ZIP 75662 - 860Z200US75662 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 75662, located in the heart of Texas, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, offers a clear view 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 will help you make informed decisions about living or working in ZIP 75662.

Population & Households

ZIP 75662 is home to a population of 24,570 residents, making it a moderately sized community with a mix of urban and suburban characteristics. These individuals are distributed across 8,225 households, reflecting a variety of family structures and living arrangements. With 9,474 total housing units in the area, there’s a notable presence of both occupied and vacant properties, which could signal opportunities for buyers or investors looking to enter the market.

Income & Housing Costs

The median household income in ZIP 75662 stands at $65,926, indicating a solid economic base for many residents. This income level supports a range of lifestyles and purchasing power, which is particularly relevant for small-business owners assessing local consumer potential. On the housing front, the median home value is $165,700, offering a relatively affordable entry point compared to many Texas markets. For renters, the median rent is $1,051 per month, providing a cost-effective alternative to homeownership. These figures suggest a balanced housing market that caters to diverse financial situations.

Race & Ethnicity

The cultural fabric of ZIP 75662 is diverse, reflecting a blend of backgrounds that enrich the community. The racial composition includes 59.06% White, 11.25% Black, 0.57% Asian, and 23.47% Hispanic residents. This diversity creates a vibrant local culture, which can be a draw for families seeking an inclusive environment or businesses aiming to serve a varied customer base. Understanding this demographic mix is key for anyone looking to connect with or invest in this area.

Key Facts

• Total population: 24,570 residents in ZIP 75662.
• Total households: 8,225, supporting a range of family and individual living arrangements.
• Total housing units: 9,474, with potential availability for new residents or investors.
• Median household income: $65,926, reflecting a stable economic foundation.
• Median home value: $165,700, an accessible price point for many buyers.
• Median rent: $1,051, offering affordable rental options.
• Diverse community: 59.06% White, 23.47% Hispanic, 11.25% Black, and 0.57% Asian.

What This Means for You

For homebuyers, ZIP 75662 presents an attractive opportunity with median home values at $165,700, which could fit within many budgets while offering a diverse and welcoming community to call home. Real estate investors and agents will note the spread between total housing units (9,474) and occupied households (8,225), suggesting potential for rental properties or flips in a market with steady demand. Small-business owners can leverage the median household income of $65,926 and the area’s diversity to tailor products or services to a broad audience, from families to young professionals. Analysts studying regional trends will find the demographic mix and economic indicators useful for forecasting growth or identifying market gaps. Across all groups, the data points to a stable, opportunity-rich environment in ZIP 75662.

Run This Study Yourself

• Curious about another ZIP code or want to dive deeper into ZIP 75662? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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