Interested in purchasing investment houses in the 79407 zip code in Lubbock, TX?
The zip code 79407 is in both Hockley and Lubbock counties with a latitude of -102.079320000000 and longitude of 33.563170000000, is in the state of Texas. The average asking price of houses and condos is $310,381.00 and the average sale price was $128,600.00. this regions is classified as the Lubbock metro area and is in the 806 area code. The location in degrees is 33° 33' 47.412" N, 102° 4' 45.552" W. The county F.I.P.S. is 48303. The total land area is 70.8 square miles and the water area is 0.2 square miles. The elevation in this area is 3245 - 3383 feet. The zip code is on central standard time and observes daylight savings time.
The zip 79407 is in county number 219 and is L. Sector 94, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 23,055 in 2019 and 19,068 in 2010. Of this, the break down in 2019 was 19,800 urban and 3,254 rural. This further breaks down to 11,106 males (48.2%) and 11,948 females (51.8%). The median age of residents is 30.3 years. The population of the greater Lubbock, TX area is 276,354. The population density (people per square mile) is 326. This zip code has a combined total of 10,689 houses and condos. There are 5,309 rented appartments. 55% of residents rent versus the 55% 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 $62,464 and the average salary is $44,385. The median household income of individuals is $35,781.00 and the average is $70,370.00. This zip code has a mean commute time to work of 16.6 minutes. The unemployment rate is 4.6%. Income earners by percent breakdown as 65.90% (Under $50,000), 25.10% ($50,000-$100,000), and 9.10% earn over $100,000. 17.1% 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 89.3% have a high school education or higher, 30.2% have a bachelor's degree or higher, and 12.3% have some kind of profesional degree.
This area has 7,667 households and the average size is 2.3 people. Individuals who are single and have never been married are 41.8%, 36.0% are now married, 1.4% are separated, 5.7% are widowed, and 15.1% are divorced. The average yearly contribution amount given by people to charity was $10,895 versus the state average of $6,808. The percent of residents who gave to charity was 13.6%.
The estimated median value of houses and condos is $126,276. The median monthly owner costs of mortgage holders was $1,278, where as the costs for those who don't have a mortgage are $497. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 3.7.
The real estate tax percent rate is 1.6% which equated to an average real estate tax amount payment of $2,007. 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 1.7% which amounted to an average tax amount of $2,473. 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 $1,605. Reported taxable interest for persons was $3,053, dividends $8,109, capital gains +$50,589, and itemized deductions $29,628. The average earned income tax credit is $2,340. The percent of individuals that use a tax preparer is 44.5%. The total average income taxes paid by individuals was $6,860. Businesses reported an average profit of $17,605.
Saltgrass Steak House
6026 Marsha Sharp Fwy, Lubbock, TX 79407
Fazoli's
1902 W Loop 289, Lubbock, TX 79407
Powell's Country BBQ
7729 19th St, Lubbock, TX 79407
Bone Daddy's
3008 W Loop 289, Lubbock, TX 79407
Chicken Run
1910 Quaker Ave Ste 100, Lubbock, TX 79407
Dq
5735 19th St, Lubbock, TX 79407
Aspen Creek Grill
3012 W Loop 289, Lubbock, TX 79407
Crumbl Cookies - Lubbock
6076 Marsha Sharp Fwy Ste 450, Lubbock, TX 79407
Josie's Restaurant
6606 19th St, Lubbock, TX 79407
Pupuseria Y Restaurante 'el
9608 County Road 6900, Lubbock, TX 79407
Buffalo Wild Wings
6320 19th St, Lubbock, TX 79407
P.F. Chang's
2906 W Loop 289, Lubbock, TX 79407
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