Interested in purchasing investment houses in the 79701 zip code in Midland, TX?
The zip code 79701 is in Midland county with a latitude of -102.081470000000 and longitude of 31.992370000000, is in the state of Texas. The average asking price of houses and condos is $136,812.00 and the average sale price was $94,000.00. this regions is classified as the Odessa - Midland metro area and is in the 432 area code. The location in degrees is 31° 59' 32.532" N, 102° 4' 53.292" W. The county F.I.P.S. is 48329. The total land area is 11.9 square miles and the water area is 0.0 square miles. The elevation in this area is 2749 - 2805 feet. The zip code is on central standard time and observes daylight savings time.
The zip 79701 is in county number 135 and is L. Sector 99, L. Segment 48, H. Sector 48, and H. Segment 48. The population was 32,570 in 2019 and 27,728 in 2010. Of this, the break down in 2019 was 32,540 urban and 29 rural. This further breaks down to 16,206 males (49.8%) and 16,363 females (50.2%). The median age of residents is 30.2 years. The population of the greater Midland, TX area is 133,025. The population density (people per square mile) is 2,739. This zip code has a combined total of 11,295 houses and condos. There are 3,417 rented appartments. 34% of residents rent versus the 34% 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 $75,903 and the average salary is $43,489. The median household income of individuals is $33,642.00 and the average is $88,310.00. This zip code has a mean commute time to work of 19.3 minutes. The unemployment rate is 4.7%. Income earners by percent breakdown as 68.10% (Under $50,000), 21.70% ($50,000-$100,000), and 10.20% earn over $100,000. 13.8% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 83.5. The educational breakdown is 69.5% have a high school education or higher, 16.3% have a bachelor's degree or higher, and 3.3% have some kind of profesional degree.
This area has 9,364 households and the average size is 3.1 people. Individuals who are single and have never been married are 34.2%, 45.3% are now married, 3.8% are separated, 5.2% are widowed, and 11.5% are divorced. The average yearly contribution amount given by people to charity was $26,685 versus the state average of $6,808. The percent of residents who gave to charity was 9.7%.
The estimated median value of houses and condos is $139,545. The median monthly owner costs of mortgage holders was $1,352, where as the costs for those who don't have a mortgage are $463. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $1,746. 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 1.3% which amounted to an average tax amount of $2,393. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $1,229. Reported taxable interest for persons was $10,116, dividends $35,890, capital gains +$157,170, and itemized deductions $42,444. The average earned income tax credit is $2,594. The percent of individuals that use a tax preparer is 62.5%. The total average income taxes paid by individuals was $7,842. Businesses reported an average profit of $17,946.
Thai House
9 Meta Dr, Midland, TX 79701
Scotty's Soul Food and Barbeque
523 E Illinois Ave, Midland, TX 79701
Kd's Bar-B-Q
3109 Garden City Hwy, Midland, TX 79701
K D's Bar-B-Q II Go
3113 Garden City Hwy, Midland, TX 79701
Johnny's Barbecue
316 N Big Spring St, Midland, TX 79701
Dickey's Barbecue Pit
2212 Rankin Hwy, Midland, TX 79701
Main Street Diner
611 S Main St, Midland, TX 79701
Grand Buffet
2510 W Louisiana Ave, Midland, TX 79701
Thai House
Midland, TX 79701
Cattle Baron
418 W Wadley Ave, Midland, TX 79705 (3.2 miles away)
Chinese Kitchen
4316 W Illinois Ave, Midland, TX 79703 (4.5 miles away)
Saltgrass Steak House
4511 W Loop 250 N, Midland, TX 79707 (5.4 miles away)
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