Interested in purchasing investment houses in the 79416 zip code in Lubbock, TX?
The zip code 79416 is in Lubbock county with a latitude of -101.976480000000 and longitude of 33.604290000000, is in the state of Texas. The average asking price of houses and condos is $155,503.00 and the average sale price was $118,500.00. this regions is classified as the Lubbock metro area and is in the 806 area code. The location in degrees is 33° 36' 15.444" N, 101° 58' 35.328" W. The county F.I.P.S. is 48303. The total land area is 32.1 square miles and the water area is 0.3 square miles. The elevation in this area is 3219 - 3304 feet. The zip code is on central standard time and observes daylight savings time.
The zip 79416 is in county number 303 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 34,496 in 2019 and 32,296 in 2010. Of this, the break down in 2019 was 31,706 urban and 2,789 rural. This further breaks down to 16,484 males (47.8%) and 18,011 females (52.2%). The median age of residents is 29.4 years. The population of the greater Lubbock, TX area is 276,354. The population density (people per square mile) is 1,073. This zip code has a combined total of 15,092 houses and condos. There are 6,648 rented appartments. 51% of residents rent versus the 51% 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 $55,266 and the average salary is $42,740. The median household income of individuals is $43,003.00 and the average is $58,240.00. This zip code has a mean commute time to work of 17.2 minutes. The unemployment rate is 1.8%. Income earners by percent breakdown as 56.50% (Under $50,000), 31.50% ($50,000-$100,000), and 12.00% earn over $100,000. 18.9% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 84.7. The educational breakdown is 91.2% have a high school education or higher, 34.5% have a bachelor's degree or higher, and 13.9% have some kind of profesional degree.
This area has 12,980 households and the average size is 2.6 people. Individuals who are single and have never been married are 40.2%, 44.3% are now married, 1.4% are separated, 4.4% are widowed, and 9.7% are divorced. The average yearly contribution amount given by people to charity was $8,237 versus the state average of $6,808. The percent of residents who gave to charity was 15.5%.
The estimated median value of houses and condos is $151,487. The median monthly owner costs of mortgage holders was $1,394, where as the costs for those who don't have a mortgage are $584. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 1.7% which equated to an average real estate tax amount payment of $2,644. 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 1.8% which amounted to an average tax amount of $2,951. 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 $2,020. Reported taxable interest for persons was $2,059, dividends $6,660, capital gains +$30,803, and itemized deductions $22,254. The average earned income tax credit is $2,282. The percent of individuals that use a tax preparer is 41.9%. The total average income taxes paid by individuals was $5,244. Businesses reported an average profit of $12,814.
Cagle Steaks
8732 4th St, Lubbock, TX 79416
The Shack
2309 N Frankford Ave, Lubbock, TX 79416
Pinkie's Barbecue
4704 4th St, Lubbock, TX 79416
Mikjack's Bbq
5023 Hanover St, Lubbock, TX 79416
Hub City Wings
417 Frankford Ave, Lubbock, TX 79416
Beef 'O' Bradys
5510 4th St Ste 280, Lubbock, TX 79416
George's
5407 4th St Unit I, Lubbock, TX 79416
I Love Pho
405 Slide Rd Ste 112, Lubbock, TX 79416
Chop Chop
5707 4th St, Lubbock, TX 79416
Slim Chickens
5508 4th St, Lubbock, TX 79416
Dimba's Chicken & Seafood
421 Frankford Ave, Lubbock, TX 79416
China Express
5510 4th St Ste #250, Lubbock, TX 79416
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