Interested in purchasing investment houses in the 78950 zip code in New Ulm, TX?
The zip code 78950 is in both Austin and Colorado counties with a latitude of -96.481930000000 and longitude of 29.902550000000, is in the state of Texas. The average asking price of houses and condos is $307,077.00 and the average sale price was $182,402.00. this regions is classified as the Houston metro area and is in the 979 area code. The location in degrees is 29° 54' 9.18" N, 96° 28' 54.948" W. The county F.I.P.S. is 48015. The total land area is 110.3 square miles and the water area is 0.9 square miles. The elevation in this area is 259 - 407 feet. The zip code is on central standard time and observes daylight savings time.
The zip 78950 is in county number 015 and is L. Sector 99, L. Segment 98, H. Sector 98, and H. Segment 98. The population was 1,829 in 2019 and 2,038 in 2010. This further breaks down to 926 males (50.7%) and 902 females (49.3%). The median age of residents is 59.2 years. The population of the greater Houston-Sugar Land-Baytown, TX area is 6,017,013. The population density (people per square mile) is 17. This zip code has a combined total of 1,355 houses and condos. There are 55 rented appartments. 7% of residents rent versus the 7% 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 $89,455 and the average salary is $61,798. The median household income of individuals is $49,413.00 and the average is $82,130.00. This zip code has a mean commute time to work of 27.1 minutes. Income earners by percent breakdown as 50.50% (Under $50,000), 34.20% ($50,000-$100,000), and 15.30% earn over $100,000. 5.7% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 81.2. The educational breakdown is 90.5% have a high school education or higher, 22.0% have a bachelor's degree or higher, and 7.3% have some kind of profesional degree.
This area has 880 households and the average size is 2.2 people. Individuals who are single and have never been married are 16.8%, 68.3% are now married, 0.0% are separated, 7.4% are widowed, and 7.6% are divorced. The average yearly contribution amount given by people to charity was $7,100 versus the state average of $6,808. The percent of residents who gave to charity was 19.3%.
The estimated median value of houses and condos is $243,264. The median monthly owner costs of mortgage holders was $1,343, where as the costs for those who don't have a mortgage are $584. The median number of rooms in houses and condos are 5.5 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 $2,761. 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 1.0% which amounted to an average tax amount of $2,427. 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 $3,175. Reported taxable interest for persons was $2,450, dividends $6,832, capital gains +$12,036, and itemized deductions $27,045. The average earned income tax credit is $2,256. The percent of individuals that use a tax preparer is 67.0%. The total average income taxes paid by individuals was $6,914. Businesses reported an average profit of $21,008.
Texas Star Cafe
24131 Bastrop St, New Ulm, TX 78950
Cascades Restaurant
1750 N Falls Dr, New Ulm, TX 78950
Dry Creek Ice House
508 Front St, New Ulm, TX 78950
Tin Lizzie's
639 Taylor St, New Ulm, TX 78950
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