ZIP 77840 - 860Z200US77840 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 77840 for your next home, investment, or business venture, understanding the area’s demographic and housing landscape is essential. Located in College Station, Texas, this ZIP code offers a unique blend of characteristics that cater to a variety of needs. Whether you’re a homebuyer looking for affordability, an investor seeking growth potential, or a small-business owner scouting a vibrant community, this 2023 snapshot provides the data-driven insights you need to make informed decisions. Let’s dive into the numbers for ZIP 77840 and uncover what makes this area stand out.

Population & Households

ZIP 77840 is home to a sizable population of 55,186 residents as of 2023. This figure reflects a dynamic community with a mix of students, families, and professionals, likely influenced by its proximity to Texas A&M University. The area supports 21,769 households, indicating a strong residential base. With 25,423 total housing units, there’s a notable supply of homes and apartments, though occupancy rates suggest some vacancies that could appeal to investors or buyers looking for immediate availability.

Income & Housing Costs

The median household income in ZIP 77840 stands at $31,278, which is relatively modest compared to national averages. This lower income level may reflect the significant student population in the area, as well as a mix of entry-level and service-oriented jobs. For homebuyers and investors, this could translate into more affordable entry points into the housing market. The median house value is $241,000, offering a reasonable price point for first-time buyers or those seeking investment properties with potential for appreciation. Meanwhile, the median rent of $1,085 per month suggests a robust rental market, likely driven by student demand, making this ZIP code attractive for landlords.

Race & Ethnicity

The demographic makeup of ZIP 77840 is diverse, reflecting a multicultural community. The racial composition includes 55.25% White, 11.2% Black, 9.49% Asian, and 20.14% Hispanic residents. This diversity can be a significant draw for businesses aiming to serve a broad customer base or for families seeking an inclusive environment. The presence of various cultural groups also hints at a vibrant local scene with potential for unique dining, retail, and community events, which could benefit small-business owners looking to tap into niche markets.

Key Facts

• Total population: 55,186 residents, indicating a sizable and active community.
• Total households: 21,769, supporting a strong residential foundation.
• Total housing units: 25,423, with potential availability for new buyers or renters.
• Median household income: $31,278, reflecting affordability challenges and opportunities.
• Median house value: $241,000, a competitive price for homebuyers and investors.
• Median rent: $1,085, suggesting a strong rental market for landlords.
• Diverse population: 55.25% White, 20.14% Hispanic, 11.2% Black, and 9.49% Asian.

What This Means for You

For homebuyers, ZIP 77840 offers an accessible entry into homeownership with a median house value of $241,000. The lower median income suggests you might face less competition in certain price brackets, but be mindful of affordability for ongoing costs. Investors and real estate agents will find opportunity in the rental market, where a median rent of $1,085 and proximity to a university point to consistent demand from students and young professionals. The surplus of housing units compared to households also hints at potential for flipping or long-term holds. Small-business owners can leverage the area’s diversity and population size to target a wide audience, particularly with services or products catering to students or multicultural communities. Finally, analysts can use this data as a baseline to track trends in housing affordability and demographic shifts in college-centric areas like ZIP 77840.

Run This Study Yourself

• Curious about another ZIP code or want to dive deeper into ZIP 77840? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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