Interested in purchasing investment houses in the 75220 zip code in Dallas, TX?
The zip code 75220 is in Dallas county with a latitude of -96.876150000000 and longitude of 32.866640000000, is in the state of Texas. The average asking price of houses and condos is $1,065,163.00 and the average sale price was $147,029.00. this regions is classified as the Dallas - Fort Worth metro area and consists of the following area codes: 214, 469, and 972. The location in degrees is 32° 51' 59.904" N, 96° 52' 34.14" W. The county F.I.P.S. is 48113. This zip code contains two cities including Dallas, TX (99.99%), and Irving, TX (0.01%) The total land area is 11.3 square miles and the water area is 0.4 square miles. The elevation in this area is 430 - 551 feet. The zip code is on central standard time and observes daylight savings time.
The zip 75220 is in county number 113 and is L. Sector 12, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 42,467 in 2019 and 41,891 in 2010. Of this, the break down in 2019 was 42,432 urban and 34 rural. This further breaks down to 23,034 males (54.2%) and 19,431 females (45.8%). The median age of residents is 31.1 years. The population of the greater Dallas-Fort Worth-Arlington, TX area is 6,540,927. The population density (people per square mile) is 3,752. This zip code has a combined total of 16,277 houses and condos. There are 9,986 rented appartments. 68% of residents rent versus the 68% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $121,039 and the average salary is $61,101. The median household income of individuals is $41,712.00 and the average is $152,000.00. This zip code has a mean commute time to work of 27.2 minutes. The unemployment rate is 3.2%. Income earners by percent breakdown as 59.30% (Under $50,000), 25.50% ($50,000-$100,000), and 15.30% earn over $100,000. 15.8% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 97.8. The educational breakdown is 54.0% have a high school education or higher, 21.3% have a bachelor's degree or higher, and 8.6% have some kind of profesional degree.
This area has 13,493 households and the average size is 2.9 people. Individuals who are single and have never been married are 35.6%, 50.4% are now married, 4.0% are separated, 2.9% are widowed, and 7.0% are divorced. The average yearly contribution amount given by people to charity was $32,820 versus the state average of $6,808. The percent of residents who gave to charity was 12.5%.
The estimated median value of houses and condos is $325,200. The median monthly owner costs of mortgage holders was $2,015, where as the costs for those who don't have a mortgage are $717. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 2.7.
The real estate tax percent rate is 1.5% which equated to an average real estate tax amount payment of $4,893. In comparision, the average real estate tax percent rate in the state is 1.7% which equated to an average real estate tax amount payment in the state of $3,390. The median housing property tax percent for residents with mortgages was 1.5% which amounted to an average tax amount of $5,571. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.2% which amounted to an average tax amount of $3,582. Reported taxable interest for persons was $26,028, dividends $63,013, capital gains +$276,775, and itemized deductions $73,163. The average earned income tax credit is $2,871. The percent of individuals that use a tax preparer is 67.7%. The total average income taxes paid by individuals was $20,519. Businesses reported an average profit of $20,564.
Pappas Bros. Steakhouse
10477 Lombardy Ln, Dallas, TX 75220
The Keg Steakhouse & Bar
859 W John Carpenter Fwy, Irving, TX 75039 (4.5 miles away)
Bob's Steak & Chop House
4300 Lemmon Ave, Dallas, TX 75219 (4.7 miles away)
Maple Leaf Diner
12817 Preston Rd, Dallas, TX 75230 (4.7 miles away)
Urban Taco
5331 E Mockingbird Ln Ste 125, Dallas, TX 75206 (6 miles away)
Chamberlain's Steak & Chop House
5330 Belt Line Rd, Dallas, TX 75254 (6.2 miles away)