Interested in purchasing investment houses in the 75248 zip code in Dallas, TX?
The zip code 75248 is in Dallas county with a latitude of -96.795240000000 and longitude of 32.969580000000, is in the state of Texas. The average asking price of houses and condos is $494,234.00 and the average sale price was $204,250.00. 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° 58' 10.488" N, 96° 47' 42.864" W. The county F.I.P.S. is 48113. This zip code contains two cities including Dallas, TX (99.72%), and Addison, TX (0.28%) The total land area is 7.4 square miles and the water area is 0.0 square miles. The elevation in this area is 643 - 656 feet. The zip code is on central standard time and observes daylight savings time.
The zip 75248 is in county number 113 and is L. Sector 10, L. Segment 02, H. Sector 02, and H. Segment 02. The population was 37,780 in 2019 and 33,395 in 2010. This further breaks down to 18,530 males (49.0%) and 19,250 females (51.0%). The median age of residents is 42.0 years. The population of the greater Dallas-Fort Worth-Arlington, TX area is 6,540,927. The population density (people per square mile) is 5,099. This zip code has a combined total of 18,227 houses and condos. There are 7,896 rented appartments. 47% of residents rent versus the 47% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $115,216 and the average salary is $85,905. The median household income of individuals is $87,860.00 and the average is $138,620.00. This zip code has a mean commute time to work of 23.6 minutes. The unemployment rate is 3.2%. Income earners by percent breakdown as 24.40% (Under $50,000), 31.00% ($50,000-$100,000), and 44.70% earn over $100,000. 5.2% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 96.8. The educational breakdown is 95.5% have a high school education or higher, 61.5% have a bachelor's degree or higher, and 24.6% have some kind of profesional degree.
This area has 15,404 households and the average size is 2.3 people. Individuals who are single and have never been married are 28.1%, 54.7% are now married, 1.2% are separated, 4.9% are widowed, and 11.2% are divorced. The average yearly contribution amount given by people to charity was $8,691 versus the state average of $6,808. The percent of residents who gave to charity was 34.7%.
The estimated median value of houses and condos is $443,847. The median monthly owner costs of mortgage holders was $2,517, where as the costs for those who don't have a mortgage are $1,041. The median number of rooms in houses and condos are 7.7 versus apartments which had a median number of 3.6.
The real estate tax percent rate is 1.5% which equated to an average real estate tax amount payment of $6,845. 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 1.6% which amounted to an average tax amount of $7,270. 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 $6,019. Reported taxable interest for persons was $4,654, dividends $12,956, capital gains +$29,304, and itemized deductions $30,496. The average earned income tax credit is $1,894. The percent of individuals that use a tax preparer is 51.1%. The total average income taxes paid by individuals was $9,476. Businesses reported an average profit of $23,519.
Chamberlain's Steak & Chop House
5330 Belt Line Rd, Dallas, TX 75254 (1.9 miles away)
Banana Leaf Thai Cuisine
17370 Preston Rd, Dallas, TX 75252 (2 miles away)
Fogo de Chao
4300 Belt Line Rd, Addison, TX 75001 (2.6 miles away)
Shuck N Jive Cajun Restaurant
401 W President George Bush Hwy Ste 126, Richardson, TX 75080 (2.8 miles away)
III Forks
17776 Dallas Pkwy, Dallas, TX 75287 (3.1 miles away)
Rockfish Seafood Grill
4701 W Park Blvd Ste 105, Plano, TX 75093 (4.3 miles away)