Interested in purchasing investment houses in the 76640 zip code in Elm Mott, TX?
The zip code 76640 is in McLennan county with a latitude of -97.070770000000 and longitude of 31.689890000000, is in the state of Texas. The average asking price of houses and condos is $153,375.00 and the average sale price was $78,162.00. this regions is classified as the Waco - Temple - Bryan metro area and is in the 254 area code. The location in degrees is 31° 41' 23.604" N, 97° 4' 14.772" W. The county F.I.P.S. is 48309. This zip code contains four cities including Leroy, TX (1.45%), Lacy-Lakeview, TX (1.33%), Ross, TX (1.04%), and Waco, TX (0.51%) The total land area is 28.4 square miles and the water area is 0.3 square miles. The elevation in this area is 502 - 561 feet. The zip code is on central standard time and observes daylight savings time.
The zip 76640 is in county number 309 and is L. Sector 00, L. Segment 01, H. Sector 17, and H. Segment 17. The population was 3,605 in 2019 and 3,005 in 2010. Of this, the break down in 2019 was 1,046 urban and 2,558 rural. This further breaks down to 1,845 males (51.2%) and 1,760 females (48.8%). The median age of residents is 37.5 years. The population of the greater Waco, TX area is 232,003. The population density (people per square mile) is 127. This zip code has a combined total of 1,478 houses and condos. There are 391 rented appartments. 31% of residents rent versus the 31% 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 $39,372 and the average salary is $36,090. The median household income of individuals is $49,476.00 and the average is $47,200.00. This zip code has a mean commute time to work of 26.5 minutes. The unemployment rate is 0.8%. Income earners by percent breakdown as 50.60% (Under $50,000), 36.20% ($50,000-$100,000), and 13.30% earn over $100,000. 28.0% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 79.1. The educational breakdown is 82.3% have a high school education or higher, 13.9% have a bachelor's degree or higher, and 4.0% have some kind of profesional degree.
This area has 1,187 households and the average size is 2.9 people. Individuals who are single and have never been married are 27.3%, 43.9% are now married, 2.6% are separated, 9.7% are widowed, and 16.6% are divorced. The average yearly contribution amount given by people to charity was $6,000 versus the state average of $6,808. The percent of residents who gave to charity was 6.0%.
The estimated median value of houses and condos is $97,527. The median monthly owner costs of mortgage holders was $1,096, where as the costs for those who don't have a mortgage are $371. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $1,051. 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 0.9% which amounted to an average tax amount of $1,279. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $838. Reported taxable interest for persons was $663, dividends $882, capital gains +$2,033, and itemized deductions $18,364. The average earned income tax credit is $2,139. The percent of individuals that use a tax preparer is 47.4%. The total average income taxes paid by individuals was $4,100. Businesses reported an average profit of $9,533.
Steve's Smoke & Deli
187 S McLennan Dr, Elm Mott, TX 76640
Dairy Queen
135 S Mclennan Dr, Elm Mott, TX 76640
Heitmiller Steakhouse
4509 Interstate 35 N, Waco, TX 76705 (2.5 miles away)
Ross Country Store
1476 Ross Road, Ross, TX 76684 (3.1 miles away)
D & J Seafood
820 E Waco Dr, Waco, TX 76704 (6.6 miles away)
The Czech-American Restaurant
220 N Main St, West, TX 76691 (7.1 miles away)
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