ZIP 77494 - 860Z200US77494 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP code 77494, located in the thriving Katy area of Texas, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ll break down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into what makes ZIP 77494 unique and how it can meet your needs.

Population & Households

ZIP 77494 is home to a substantial population of 137,213 residents, making it a bustling and dynamic area. This population is spread across 42,600 households, reflecting a strong community base with an average household size of roughly 3.2 people. The total number of housing units stands at 44,520, indicating a slight surplus of available homes compared to occupied households. This balance suggests opportunities for growth or investment, especially for those looking to settle in a well-populated yet still-developing region.

Income & Housing Costs

One of the standout features of ZIP 77494 is its robust economic profile. The median household income here is an impressive $146,105, well above the national average, signaling a financially stable and affluent community. For homebuyers and investors, the median house value of $450,100 reflects a competitive yet rewarding real estate market. Renters, meanwhile, face a median rent of $2,044 per month, which aligns with the area’s higher cost of living but also indicates strong demand for rental properties. These figures highlight ZIP 77494 as a premium location for both living and investing.

Race & Ethnicity

ZIP 77494 boasts a diverse and vibrant community, with a racial and ethnic composition that enriches its cultural fabric. White residents make up 38.75% of the population, followed closely by Hispanic residents at 24.66% and Asian residents at 23.58%. Black residents account for 8.3% of the population. This diversity creates a welcoming environment for families, businesses, and investors seeking a multicultural setting with varied perspectives and opportunities for connection.

Key Facts

• Total population: 137,213 residents, indicating a large and active community.
• Total households: 42,600, with an average size of about 3.2 people per household.
• Total housing units: 44,520, suggesting some availability for new residents or investors.
• Median household income: $146,105, reflecting strong economic stability.
• Median house value: $450,100, pointing to a high-value real estate market.
• Median rent: $2,044, indicative of a competitive rental market.
• Racial diversity: White (38.75%), Hispanic (24.66%), Asian (23.58%), Black (8.3%).

What This Means for You

For homebuyers, ZIP 77494 offers a premium living experience with high median home values and incomes, ensuring you’re investing in a stable and prosperous area. The slight surplus of housing units could mean less competition for certain properties, but expect to budget for a median home price of $450,100. Real estate investors and agents will find a lucrative market here, with strong rental demand (median rent of $2,044) and potential for appreciation given the affluent demographic. The diversity and population size also support long-term growth prospects. Small-business owners can tap into a wealthy and diverse customer base of over 137,000 people, ideal for retail, services, or dining ventures that cater to varied cultural tastes. Finally, analysts can use these metrics to benchmark ZIP 77494 against other regions, noting its high income and housing costs as indicators of economic strength.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 77494? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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