Interested in purchasing investment houses in the 78516 zip code in Alamo, TX?
The zip code 78516 is in Hidalgo county with a latitude of -98.119380000000 and longitude of 26.145830000000, is in the state of Texas. The average asking price of houses and condos is $154,478.00 and the average sale price was $54,000.00. this regions is classified as the Brownsville metro area. The location in degrees is 26° 8' 44.988" N, 98° 7' 9.768" W. The county F.I.P.S. is 48215. This zip code contains five cities including Alamo, TX (18.57%), South Alamo, TX (5.33%), North Alamo, TX (2.93%), Donna, TX (0.19%), and San Juan, TX (0.17%) The total land area is 38.0 square miles and the water area is 0.2 square miles. The elevation in this area is 89 - 95 feet. The zip code is on central standard time and observes daylight savings time.
The zip 78516 is in county number 215 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 35,371 in 2019 and 33,722 in 2010. Of this, the break down in 2019 was 33,912 urban and 1,458 rural. This further breaks down to 17,027 males (48.1%) and 18,344 females (51.9%). The median age of residents is 28.3 years. The population of the greater McAllen-Edinburg-Mission, TX area is 764,406. The population density (people per square mile) is 930. This zip code has a combined total of 11,912 houses and condos. There are 2,308 rented appartments. 24% of residents rent versus the 24% 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 $27,772 and the average salary is $25,148. The median household income of individuals is $25,584.00 and the average is $33,670.00. This zip code has a mean commute time to work of 20.6 minutes. The unemployment rate is 4.5%. Income earners by percent breakdown as 80.70% (Under $50,000), 15.50% ($50,000-$100,000), and 3.70% earn over $100,000. 30.9% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 80.3. The educational breakdown is 57.7% have a high school education or higher, 10.3% have a bachelor's degree or higher, and 1.8% have some kind of profesional degree.
This area has 9,114 households and the average size is 3.7 people. Individuals who are single and have never been married are 32.1%, 52.5% are now married, 2.6% are separated, 6.7% are widowed, and 6.0% are divorced. The average yearly contribution amount given by people to charity was $3,340 versus the state average of $6,808. The percent of residents who gave to charity was 7.8%.
The estimated median value of houses and condos is $69,109. The median monthly owner costs of mortgage holders was $1,045, where as the costs for those who don't have a mortgage are $325. The median number of rooms in houses and condos are 5.0 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.8% which equated to an average real estate tax amount payment of $1,272. 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 2.3% which amounted to an average tax amount of $2,208. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.7% which amounted to an average tax amount of $963. Reported taxable interest for persons was $1,766, dividends $6,487, capital gains +$4,136, and itemized deductions $19,553. The average earned income tax credit is $3,277. The percent of individuals that use a tax preparer is 66.9%. The total average income taxes paid by individuals was $3,973. Businesses reported an average profit of $7,899.
Olys Antojitos Mexicanos
923 S Alamo Rd, Alamo, TX 78516
Willie B's Barbeque
1028 W Bowie Ave, Alamo, TX 78516
The Original Willies's BBQ
320 S Alamo Rd, Alamo, TX 78516
La Cabra Drive Thru
1042 Ellis Ave, Alamo, TX 78516
Sunset BBQ House
401 E Us Highway 83, Alamo, TX 78516
Dq
933 W Us Highway 83, Alamo, TX 78516
Wing Street
522 N Alamo Rd, Alamo, TX 78516
Marisco's La Costa Restaurant
511 N Alamo Rd, Alamo, TX 78516
La Pachanga Restaurant
715 W Frontage Rd Ste F, Alamo, TX 78516
Los Guisos Restaurant
943 S Alamo Rd, Alamo, TX 78516
El Marizqero Restaurant
1042 Ellis Ave, Alamo, TX 78516
Alamo Restaurant
125 N 9th St, Alamo, TX 78516
Taqueria Vega
1716 N Alamo Rd, Alamo, TX 78516
Alamo Tortilleria & Bakery
127 N 9th St, Alamo, TX 78516
Manjar Bakery
923 S Alamo Rd, Alamo, TX 78516
Taqueria El Zarape
1451 W Duranta Ave, Alamo, TX 78516
El Manjar Bakery
963 W Us Highway 83, Alamo, TX 78516
Laredo Taco Company
946 N Alamo Rd, Alamo, TX 78516
Gorditas & Tacos Tomasita
1301 W Us Highway 83, Alamo, TX 78516
Taqueria Y Restaurant El Mechon
920 W Acacia Ave, Alamo, TX 78516
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