ZIP 77316 - 860Z200US77316 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 77316, located in Montgomery County, Texas, this demographic and housing snapshot offers a clear picture of the area in 2023. With a robust population, strong income levels, and a diverse housing market, this ZIP code presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the latest data to help you understand what makes this community tick and how it aligns with your goals.

Population & Households

ZIP 77316 is home to 31,917 residents, making it a sizable and growing community. This population is spread across 11,117 households, indicating a mix of family and individual living arrangements. With 11,879 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could signal availability for new residents or investors looking to enter the market. This balance suggests a stable yet dynamic area with room for growth.

Income & Housing Costs

One of the standout metrics for ZIP 77316 is its median household income of $129,418, which reflects a financially strong community. This figure positions the area as an attractive spot for businesses targeting higher-income consumers or for families seeking a prosperous environment. On the housing front, the median home value stands at $396,500, indicating a premium market that could offer solid returns for investors or long-term value for buyers. For renters, the median rent is $1,419 per month, which aligns with the area’s income levels and suggests a rental market catering to mid-to-upper income brackets.

Race & Ethnicity

The demographic makeup of ZIP 77316 provides insight into the community’s cultural fabric. The population is predominantly White at 80.33%, with smaller percentages of Black (1.33%) and Asian (1.18%) residents. Hispanic or Latino individuals make up 14.04% of the population, adding to the area’s diversity. This composition may influence local business offerings, community events, and school environments, which could be key considerations for families relocating or entrepreneurs planning to serve this market.

Key Facts

• Total population: 31,917 residents in 2023, indicating a thriving community.
• Total households: 11,117, reflecting a mix of family and individual living setups.
• Total housing units: 11,879, with a slight surplus over occupied homes.
• Median household income: $129,418, showcasing strong earning potential.
• Median home value: $396,500, pointing to a high-value real estate market.
• Median rent: $1,419, aligning with the area’s income demographics.
• Racial composition: 80.33% White, 14.04% Hispanic, with smaller Black and Asian populations.

What This Means for You

For homebuyers, ZIP 77316 offers a premium housing market with a median value of $396,500, ideal for those seeking long-term investment in a financially stable area. The high median income of $129,418 suggests neighbors with strong purchasing power, often correlating with good schools and amenities—key factors for families.

For investors and real estate agents, the slight surplus of housing units (11,879 vs. 11,117 households) hints at opportunities to buy or list properties, especially in a market where values are robust. The rental market, with a median rent of $1,419, also presents potential for steady cash flow if targeting mid-to-upper income tenants.

For small-business owners, the high median income and sizable population of 31,917 create a promising customer base, particularly for services or products aimed at affluent households. The area’s diversity, with a notable Hispanic population of 14.04%, could also inspire culturally tailored offerings to stand out in the market.

For analysts, these metrics provide a foundation for deeper studies into growth trends, housing demand, or economic stability in ZIP 77316, especially when paired with historical data or neighboring ZIP code comparisons.

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