Interested in purchasing investment houses in the 76372 zip code in Newcastle, TX?
The zip code 76372 is in both Young and Throckmorton counties with a latitude of -98.919000000000 and longitude of 33.252940000000, is in the state of Texas. The average asking price of houses and condos is $50,000.00 and the average sale price was $130,830.00. this regions is classified as the Wichita Falls metro area and is in the 940 area code. The location in degrees is 33° 15' 10.584" N, 98° 55' 8.4" W. The county F.I.P.S. is 48503. This zip code contains two cities including Elbert, TX (2.21%), and Newcastle, TX (0.66%) The total land area is 270.6 square miles and the water area is 2.1 square miles. The elevation in this area is 1089 - 1309 feet. The zip code is on central standard time and observes daylight savings time.
The zip 76372 is in county number 503 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 1,178 in 2019 and 974 in 2010. This further breaks down to 553 males (47.0%) and 624 females (53.0%). The median age of residents is 32.5 years. The population density (people per square mile) is 4. This zip code has a combined total of 573 houses and condos. There are 110 rented appartments. 25% of residents rent versus the 25% 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 $46,306 and the average salary is $37,797. The median household income of individuals is $34,077.00 and the average is $49,940.00. This zip code has a mean commute time to work of 16.7 minutes. The unemployment rate is 2.2%. Income earners by percent breakdown as 71.60% (Under $50,000), 21.40% ($50,000-$100,000), and 7.00% earn over $100,000. 24.0% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 77.2. The educational breakdown is 86.7% have a high school education or higher, 15.7% have a bachelor's degree or higher, and 5.8% have some kind of profesional degree.
This area has 410 households and the average size is 2.7 people. Individuals who are single and have never been married are 30.2%, 54.5% are now married, 3.0% are separated, 6.1% are widowed, and 6.2% are divorced. The average yearly contribution amount given by people to charity was $5,633 versus the state average of $6,808. The percent of residents who gave to charity was 8.3%.
The estimated median value of houses and condos is $89,566. The median monthly owner costs of mortgage holders was $1,091, where as the costs for those who don't have a mortgage are $462. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $949. 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. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $944. Reported taxable interest for persons was $1,213, dividends $1,580, capital gains +$3,800, and itemized deductions $24,200. The average earned income tax credit is $2,244. The percent of individuals that use a tax preparer is 66.7%. The total average income taxes paid by individuals was $2,420. Businesses reported an average profit of $14,563.
Hole In The Wall Cafe
510 Houston St, Newcastle, TX 76372
Bobcat Cafe
514 Broadway Ave, Newcastle, TX 76372
Pizza Pro
602 Broadway Ave, Newcastle, TX 76372
Wildcatter Ranch
6062 State Highway 16 S, Graham, TX 76450 (11.3 miles away)
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