Interested in purchasing investment houses in the 75216 zip code in Dallas, TX?
The zip code 75216 is in Dallas county with a latitude of -96.783690000000 and longitude of 32.711620000000, is in the state of Texas. The average asking price of houses and condos is $48,293.00 and the average sale price was $25,200.00. this regions is classified as the Dallas - Fort Worth metro area and consists of the following area codes: 214, 469, and 972. The location in degrees is 32° 42' 41.832" N, 96° 47' 1.284" W. The county F.I.P.S. is 48113. The total land area is 14.6 square miles and the water area is 0.2 square miles. The elevation in this area is 410 - 538 feet. The zip code is on central standard time and observes daylight savings time.
The zip 75216 is in county number 113 and is L. Sector 10, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 53,908 in 2019 and 49,416 in 2010. Of this, the break down in 2019 was 53,765 urban and 142 rural. This further breaks down to 25,667 males (47.6%) and 28,241 females (52.4%). The median age of residents is 34.6 years. The population of the greater Dallas-Fort Worth-Arlington, TX area is 6,540,927. The population density (people per square mile) is 3,688. This zip code has a combined total of 21,461 houses and condos. There are 9,558 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 $23,333 and the average salary is $22,620. The median household income of individuals is $30,619.00 and the average is $28,270.00. This zip code has a mean commute time to work of 31.5 minutes. The unemployment rate is 7.0%. Income earners by percent breakdown as 71.90% (Under $50,000), 22.40% ($50,000-$100,000), and 5.80% earn over $100,000. 30.4% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 92.8. The educational breakdown is 66.7% have a high school education or higher, 7.5% have a bachelor's degree or higher, and 2.0% have some kind of profesional degree.
This area has 16,784 households and the average size is 2.9 people. Individuals who are single and have never been married are 41.8%, 31.5% are now married, 4.5% are separated, 8.1% are widowed, and 14.1% are divorced. The average yearly contribution amount given by people to charity was $5,309 versus the state average of $6,808. The percent of residents who gave to charity was 6.2%.
The estimated median value of houses and condos is $77,181. The median monthly owner costs of mortgage holders was $1,061, where as the costs for those who don't have a mortgage are $320. The median number of rooms in houses and condos are 5.6 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $1,025. 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 1.6% which amounted to an average tax amount of $1,457. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.2% which amounted to an average tax amount of $848. Reported taxable interest for persons was $611, dividends $4,802, capital gains +$3,641, and itemized deductions $16,392. The average earned income tax credit is $2,848. The percent of individuals that use a tax preparer is 62.7%. The total average income taxes paid by individuals was $2,429. Businesses reported an average profit of $5,196.
Seafood Connection
1427 E Illinois Ave, Dallas, TX 75216
Wingfield's Breakfast & Burger
2615 S Beckley Ave, Dallas, TX 75224 (2.5 miles away)
Spiral Diner & Bakery
1101 N Beckley Ave, Dallas, TX 75203 (2.7 miles away)
Louisiana Catfish
6090 Highland Hills Dr, Dallas, TX 75241 (2.7 miles away)
Eno's Pizza Tavern
407 N Bishop Ave, Dallas, TX 75208 (3.8 miles away)
The Keg Steakhouse & Bar
859 W John W Carpenter Fw, Coppell, TX 75099 (4.3 miles away)