ZIP 75216 - 860Z200US75216 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 75216 in Dallas, Texas, for your next home purchase, investment property, or business venture, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing costs, and cultural composition in this area. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions tailored to your goals.

Population & Households

ZIP 75216 is home to a sizable population of 54,556 residents, making it a vibrant and active community. These individuals are distributed across 18,811 households, reflecting a mix of family sizes and living arrangements. With 20,612 total housing units in the area, there’s a notable presence of both occupied and vacant properties, which could signal opportunities for investors or buyers looking for available homes. The ratio of population to households suggests an average household size of about 2.9 people, indicating a community with a blend of families and smaller households.

Income & Housing Costs

The median household income in ZIP 75216 stands at $37,613, which is below the national average but reflects the economic realities of this area. For homebuyers or renters, this income level can influence affordability and purchasing power. On the housing front, the median house value is $138,900, offering a relatively accessible entry point for first-time buyers or investors seeking properties with potential for appreciation. For those considering renting, the median rent is $1,169 per month, which aligns with the income levels and suggests a rental market that could be attractive to landlords or tenants looking for reasonable costs.

Race & Ethnicity

The cultural fabric of ZIP 75216 is diverse, with a racial and ethnic composition that shapes the community’s identity. The population is predominantly Black, accounting for 51.31% of residents, followed closely by Hispanic individuals at 43.89%. White residents make up 3.3% of the population, while Asian residents represent a smaller share at 0.32%. This diversity can be a draw for businesses seeking to serve a varied customer base or for families looking for a culturally rich environment to call home.

Key Facts

• Total population: 54,556 residents, indicating a substantial community presence.
• Total households: 18,811, reflecting a mix of family and individual living arrangements.
• Total housing units: 20,612, with potential availability for buyers or investors.
• Median household income: $37,613, shaping affordability for residents and businesses.
• Median house value: $138,900, an accessible price point for many buyers.
• Median rent: $1,169, offering a balanced rental market for tenants and landlords.
• Racial composition: 51.31% Black, 43.89% Hispanic, 3.3% White, 0.32% Asian, highlighting diversity.

What This Means for You

For homebuyers, ZIP 75216 presents an opportunity to enter the housing market at a median value of $138,900, which is relatively affordable compared to broader Dallas trends. First-time buyers or those on a budget may find this area particularly appealing, though it’s worth considering the median income of $37,613 when planning finances. Real estate investors and agents can explore the gap between total housing units (20,612) and occupied households (18,811), as vacant properties might offer potential for flips or rentals, especially with a median rent of $1,169 that could attract tenants. Small-business owners should note the diverse population of over 54,000, with significant Black and Hispanic representation, suggesting a market for culturally tailored products or services. Analysts can use these metrics to benchmark ZIP 75216 against neighboring areas, identifying trends in affordability or demographic shifts that could impact future growth.

Run This Study Yourself

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