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Investors
Interested in purchasing investment houses in the 79706 zip code in Midland, TX?
Detailed Demographic Statistics
The zip code 79706 is in Midland county, is in the state of Texas. This zip code contains two cities including Midland, TX (0.92%), and Odessa, TX (0.19%) The total land area is 743.9 square miles and the water area is 1.4 square miles.
The zip 79706 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 25,936 in 2019 and 19,571 in 2010. Of this, the break down in 2019 was 8,741 urban and 17,194 rural. This further breaks down to 12,650 males (48.8%) and 13,286 females (51.2%). The median age of residents is 30.2 years. The population density (people per square mile) is 35. This zip code has a combined total of 8,368 houses and condos. There are 1,687 rented appartments. 22% of residents rent versus the 22% of residents in the state who rent.
The average individual gross adjusted income is $79,236 and the average salary is $57,324. The estimated median household income of individuals is around $89,688. This zip code has a mean commute time to work of 25.0 minutes. The unemployment rate is 2.6%. 6.6% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 81.0. The educational breakdown is 83.0% have a high school education or higher, 20.2% have a bachelor's degree or higher, and 4.8% have some kind of profesional degree.
The average size of households is 3.4 people. Individuals who are single and have never been married are 25.7%, 58.8% are now married, 0.9% are separated, 3.3% are widowed, and 11.3% are divorced. The average yearly contribution amount given by people to charity was $9,797 versus the state average of $6,808. The percent of residents who gave to charity was 12.2%.
The estimated median value of houses and condos is $209,981. The median monthly owner costs of mortgage holders was $1,776, where as the costs for those who don't have a mortgage are $571. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $2,700. 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 1.2% which amounted to an average tax amount of $3,139. 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 $1,677. Reported taxable interest for persons was $1,447, dividends $4,516, capital gains +$56,367, and itemized deductions $23,842. The average earned income tax credit is $2,570. The percent of individuals that use a tax preparer is 61.1%. The total average income taxes paid by individuals was $4,653. Businesses reported an average profit of $18,871.Local Restaurants
Clear Springs Restaurant
5707 Andrews Hwy, Midland, TX 79706
Dylan's Burritos
5113 S State Highway 349, Midland, TX 79706
Champs Chicken
6601 Fm 307, Midland, TX 79706
Top Notch
5707 S Fm 1788, Midland, TX 79706
Moe's Southwest Grill
3302 E State Highway 158, Midland, TX 79706