Interested in purchasing investment houses in the 79342 zip code in Loop, TX?
The zip code 79342 is in Gaines county with a latitude of -102.336590000000 and longitude of 32.908190000000, is in the state of Texas. The average asking price of houses and condos is $48,000.00 and the average sale price was $68,567.00. this regions is classified as the Lubbock metro area and is in the 806 area code. The location in degrees is 32° 54' 29.484" N, 102° 20' 11.724" W. The county F.I.P.S. is 48165. The total land area is 95.7 square miles and the water area is 0.0 square miles. The elevation in this area is 3169 - 3317 feet. The zip code is on central standard time and observes daylight savings time.
The zip 79342 is in county number 165 and is L. Sector 03, L. Segment 01, H. Sector 53, and H. Segment 53. The population was 521 in 2019 and 352 in 2010. This further breaks down to 295 males (56.6%) and 226 females (43.4%). The median age of residents is 32.9 years. The population density (people per square mile) is 5. This zip code has a combined total of 186 houses and condos. There are 58 rented appartments. 39% of residents rent versus the 39% 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 $48,364 and the average salary is $46,373. The median household income of individuals is $38,878.00 and the average is $62,740.00. This zip code has a mean commute time to work of 18.5 minutes. The unemployment rate is 0.9%. Income earners by percent breakdown as 64.20% (Under $50,000), 23.30% ($50,000-$100,000), and 12.50% earn over $100,000. 6.2% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 76.1. The educational breakdown is 73.3% have a high school education or higher, 20.4% have a bachelor's degree or higher, and 14.0% have some kind of profesional degree.
This area has 124 households and the average size is 3.5 people. Individuals who are single and have never been married are 14.5%, 79.2% are now married, 0.0% are separated, 6.3% are widowed, and 0.0% are divorced.
The estimated median value of houses and condos is $86,359. The median monthly owner costs of mortgage holders was $1,157, where as the costs for those who don't have a mortgage are $350. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $1,139. 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 $1,266. 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 $1,069. Reported taxable interest for persons was $567. The average earned income tax credit is $2,300. The percent of individuals that use a tax preparer is 71.4%.
La Hacienda Restaurant
1011 12 Seagraves, Loop, TX 79342
R-Place-Cafe
Fm 303, Loop, TX 79342
Diner
303 W 3 St, Wellman, TX 79378 (9.1 miles away)
La Mexicana Burrito Express
410 15th St, Seagraves, TX 79359 (9.1 miles away)
The Outhouse
Welch, TX 79377 (17.1 miles away)
Platinum H Steakhouse
1316 Tahoka Rd, Brownfield, TX 79316 (19.5 miles away)
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