords.
• Racial diversity: Hispanic (36.51%), White (29.58%), Black (21.37%), Asian (7.53%), creating a multicultural environment.

What This Means for You

For homebuyers, ZIP 75043 presents an opportunity to enter a market with a median home value of $253,300, which is approachable for many budgets, especially with a median household income of $75,454 supporting mortgage affordability. The area’s diversity and population size also mean access to varied amenities and a strong sense of community. Real estate investors and agents will find potential in the slight surplus of housing units (23,439 total units versus 21,955 households), which could signal room for rental or flip opportunities, especially with a median rent of $1,467 attracting tenants. Small-business owners can leverage the diverse demographic makeup and solid income levels to target a wide customer base, whether opening a retail shop, restaurant, or service-based business. Analysts can use these metrics to benchmark ZIP 75043 against neighboring areas, identifying trends in housing demand or economic growth. This data equips all stakeholders with actionable insights tailored to their goals.

Run This Study Yourself

• Curious about diving deeper into ZIP 75043 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Input any ZIP code to access up-to-date population, housing, and income metrics tailored to your needs.
• Use the insights to inform your next home purchase, investment decision, or business strategy with confidence.