ZIP 77407 - 860Z200US77407 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP code 77407, understanding the local demographics and housing landscape is essential. Located in a dynamic and growing area, this ZIP code offers a diverse population, strong income levels, and a robust housing market. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, this snapshot provides actionable insights based on the latest 2023 data. Let’s dive into the numbers to help you make informed decisions about living, investing, or operating in 77407.

Population & Households

ZIP code 77407 is home to a substantial population of 81,459 residents, making it a vibrant and bustling community. This area supports 24,707 households, reflecting a strong base of families and individuals. With 25,284 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking for opportunities. The sizable population and household numbers suggest a community with significant demand for goods, services, and housing—a key consideration for anyone eyeing this area.

Income & Housing Costs

One of the standout metrics for ZIP 77407 is its median household income of $101,595, which points to a relatively affluent community with strong purchasing power. This income level supports a healthy local economy, beneficial for small businesses and service providers. On the housing front, the median house value stands at $353,800, reflecting a competitive yet accessible market for buyers and investors. For renters, the median rent is $1,993 per month, indicating a premium rental market that could appeal to landlords seeking steady returns. These figures highlight 77407 as a financially stable area with opportunities for growth.

Race & Ethnicity

The demographic makeup of ZIP 77407 is notably diverse, fostering a multicultural environment that can enrich community life and business prospects. The population breakdown by race and ethnicity shows Asian residents as the largest group at 33.11%, followed by Black residents at 26.72%, Hispanic or Latino residents at 19.05%, and White residents at 18.17%. This diversity can be a draw for businesses catering to varied cultural needs and for families seeking an inclusive place to call home. Understanding this mix is crucial for tailoring services, marketing strategies, or community engagement in 77407.

Key Facts

• Total population: 81,459 residents, indicating a large and active community.
• Total households: 24,707, supporting a strong residential base.
• Total housing units: 25,284, suggesting potential availability for new occupants.
• Median household income: $101,595, reflecting economic strength.
• Median house value: $353,800, a competitive price point for buyers.
• Median rent: $1,993, appealing for rental property investors.
• Diverse population: Asian (33.11%), Black (26.72%), Hispanic (19.05%), White (18.17%).

What This Means for You

For homebuyers, ZIP 77407 offers a promising mix of affordability and value with a median home price of $353,800, paired with a high median income that supports a comfortable lifestyle. The diverse community also means a welcoming environment for families of varied backgrounds. Investors and real estate agents will find the slight surplus of housing units and strong rental rates ($1,993 median rent) indicative of potential for both flipping properties and long-term rental income. The area’s population size and income levels suggest sustained demand for housing. For small-business owners, the large, diverse population of over 81,000 and high household income create a fertile ground for retail, dining, and service-based ventures, especially those catering to multicultural needs. Analysts can use these metrics to benchmark 77407 against other ZIP codes for market studies or investment forecasts. This area’s data points to stability and growth potential across multiple sectors.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 77407? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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