Interested in purchasing investment houses in the 76016 zip code in Arlington, TX?
The zip code 76016 is in Tarrant county with a latitude of -97.188710000000 and longitude of 32.689060000000, is in the state of Texas. The average asking price of houses and condos is $287,204.00 and the average sale price was $225,000.00. this regions is classified as the Dallas - Fort Worth metro area and consists of the following area codes: 682 and 817. The location in degrees is 32° 41' 20.616" N, 97° 11' 19.356" W. The county F.I.P.S. is 48439. This zip code contains two cities including Arlington, TX (85.08%), and Dalworthington Gardens, TX (14.92%) The total land area is 8.9 square miles and the water area is 1.0 square miles. The elevation in this area is 528 - 614 feet. The zip code is on central standard time and observes daylight savings time.
The zip 76016 is in county number 439 and is L. Sector 10, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 32,375 in 2019 and 30,852 in 2010. This further breaks down to 15,756 males (48.7%) and 16,618 females (51.3%). The median age of residents is 44.1 years. The population of the greater Dallas-Fort Worth-Arlington, TX area is 6,540,927. The population density (people per square mile) is 3,653. This zip code has a combined total of 11,913 houses and condos. There are 2,323 rented appartments. 20% of residents rent versus the 20% 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 $81,502 and the average salary is $65,732. The median household income of individuals is $88,168.00 and the average is $88,600.00. This zip code has a mean commute time to work of 27.5 minutes. The unemployment rate is 3.5%. Income earners by percent breakdown as 19.00% (Under $50,000), 38.10% ($50,000-$100,000), and 42.90% earn over $100,000. 6.5% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 95.8. The educational breakdown is 95.5% have a high school education or higher, 42.8% have a bachelor's degree or higher, and 14.2% have some kind of profesional degree.
This area has 11,545 households and the average size is 2.8 people. Individuals who are single and have never been married are 26.1%, 56.6% are now married, 0.5% are separated, 5.3% are widowed, and 11.4% are divorced. The average yearly contribution amount given by people to charity was $7,437 versus the state average of $6,808. The percent of residents who gave to charity was 31.0%.
The estimated median value of houses and condos is $220,486. The median monthly owner costs of mortgage holders was $1,656, where as the costs for those who don't have a mortgage are $695. The median number of rooms in houses and condos are 6.9 versus apartments which had a median number of 5.2.
The real estate tax percent rate is 1.8% which equated to an average real estate tax amount payment of $3,928. 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 1.9% which amounted to an average tax amount of $4,076. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.6% which amounted to an average tax amount of $3,628. Reported taxable interest for persons was $1,993, dividends $6,046, capital gains +$17,309, and itemized deductions $22,901. The average earned income tax credit is $2,083. The percent of individuals that use a tax preparer is 45.1%. The total average income taxes paid by individuals was $6,675. Businesses reported an average profit of $15,301.
Prespa's Pasta Pizza Italian Restaurant
3100 W Arkansas Ln, Arlington, TX 76016
Mac's Steaks & Seafood
6077 W Interstate 20, Arlington, TX 76017 (2.9 miles away)
Rockfish Seafood Grill
3785 S Cooper St, Arlington, TX 76015 (3.3 miles away)
Louisiana Fried Catfish
324 W Kennedale Pkwy, Kennedale, TX 76060 (3.4 miles away)
Taste of Europe
1901 W Pioneer Pkwy, Arlington, TX 76013 (3.4 miles away)
Seafood City
5625 Meadowbrook Dr, Fort Worth, TX 76112 (4.5 miles away)
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
