ZIP 77040 - 860Z200US77040 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 77040 in Houston, Texas, as a place to live, invest, or start a business, 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 can help you make informed decisions about opportunities in 77040.

Population & Households

ZIP code 77040 is home to a substantial population of 50,446 residents, making it a vibrant and active community. These individuals are distributed across 18,315 households, reflecting a mix of family structures and living arrangements. With 19,197 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could indicate potential opportunities for buyers or renters looking to move in. This balance between population and housing suggests a stable residential base, ideal for those seeking a well-established neighborhood.

Income & Housing Costs

The median household income in ZIP 77040 stands at $67,254, positioning it as a middle-income area with reasonable earning potential for residents. When it comes to housing, the median home value is $224,200, which offers a relatively accessible entry point for homebuyers compared to pricier parts of the Houston metro area. For renters, the median monthly rent is $1,343, reflecting a moderate cost of living for those not ready to purchase. These figures suggest that 77040 strikes a balance between affordability and value, appealing to a range of budgets whether you’re buying, renting, or investing.

Race & Ethnicity

ZIP 77040 boasts a richly diverse community, with a racial and ethnic composition that reflects a broad cultural tapestry. The largest demographic group is Hispanic, making up 52.68% of the population, followed by White residents at 21.49%, Black residents at 15.01%, and Asian residents at 8.49%. This diversity creates a dynamic environment, offering unique cultural experiences and opportunities for businesses catering to varied customer bases. For families and individuals, this mix fosters an inclusive atmosphere that can feel welcoming to people from many backgrounds.

Key Facts

• Total population in ZIP 77040: 50,446 residents.
• Total households: 18,315, indicating a strong residential presence.
• Total housing units: 19,197, with some availability for new occupants.
• Median household income: $67,254, supporting a middle-income lifestyle.
• Median home value: $224,200, accessible for many buyers.
• Median rent: $1,343 per month, a moderate cost for renters.
• Diverse population: 52.68% Hispanic, 21.49% White, 15.01% Black, 8.49% Asian.

What This Means for You

For homebuyers, ZIP 77040 presents an attractive option with median home values at $224,200, offering a foothold in the Houston market at a reasonable price point. The slight surplus of housing units (19,197 total versus 18,315 households) could mean less competition for available properties, giving you room to negotiate. Investors and real estate agents will find value in the area’s diversity and stable population of over 50,000, which supports rental demand and long-term growth potential, especially with median rents at $1,343. Small-business owners can leverage the cultural diversity—particularly the large Hispanic community (52.68%)—to tailor products or services to a wide audience, while the median income of $67,254 suggests decent purchasing power. Analysts can use these metrics to benchmark 77040 against other ZIP codes, identifying trends in affordability and demographic shifts. Across all groups, this area offers a balanced mix of opportunity and stability.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 77040? 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 areas, spot trends, and make data-driven decisions for your next move, investment, or business plan.