ZIP 76040 - 860Z200US76040 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP code 76040, located in the heart of Texas near Fort Worth, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 31,000 and a diverse community, this ZIP code presents a blend of affordability and opportunity. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about living, working, or investing here.

Population & Households

ZIP 76040 is home to 31,172 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 11,737 households, reflecting a mix of family and individual living arrangements. With 12,912 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking for rental properties. This balance suggests a stable housing market with room for growth.

Income & Housing Costs

The median household income in ZIP 76040 stands at $69,683, positioning it as a middle-income area with reasonable earning potential for residents. For homebuyers, the median house value is $281,300—a figure that reflects a solid investment opportunity without the sticker shock of larger metro areas. Renters, on the other hand, face a median rent of $1,245 per month, which is relatively affordable compared to nearby urban centers. These numbers highlight ZIP 76040 as a cost-effective option for families and individuals seeking value in housing.

Race & Ethnicity

One of the standout features of ZIP 76040 is its diverse population. The racial and ethnic composition includes 31.18% White, 24.15% Black, 14.46% Asian, and 21.98% Hispanic residents. This mix creates a vibrant, multicultural environment that can appeal to a wide range of people and businesses. For small-business owners, this diversity offers a chance to cater to varied customer preferences, while homebuyers may appreciate the inclusive community atmosphere.

Key Facts

• Total population: 31,172 residents in 2023.
• Total households: 11,737, indicating a mix of family and solo living.
• Total housing units: 12,912, suggesting potential availability for new occupants.
• Median household income: $69,683, reflecting a stable middle-income area.
• Median house value: $281,300, offering value for homebuyers and investors.
• Median rent: $1,245, a reasonable cost for renters in the region.
• Diverse demographics: White (31.18%), Black (24.15%), Asian (14.46%), Hispanic (21.98%).

What This Means for You

For homebuyers, ZIP 76040 offers a compelling mix of affordability and community diversity. With median home values at $281,300, you can secure a property at a reasonable price point while enjoying a culturally rich neighborhood. The slight surplus of housing units (12,912 total versus 11,737 households) may also mean less competition when searching for your ideal home.

For real estate investors and agents, the data points to potential in both buying and renting properties. The median rent of $1,245 suggests a steady rental market, while the home value indicates room for appreciation over time. Keeping an eye on unoccupied units could reveal opportunities for flipping or long-term leasing.

For small-business owners, the diverse population of over 31,000 provides a broad customer base. Whether you’re opening a restaurant, retail store, or service-based business, the multicultural makeup (with significant White, Black, Asian, and Hispanic populations) allows for tailored offerings that resonate with varied tastes and needs.

For analysts, these metrics offer a baseline for deeper market studies. The income levels, housing costs, and demographic spread in ZIP 76040 can inform broader regional trends or specific investment strategies.

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