ZIP 75503 - 860Z200US75503 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 75503, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a blend of residential stability and economic potential. With a population of over 27,000 and a median household income of $67,733, ZIP 75503 presents a promising profile for homebuyers, real estate investors, small-business owners, and analysts. This article breaks down the key metrics for 2023, providing a clear snapshot to help you make informed decisions.

Population & Households

ZIP 75503 is home to 27,207 residents, making it a moderately sized community with a strong residential base. These individuals are distributed across 10,605 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 11,464, indicating some availability for new residents or investors looking to enter the market. This balance of population and housing suggests a stable area with room for growth, ideal for those seeking a community that’s neither overcrowded nor underpopulated.

Income & Housing Costs

The median household income in ZIP 75503 is $67,733, positioning it as a middle-to-upper income area with solid earning potential. For homebuyers and investors, the median house value of $214,400 offers a reasonable entry point compared to many urban markets, while still promising value appreciation over time. Renters, on the other hand, face a median rent of $1,185 per month, which aligns with the income levels and suggests a sustainable rental market for landlords or business owners catering to tenants. These figures highlight ZIP 75503 as a financially accessible yet rewarding location for various stakeholders.

Race & Ethnicity

The demographic makeup of ZIP 75503 reflects a diverse community, which can be a draw for those valuing cultural variety. The racial composition includes 62.88% White, 22.72% Black, 2.9% Asian, and 7.25% Hispanic residents. This diversity fosters a rich social fabric, offering opportunities for businesses to cater to varied customer needs and for families to find a welcoming environment. Understanding this breakdown can help investors and entrepreneurs tailor their strategies to the local population’s preferences and cultural nuances.

Key Facts

• Total population: 27,207 residents, providing a substantial market for businesses and services.
• Total households: 10,605, indicating a strong base of potential customers or tenants.
• Total housing units: 11,464, suggesting availability for new residents or investment properties.
• Median household income: $67,733, reflecting a financially stable community.
• Median house value: $214,400, an attractive price point for buyers and investors.
• Median rent: $1,185, supporting a viable rental market for property owners.
• Racial diversity: Predominantly White (62.88%), with significant Black (22.72%) and Hispanic (7.25%) populations.

What This Means for You

For homebuyers, ZIP 75503 offers a balanced market with median home values at $214,400, making it an accessible option for families or individuals looking to settle in a diverse and stable community. The median income of $67,733 suggests neighbors with solid financial footing, which can contribute to neighborhood stability and growth. Investors and real estate agents will find opportunity in the 11,464 housing units, with some vacancy indicating potential for property flips or rentals at a median rent of $1,185. Small-business owners can leverage the population of 27,207 and the area’s diversity to target a wide customer base, especially in sectors like retail, food, or services that cater to varied cultural tastes. Analysts can use these metrics to benchmark ZIP 75503 against nearby areas, identifying trends in housing demand or economic shifts. Whether you’re buying, investing, or starting a business, this data provides a foundation for smart planning.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 75503? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to compare locations, identify opportunities, and make data-driven decisions for your next move or investment.