ZIP 75074 - 860Z200US75074 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 75074, located in the Plano area of Texas, this demographic and housing snapshot offers a clear picture of the community in 2023. With a diverse population, solid income levels, and a dynamic housing market, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living or working in 75074.

Population & Households

ZIP 75074 is home to a vibrant community of 53,146 residents as of 2023. This sizable population supports a range of local businesses and contributes to a lively neighborhood atmosphere. The area comprises 18,653 households, indicating a strong residential base. With 19,362 total housing units, there’s a modest buffer of available properties, which could signal opportunities for buyers or investors looking to enter the market. Whether you're planning to settle down or analyze growth potential, understanding the scale of this community is a critical first step.

Income & Housing Costs

The median household income in ZIP 75074 stands at $84,185, reflecting a financially stable community with disposable income to support local businesses and services. Housing costs align with this income level, with a median house value of $347,300. This price point suggests a market that’s accessible to middle-income buyers while offering room for appreciation—key for investors. For renters, the median rent is $1,678 per month, indicating a competitive rental market that could appeal to landlords or those seeking temporary housing. These figures provide a balanced view of affordability and investment potential in 75074.

Race & Ethnicity

ZIP 75074 boasts a richly diverse population, which shapes its cultural landscape and community dynamics. The racial and ethnic composition in 2023 breaks down as follows: 36.45% White, 10.56% Black, 13.22% Asian, and 36.32% Hispanic. This near-even split between White and Hispanic residents, alongside significant Asian and Black populations, creates a multicultural environment. For businesses, this diversity offers a broad customer base with varied needs and preferences. For families and individuals, it means a welcoming community with a blend of perspectives and traditions.

Key Facts

• Total population in ZIP 75074: 53,146 residents in 2023.
• Total households: 18,653, supporting a robust residential community.
• Total housing units: 19,362, with some availability for new occupants.
• Median household income: $84,185, indicating financial stability.
• Median house value: $347,300, a competitive price for the region.
• Median rent: $1,678, reflecting a strong rental market.
• Diverse demographics: 36.45% White, 36.32% Hispanic, 13.22% Asian, 10.56% Black.

What This Means for You

For homebuyers, ZIP 75074 offers a promising mix of affordability and value. With a median house price of $347,300 and a stable community of over 53,000 residents, you’re investing in a neighborhood with growth potential and cultural richness. The diversity here ensures a vibrant social fabric, ideal for families or individuals seeking an inclusive place to call home.

For investors and real estate agents, the numbers point to opportunity. A median income of $84,185 suggests residents can support rental or purchase demand, while the slight surplus of housing units (19,362 vs. 18,653 households) hints at room for deals. The rental market, with a median rent of $1,678, also looks attractive for landlord investments.

For small-business owners, the diverse population of 75074 is a goldmine. With nearly equal representation of White and Hispanic residents, plus significant Asian and Black communities, you can tailor products or services to a wide audience. The solid median income further ensures spending power for local goods and services.

For analysts, these metrics provide a foundation for deeper market studies. The balance of income, housing costs, and diversity in 75074 could signal trends worth exploring in adjacent ZIP codes or over time.

Run This Study Yourself

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