Interested in purchasing investment houses in the 78575 zip code in Olmito, TX?
The zip code 78575 is in Cameron county with a latitude of -97.527670000000 and longitude of 26.024750000000, is in the state of Texas. The average asking price of houses and condos is $169,957.00 and the average sale price was $64,277.00. this regions is classified as the Brownsville metro area. The location in degrees is 26° 1' 29.1" N, 97° 31' 39.612" W. The county F.I.P.S. is 48061. This zip code contains three cities including Brownsville, TX (58.95%), Rancho Viejo, TX (17.03%), and Olmito, TX (5.63%) The total land area is 12.3 square miles and the water area is 0.5 square miles. The elevation in this area is 26 - 36 feet. The zip code is on central standard time and observes daylight savings time.
The zip 78575 is in county number 061 and is L. Sector 00, L. Segment 01, H. Sector 15, and H. Segment 15. The population was 12,348 in 2019 and 8,056 in 2010. Of this, the break down in 2019 was 10,573 urban and 1,774 rural. This further breaks down to 6,177 males (50.0%) and 6,171 females (50.0%). The median age of residents is 34.3 years. The population of the greater Brownsville-Harlingen, TX area is 404,699. The population density (people per square mile) is 1,002. This zip code has a combined total of 4,078 houses and condos. There are 905 rented appartments. 26% of residents rent versus the 26% 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 $68,003 and the average salary is $52,478. The median household income of individuals is $47,588.00 and the average is $88,440.00. This zip code has a mean commute time to work of 23.4 minutes. The unemployment rate is 2.4%. Income earners by percent breakdown as 52.00% (Under $50,000), 26.50% ($50,000-$100,000), and 21.40% earn over $100,000. 15.8% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 79.5. The educational breakdown is 82.6% have a high school education or higher, 32.2% have a bachelor's degree or higher, and 12.4% have some kind of profesional degree.
This area has 2,482 households and the average size is 3.5 people. Individuals who are single and have never been married are 25.9%, 55.6% are now married, 5.5% are separated, 5.5% are widowed, and 7.4% are divorced. The average yearly contribution amount given by people to charity was $3,919 versus the state average of $6,808. The percent of residents who gave to charity was 18.7%.
The estimated median value of houses and condos is $139,435. The median monthly owner costs of mortgage holders was $1,507, where as the costs for those who don't have a mortgage are $498. The median number of rooms in houses and condos are 5.5 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 2.1% which equated to an average real estate tax amount payment of $2,934. 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 2.1% which amounted to an average tax amount of $3,055. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.0% which amounted to an average tax amount of $2,806. Reported taxable interest for persons was $3,567, dividends $10,144, capital gains +$28,626, and itemized deductions $21,964. The average earned income tax credit is $2,743. The percent of individuals that use a tax preparer is 61.1%. The total average income taxes paid by individuals was $7,429. Businesses reported an average profit of $22,842.
Bardot
7000 N Expressway 77, Olmito, TX 78575
Kikis Restaurant
7035 N Expressway 77, Olmito, TX 78575
Zamora's Restaurant and Bar
125 Fm 511, Olmito, TX 78575
Laredo Taco Company
7900 N Expressway 77, Olmito, TX 78575
Hernandez Tortilleria
9055 Fm 1732, Olmito, TX 78575
El Santuario Tacos & Cocktails
7077 N Expressway 77, Olmito, TX 78575
Tacos Puente
7105 Parker Ave, Olmito, TX 78575
Flying Pig Grill Cantina
7197 N Expressway 77, Olmito, TX 78575
Wild West Grill & Bar
8045 N Expressway 77, Olmito, TX 78575
Hernandez Tortilleria
7221 Gay St, Olmito, TX 78575
Mmm Tortilleria
9055 Fm 1732, Olmito, TX 78575
La Guera Micheladas
6933 N Expressway 77, Olmito, TX 78575
Mr Taco
7097 N Expressway 77, Olmito, TX 78575
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