ZIP 77320 - 860Z200US77320 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 77320 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a mix of opportunities for homebuyers, real estate investors, small-business owners, and analysts. With a population of over 37,000 and a diverse community, ZIP 77320 presents a unique profile worth exploring. In this snapshot, we dive into the latest 2023 data to provide clear, actionable insights on population, income, housing, and more.

Population & Households

ZIP 77320 is home to a substantial population of 37,458 residents, making it a sizable community with a range of needs and opportunities. These individuals are distributed across 10,004 households, reflecting a mix of family structures and living arrangements. With 12,135 total housing units in the area, there’s a notable supply of homes, though not all are occupied. This balance between population and housing suggests a community with room for growth, whether you’re looking to settle down or invest in property.

Income & Housing Costs

Financial metrics are a critical factor for anyone eyeing ZIP 77320. The median household income here stands at $51,765, which provides a realistic benchmark for affordability and economic stability in the area. When it comes to housing, the median home value is $174,400—a figure that positions this ZIP code as a potentially accessible market for first-time buyers or investors seeking value. For renters, the median rent is $975 per month, offering a more affordable alternative to homeownership in many cases. These numbers paint a picture of a community where cost of living aligns with moderate income levels, making it a practical choice for various budgets.

Race & Ethnicity

Diversity is a defining characteristic of ZIP 77320, with a racial and ethnic composition that reflects a vibrant, multifaceted community. White residents make up 49.8% of the population, followed by Hispanic or Latino residents at 25.74%, and Black or African American residents at 20.75%. Asian residents account for a smaller share at 0.21%. This blend of backgrounds contributes to a culturally rich environment, which can be a draw for families, businesses, and investors looking for an inclusive and dynamic place to call home or set up shop.

Key Facts

• Total population: 37,458 residents, indicating a robust community size.
• Total households: 10,004, showcasing a diverse range of living arrangements.
• Total housing units: 12,135, suggesting potential availability for new residents or investors.
• Median household income: $51,765, reflecting moderate earning capacity.
• Median home value: $174,400, offering a relatively accessible entry point for buyers.
• Median rent: $975, providing a cost-effective option for renters.
• Diverse demographics: 49.8% White, 25.74% Hispanic, 20.75% Black, and 0.21% Asian.

What This Means for You

For homebuyers, ZIP 77320 offers a promising mix of affordability and community size. With a median home value of $174,400, it’s a market where you might find a solid starter home or a property with growth potential. Renters can also benefit from the reasonable median rent of $975, which keeps housing costs manageable. Real estate investors and agents will note the gap between total housing units (12,135) and occupied households (10,004), hinting at opportunities for rental properties or flips in a growing area. Small-business owners can tap into a diverse population of over 37,000, tailoring services or products to a wide range of cultural and economic needs. Analysts, meanwhile, can use these metrics to benchmark ZIP 77320 against neighboring areas, identifying trends in income, housing, and demographics for strategic planning.

Run This Study Yourself

Want to dive deeper into ZIP 77320 or compare it with other areas? Here’s how you can uncover detailed insights on your own:

• Visit ZipcodeGPT to access a powerful tool for demographic and housing analysis.
• Enter any ZIP code, including 77320, to generate a customized report with the latest data.
• Use the insights to make informed decisions for your home purchase, investment, or business strategy.