ZIP Code 75238 — Demographics & Housing Data 2023

Overview

If you’re considering ZIP code 75238 in Dallas, Texas, as a place to live, invest, or start a business, 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 diversity in this area. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about opportunities in 75238.

Population & Households

ZIP code 75238 is home to a population of 33,439 residents, making it a moderately sized community within the Dallas metro area. These individuals are distributed across 13,265 households, reflecting a mix of family and individual living arrangements. With 14,332 total housing units in the area, there’s a slight surplus of units over households, which could indicate some availability for new residents or investors looking to enter the market. This balance suggests a stable residential environment with potential for growth or turnover.

Income & Housing Costs

The median household income in ZIP 75238 stands at $75,498, positioning it as a middle-to-upper income area compared to national averages. This income level supports a robust local economy, which can be attractive for businesses targeting a financially stable customer base. On the housing front, the median home value is $526,100, reflecting a strong real estate market that may appeal to investors seeking appreciation potential. For renters, the median rent is $1,269 per month, offering a more accessible entry point for those not ready to buy. These figures highlight a community with significant purchasing power but also a range of housing options to suit different budgets.

Race & Ethnicity

ZIP 75238 boasts a diverse population, which adds to its cultural richness and appeal for a wide range of residents and businesses. The racial and ethnic composition breaks down as follows: 50.33% White, 18.08% Black, 3.92% Asian, and 23.19% Hispanic. This diversity suggests a vibrant community where different perspectives and backgrounds converge, creating opportunities for culturally tailored businesses and inclusive community initiatives. For investors and business owners, this mix can translate into a broad customer base with varied needs and preferences.

Key Facts

• Total population: 33,439 residents, offering a sizable community for engagement.
• Total households: 13,265, indicating a strong base of local consumers.
• Total housing units: 14,332, suggesting some availability for new occupants or investment properties.
• Median household income: $75,498, reflecting a financially stable population.
• Median home value: $526,100, pointing to a high-value real estate market.
• Median rent: $1,269, providing an affordable alternative to buying in the area.
• Diverse demographics: 50.33% White, 18.08% Black, 3.92% Asian, 23.19% Hispanic, fostering a multicultural environment.

What This Means for You

For homebuyers, ZIP 75238 offers a chance to join a diverse and financially stable community, though the median home value of $526,100 suggests you’ll need a solid budget or financing plan to enter the market. The rental market, with a median rent of $1,269, provides a more affordable option for those testing the waters or seeking flexibility. Real estate investors and agents will find the high home values and slight surplus of housing units (14,332 units vs. 13,265 households) indicative of potential opportunities for flips, rentals, or long-term holds, especially given the area’s income stability. Small-business owners can leverage the diverse population of 33,439 and median income of $75,498 to target a wide range of customers with disposable income, particularly in sectors like retail, dining, or services that cater to varied cultural tastes. Analysts can use these metrics to benchmark 75238 against other ZIP codes for market studies or investment portfolios, focusing on the balance of income, housing costs, and demographic diversity as key drivers.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 75238? Start by visiting ZipcodeGPT to access powerful demographic and housing analysis tools.
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