Interested in purchasing investment houses in the 79705 zip code in Midland, TX?
The zip code 79705 is in Midland county with a latitude of -102.059550000000 and longitude of 32.051140000000, is in the state of Texas. The average asking price of houses and condos is $255,129.00 and the average sale price was $66,500.00. this regions is classified as the Odessa - Midland metro area and is in the 432 area code. The location in degrees is 32° 3' 4.104" N, 102° 3' 34.38" W. The county F.I.P.S. is 48329. The total land area is 35.6 square miles and the water area is 0.0 square miles. The elevation in this area is 2743 - 2812 feet. The zip code is on central standard time and observes daylight savings time.
The zip 79705 is in county number 329 and is L. Sector 15, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 42,390 in 2019 and 33,536 in 2010. Of this, the break down in 2019 was 38,791 urban and 3,598 rural. This further breaks down to 21,716 males (51.2%) and 20,673 females (48.8%). The median age of residents is 33.3 years. The population of the greater Midland, TX area is 133,025. The population density (people per square mile) is 1,192. This zip code has a combined total of 16,266 houses and condos. There are 4,785 rented appartments. 32% of residents rent versus the 32% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $118,668 and the average salary is $71,507. The median household income of individuals is $56,501.00 and the average is $136,370.00. This zip code has a mean commute time to work of 19.6 minutes. The unemployment rate is 2.5%. Income earners by percent breakdown as 44.90% (Under $50,000), 30.90% ($50,000-$100,000), and 24.20% earn over $100,000. 9.3% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 85.3. The educational breakdown is 88.0% have a high school education or higher, 35.9% have a bachelor's degree or higher, and 10.2% have some kind of profesional degree.
This area has 12,946 households and the average size is 2.8 people. Individuals who are single and have never been married are 29.3%, 50.6% are now married, 1.6% are separated, 5.1% are widowed, and 13.4% are divorced. The average yearly contribution amount given by people to charity was $18,096 versus the state average of $6,808. The percent of residents who gave to charity was 22.2%.
The estimated median value of houses and condos is $275,220. The median monthly owner costs of mortgage holders was $1,975, where as the costs for those who don't have a mortgage are $640. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 1.5% which equated to an average real estate tax amount payment of $4,018. 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 1.5% which amounted to an average tax amount of $4,582. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $3,129. Reported taxable interest for persons was $3,219, dividends $25,391, capital gains +$133,906, and itemized deductions $32,589. The average earned income tax credit is $2,317. The percent of individuals that use a tax preparer is 55.9%. The total average income taxes paid by individuals was $6,918. Businesses reported an average profit of $23,775.
Cattle Baron
418 W Wadley Ave, Midland, TX 79705
Outback Steakhouse
2314 W Loop 250 N, Midland, TX 79705
Churrasca Brazillian Steakhouse
4610 N Garfield St, Midland, TX 79705
LongHorn Steakhouse
3401 W Loop 250 N, Midland, TX 79705
Ray's Italian Bistro
2300 W Wadley Ave, Midland, TX 79705
Shogun Steak House
4610 N Garfield St Ste A1, Midland, TX 79705
Hayashi Japanese Steakhouse
4400 N Big Spring St, Midland, TX 79705
Sam's Bar B Que
1113 E Scharbauer Dr, Midland, TX 79705
Michael's Charcoal Grill
723 W Wadley Ave, Midland, TX 79705
Garlic Press
2200 W Wadley Ave, Midland, TX 79705
Ranchland Hills Golf Club
1600 E Wadley Ave, Midland, TX 79705
Athenian Restaurant
4610 N Garfield St Ste B11, Midland, TX 79705
Dos Compadres
2200 W Wadley Ave Ste 1, Midland, TX 79705
I Luv Pho
3303 N Midkiff Rd, #135, Midland, TX 79705
Venezia Restaurant
2101 W Wadley Ave Ste 20, Midland, TX 79705
Champs Chicken
4921 E Loop 250 N, Midland, TX 79705
Taste of China
4400 N Big Spring St Ste D53, Midland, TX 79705
Mulberry Cafe
2101 W Wadley Ave, Midland, TX 79705
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