ZIP 76240 - 860Z200US76240 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 76240, understanding the area’s demographic and housing landscape is essential. Located in a dynamic region, this ZIP code offers a mix of residential appeal and economic potential. With a population of over 29,000 and a median household income of $67,056, ZIP 76240 presents a balanced market for homebuyers, real estate investors, small-business owners, and analysts. This article breaks down the latest 2023 data to provide clear, actionable insights into population trends, housing costs, and community composition.

Population & Households

ZIP 76240 is home to 29,271 residents, making it a moderately sized community with room for growth. These individuals are distributed across 11,377 households, reflecting a stable residential base. The total number of housing units stands at 12,412, indicating a slight surplus of available properties compared to occupied households. This gap could signal opportunities for buyers or investors looking to enter the market, as well as potential for businesses catering to new residents.

Income & Housing Costs

The median household income in ZIP 76240 is $67,056, suggesting a solid economic foundation for many families and individuals. This income level supports a housing market where the median home value is $207,600—a figure that positions the area as relatively affordable compared to national averages in many urban centers. For renters, the median monthly rent is $1,105, offering a viable alternative for those not ready to buy. These metrics indicate a market that can accommodate a range of budgets, whether you’re looking to purchase a home, invest in property, or establish a business reliant on local spending power.

Race & Ethnicity

The demographic makeup of ZIP 76240 reflects a diverse community with a majority White population at 66.22%. Hispanic residents make up a significant portion at 23.96%, contributing to the cultural richness of the area. Black residents account for 4.82%, and Asian residents represent 0.94%. This diversity can be a draw for businesses seeking a varied customer base or for families looking for an inclusive environment. Understanding these dynamics can help investors and entrepreneurs tailor their strategies to meet the needs of different community segments.

Key Facts

• Total population: 29,271 residents in ZIP 76240 as of 2023.
• Total households: 11,377, indicating a stable residential community.
• Total housing units: 12,412, suggesting some availability for new occupants.
• Median household income: $67,056, reflecting moderate economic strength.
• Median home value: $207,600, offering affordability for many buyers.
• Median rent: $1,105 per month, a reasonable option for renters.
• Racial composition: 66.22% White, 23.96% Hispanic, 4.82% Black, 0.94% Asian.

What This Means for You

For homebuyers, ZIP 76240 offers a promising mix of affordability and community size. With a median home value of $207,600 and a slight surplus of housing units, you may find opportunities to secure a property at a competitive price. The area’s diversity and moderate income levels also suggest a welcoming, economically stable environment for families or individuals.

For investors and real estate agents, the gap between total housing units (12,412) and occupied households (11,377) hints at potential for rental properties or flips. The median rent of $1,105 supports a viable rental market, while the home value indicates room for appreciation in a growing area.

For small-business owners, the population of 29,271 and diverse demographic profile provide a broad customer base. The median income of $67,056 suggests disposable income for goods and services, making this ZIP code a strategic spot for retail, dining, or service-based ventures tailored to local needs.

For analysts, these metrics offer a snapshot of a balanced market with growth potential. The data can inform broader studies on regional trends, housing demand, or economic development strategies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 76240? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date statistics on population, income, housing, and more, tailored to your specific interests.
• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business in any area of interest.