Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

ZIP Code 79111

Learn about the people, housing, costs and businesses in 79111

Median Home$224,100
Median Rent$1,220/month
Population6,891
Leading IndustriesInformation & Media · Finance & Insurance · Wholesale Trade16% information & media
Home Value Growth+7.0% over 2 years
Young Adults33% of residentsabove average nationally
Renters84% of occupied units
ZIP Code
79111

Frequently Asked Questions

What are today's mortgage rates in ZIP code 79111?

As of today, the 30-year fixed mortgage rate for ZIP code 79111 is approximately 6.959% (7.000% 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 79111
What is the median home price in ZIP code 79111?

The median home value in ZIP code 79111 is $224k. The median monthly rent is $1,220. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 79111?

Home values in ZIP code 79111 have increased 7.0% over the past two years. This represents moderate growth. 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 79111?

Based on a typical all-in ownership cost of $1,220/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 79111 is $82k/year.

Calculate your buying power
What industries drive the economy in ZIP code 79111?

The largest employment sectors in ZIP code 79111 are public administration (19%) and information and media (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

Nearby Areas

Other ZIP codes in AMARILLO