ZIP 75248 - 860Z200US75248 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP code 75248, located in the Dallas, Texas area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 37,000 and a robust housing market, this area presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the latest data to help you make informed decisions about living, working, or investing in 75248.

Population & Households

The total population of ZIP 75248 stands at 37,644, spread across 16,917 households. This indicates a community of moderate density, with an average household size of roughly 2.2 people. Whether you’re a family looking for a new home or a business owner assessing your potential customer base, this population size suggests a stable, mid-sized market with room for engagement. The number of households also reflects a significant demand for housing, which we’ll explore further in the next section.

Income & Housing Costs

One of the standout metrics for ZIP 75248 is its median household income of $103,063. This figure points to a relatively affluent community, which could translate to stronger purchasing power for local businesses and a competitive real estate market for buyers and investors. On the housing front, the median house value is $543,000, reflecting a high-end market that may appeal to those seeking long-term value or premium properties. For renters, the median rent is $1,602 per month, which aligns with the area’s income levels but may pose affordability challenges for some. With 18,531 total housing units, there’s a mix of owned and rented properties, offering options for diverse needs.

Race & Ethnicity

The demographic makeup of ZIP 75248 is diverse, providing a cultural richness that can benefit businesses and residents alike. The racial composition includes 63.53% White, 10.88% Black, 4.3% Asian, and 16.06% Hispanic residents. This blend suggests a community where inclusivity and varied perspectives are part of daily life, which could be a draw for families seeking a welcoming environment or businesses aiming to cater to a broad audience. Understanding this diversity can help tailor real estate strategies or marketing efforts to resonate with local residents.

Key Facts

• Total population: 37,644, offering a mid-sized market for businesses and investors.
• Total households: 16,917, indicating strong housing demand in ZIP 75248.
• Median household income: $103,063, reflecting a financially stable community.
• Median house value: $543,000, positioning this as a premium real estate market.
• Median rent: $1,602, suggesting a competitive rental landscape.
• Racial diversity: 63.53% White, 10.88% Black, 4.3% Asian, 16.06% Hispanic.
• Total housing units: 18,531, providing a mix of ownership and rental opportunities.

What This Means for You

For homebuyers, ZIP 75248 offers a high-value housing market with a median home price of $543,000. This suggests a stable investment, but it’s important to factor in the cost of living and ensure your budget aligns with the area’s income levels. The diversity and population size also point to a vibrant community, ideal for families or individuals seeking connection.

For investors and real estate agents, the combination of high median income and home values signals potential for strong returns, especially in property appreciation. However, with a median rent of $1,602, rental properties may need to be strategically priced to attract tenants in a competitive market.

For small-business owners, the affluent demographic and diverse population of 37,644 provide a promising customer base. Tailoring products or services to meet the needs of this income bracket and cultural mix could drive success, whether you’re opening a retail store, restaurant, or service-based business.

For analysts, these metrics offer a foundation for deeper research into market trends, housing affordability, and economic growth in 75248. The data highlights opportunities for targeted studies on income disparity or housing supply dynamics.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 75248? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Input any ZIP code to access up-to-date metrics tailored to your needs, whether you’re buying, investing, or planning a business.
• Use the insights to compare areas, identify trends, and make data-driven decisions with confidence.