ZIP 77642 - 860Z200US77642 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 77642 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a unique blend of diversity and affordability that can appeal to a wide range of stakeholders. Using the latest 2023 data, this snapshot provides a clear, data-driven look at population, income, housing, and cultural composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will guide your next steps in ZIP 77642.

Population & Households

ZIP 77642 is home to a substantial population of 38,051 residents, making it a vibrant and active community. This population is distributed across 13,976 households, reflecting a mix of family sizes and living arrangements. With 16,234 total housing units in the area, there’s a notable supply of homes, though not all are occupied, suggesting potential opportunities for buyers or investors looking to enter this market. The size of the population and household base also indicates a solid customer pool for local businesses seeking to establish or expand their presence in this area.

Income & Housing Costs

The median household income in ZIP 77642 stands at $41,677, which reflects a community with moderate earning power. For homebuyers, this income level suggests that affordability is a key consideration when evaluating properties. The median house value in this ZIP code is $96,100, positioning it as a relatively accessible market for first-time buyers or investors seeking lower entry costs. Meanwhile, the median rent is $944 per month, offering a benchmark for landlords or renters assessing the rental landscape. These figures highlight ZIP 77642 as a cost-effective area compared to many urban markets, providing value for those looking to buy or lease.

Race & Ethnicity

One of the standout features of ZIP 77642 is its diverse population, which enriches the cultural fabric of the community. The racial and ethnic composition breaks down as follows: 42.36% Hispanic, 37.13% Black, 12.18% White, and 6.96% Asian. This diversity creates a multicultural environment that can be a draw for families seeking inclusive neighborhoods, businesses aiming to serve varied customer bases, and investors looking for areas with broad appeal. Understanding this mix can help tailor marketing strategies or community engagement efforts to resonate with the local population.

Key Facts

• Total population: 38,051 residents, indicating a sizable community.
• Total households: 13,976, reflecting a strong base of local families and individuals.
• Total housing units: 16,234, with some vacancy offering potential for growth.
• Median household income: $41,677, suggesting a focus on affordability.
• Median house value: $96,100, an attractive price point for buyers and investors.
• Median rent: $944, providing a competitive rental market.
• Diverse demographics: 42.36% Hispanic, 37.13% Black, 12.18% White, 6.96% Asian.

What This Means for You

For homebuyers, ZIP 77642 offers an affordable entry into homeownership with a median house value of $96,100, well below many national averages. This could be an ideal spot for first-time buyers or those looking to downsize without sacrificing community vibrancy. Real estate investors and agents will find opportunity in the gap between total housing units and occupied households, hinting at potential for rental properties or flips in a market with reasonable price points. Small-business owners can leverage the diverse population of 38,051 and the multicultural makeup to offer products or services that cater to varied tastes and needs, while the moderate income levels suggest a focus on value-driven offerings. Analysts can use these metrics as a baseline to track trends in affordability and demographic shifts, providing deeper insights for clients or stakeholders in this region.

Run This Study Yourself

Want to dive deeper into ZIP 77642 or explore another area’s demographics and housing data? Follow these simple steps to get tailored insights:

• Visit ZipcodeGPT to access a powerful tool for ZIP code analysis.
• Enter the ZIP code of interest to pull up the latest demographic and housing metrics.
• Customize your research to uncover trends and opportunities specific to your goals.