Interested in purchasing investment houses in the 76655 zip code in Lorena, TX?
The zip code 76655 is in both McLennan and Falls counties with a latitude of -97.177400000000 and longitude of 31.396080000000, is in the state of Texas. The average asking price of houses and condos is $220,678.00 and the average sale price was $129,000.00. this regions is classified as the Waco - Temple - Bryan metro area and is in the 254 area code. The location in degrees is 31° 23' 45.888" N, 97° 10' 38.64" W. The county F.I.P.S. is 48309. This zip code contains five cities including Robinson, TX (7.52%), Lorena, TX (4.02%), Golinda, TX (3.48%), Waco, TX (0.74%), and Hewitt, TX (0.11%) The total land area is 76.4 square miles and the water area is 0.4 square miles. The elevation in this area is 367 - 682 feet. The zip code is on central standard time and observes daylight savings time.
The zip 76655 is in county number 145 and is L. Sector 95, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 8,402 in 2019 and 7,831 in 2010. Of this, the break down in 2019 was 71 urban and 8,330 rural. This further breaks down to 4,218 males (50.2%) and 4,184 females (49.8%). The median age of residents is 41.5 years. The population of the greater Waco, TX area is 232,003. The population density (people per square mile) is 110. This zip code has a combined total of 3,196 houses and condos. There are 481 rented appartments. 16% of residents rent versus the 16% 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 $61,827 and the average salary is $54,167. The median household income of individuals is $61,119.00 and the average is $76,300.00. This zip code has a mean commute time to work of 24.5 minutes. The unemployment rate is 1.3%. Income earners by percent breakdown as 36.20% (Under $50,000), 43.40% ($50,000-$100,000), and 20.40% earn over $100,000. 6.7% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 79.8. The educational breakdown is 96.4% have a high school education or higher, 31.8% have a bachelor's degree or higher, and 8.1% have some kind of profesional degree.
This area has 2,792 households and the average size is 2.8 people. Individuals who are single and have never been married are 23.8%, 62.3% are now married, 2.1% are separated, 4.7% are widowed, and 7.2% 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 20.9%.
The estimated median value of houses and condos is $222,366. The median monthly owner costs of mortgage holders was $1,803, where as the costs for those who don't have a mortgage are $599. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 5.4.
The real estate tax percent rate is 1.7% which equated to an average real estate tax amount payment of $3,804. 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 1.8% which amounted to an average tax amount of $4,599. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.5% which amounted to an average tax amount of $2,887. Reported taxable interest for persons was $1,179, dividends $3,406, capital gains +$9,656, and itemized deductions $20,416. The average earned income tax credit is $2,239. The percent of individuals that use a tax preparer is 45.1%. The total average income taxes paid by individuals was $5,614. Businesses reported an average profit of $14,412.
Bob & Larry's Smokehouse BBQ & Lounge
3896 Old Lorena Rd, Lorena, TX 76655
Enchanted Cedar
100 N Oak St, Lorena, TX 76655
Altos De Jalisco Restaurant
216 N Frontage Rd, Lorena, TX 76655
Ruthies Mexican Food
216 N Frontage Rd, Lorena, TX 76655
Bigs Mayberry
4677 Spring Valley Rd, Lorena, TX 76655
Raymonds Southern Kitchen
417 S Frontage Rd, Lorena, TX 76655
Sunset Waco Express
11710 Chapel Rd, Lorena, TX 76655
Bush's Chicken
100 N Frontage Rd, Lorena, TX 76655
Pee-wee's Crabcakes On The Go
108 Jim Dr, Hewitt, TX 76643 (3.9 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!
