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ZIP Code 76240

Learn about the people, housing, costs and businesses in 76240

Median Home$201,973
Median Rent$1,048/month
Population19,217
Leading IndustriesManufacturing · Professional Services2% manufacturing
Home Value Growth⬆⬆+14.9% over 2 years
Young Adults28% of residentsnear the national average
Homeowners68% of occupied units
ZIP Code
76240

Frequently Asked Questions

What are today's mortgage rates in ZIP code 76240?

As of today, the 30-year fixed mortgage rate for ZIP code 76240 is approximately 7.039% (7.080% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 76240
What is the median home price in ZIP code 76240?

The median home value in ZIP code 76240 is $202k. The median monthly rent is $1,048. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 76240?

Home values in ZIP code 76240 have increased 14.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 76240?

Based on a typical all-in ownership cost of $1,053/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 76240 is $68k/year.

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What industries drive the economy in ZIP code 76240?

The largest employment sectors in ZIP code 76240 are public administration (22%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

Nearby Areas

Other ZIP codes in GAINESVILLE