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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is −3.6% YoY. inventory, −1.8% YoY, is the number to watch.
The median listing price is down 3.6% YoY while the median home got down 2.9% bigger, so value per square foot is down 0.4%.
U.S. Census ACS characteristics for ZIP 79707 itself, not its parent county.
Renters hold 40.0% of this ZIP's 15,796 occupied households, on a median household income of $100K.
| Measure | ZIP 79707 | Midland County | Difference |
|---|---|---|---|
| Median Household Income | $100K | $93K | +$7K |
| Below Poverty Level | 9.0% | 11.3% | -2.3% |
| Median Age | 31.60 | 32.80 | -1.20 |
| Total Population | 40,010 | 174,801 | -- |
| Avg Household Size | 2.50 | 2.56 | -0.06 |
| Owner-Occupied | 60.0% | 67.6% | -7.6% |
| Worked From Home | 7.2% | 5.3% | +1.9% |
| Mean Commute | 21.50 | 21.70 | -0.20 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 1.9% to 174,801: residents under 18 are up 2.4% and those 65 and over are up 3.0%.
County median household income is $93K, 11.3% of residents are below the poverty level, 5.3% work from home.