Interested in purchasing investment houses in the 75227 zip code in Dallas, TX?
The zip code 75227 is in Dallas county with a latitude of -96.687280000000 and longitude of 32.770010000000, is in the state of Texas. The average asking price of houses and condos is $111,090.00 and the average sale price was $53,000.00. 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° 46' 12.036" N, 96° 41' 14.208" W. The county F.I.P.S. is 48113. This zip code contains two cities including Dallas, TX (99.93%), and Mesquite, TX (0.07%) The total land area is 11.4 square miles and the water area is 0.0 square miles. The elevation in this area is 476 - 535 feet. The zip code is on central standard time and observes daylight savings time.
The zip 75227 is in county number 113 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 60,577 in 2019 and 55,029 in 2010. This further breaks down to 29,548 males (48.8%) and 31,029 females (51.2%). The median age of residents is 29.2 years. The population of the greater Dallas-Fort Worth-Arlington, TX area is 6,540,927. The population density (people per square mile) is 5,315. This zip code has a combined total of 19,731 houses and condos. There are 7,957 rented appartments. 44% of residents rent versus the 44% 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 $29,649 and the average salary is $28,676. The median household income of individuals is $40,802.00 and the average is $35,180.00. This zip code has a mean commute time to work of 32.2 minutes. The unemployment rate is 3.2%. Income earners by percent breakdown as 59.20% (Under $50,000), 31.00% ($50,000-$100,000), and 9.80% earn over $100,000. 20.0% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 93.1. The educational breakdown is 66.1% have a high school education or higher, 10.3% have a bachelor's degree or higher, and 3.0% have some kind of profesional degree.
This area has 16,304 households and the average size is 3.3 people. Individuals who are single and have never been married are 39.1%, 46.1% are now married, 2.6% are separated, 4.2% are widowed, and 8.1% are divorced. The average yearly contribution amount given by people to charity was $4,726 versus the state average of $6,808. The percent of residents who gave to charity was 9.6%.
The estimated median value of houses and condos is $117,983. The median monthly owner costs of mortgage holders was $1,192, where as the costs for those who don't have a mortgage are $449. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $1,647. 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 1.4% which amounted to an average tax amount of $1,770. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $1,433. Reported taxable interest for persons was $694, dividends $3,476, capital gains +$4,894, and itemized deductions $16,999. The average earned income tax credit is $2,869. The percent of individuals that use a tax preparer is 62.3%. The total average income taxes paid by individuals was $3,190. Businesses reported an average profit of $7,665.
Mariscos El Ceviches Loco
7861 Lake June Rd, Dallas, TX 75217 (3 miles away)
Kalachandji's Restaurant & Palace
5430 Gurley Ave, Dallas, TX 75223 (4.2 miles away)
Shell Shack
1335 N Peachtree Rd, Mesquite, TX 75149 (4.4 miles away)
Outback Steakhouse
3903 Towne Crossing Blvd, Mesquite, TX 75150 (4.5 miles away)
Applebee's
19035 Lyndon B Johnson Fwy, Balch Springs, TX 75180 (5.1 miles away)
Angry Dog
2726 Commerce St, Dallas, TX 75226 (5.1 miles away)
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