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ZIP 70602 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 70602

Median Home Value
$243,000
Median Rent
$723
Affordability Snapshot
$67,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,561/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

28.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 70602, a household would need roughly $67,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,561. That is about 18% above the local median household income ($56,792), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 29% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
55.7%-15% vs US avg
x
Vacancy Rate
29.2%+183% vs US avg
x
Broadband Access
90.2%+4% vs US avg
x
4+ Bedrooms
3.2%-79% vs US avg
x
Built Pre-1939
4.7%-63% vs US avg
x
Built Post-2014
3.2%-53% vs US avg
x
Rent Burden >30%
16.7%-66% vs US avg
x
Mortgage-Free
41.7%+9% vs US avg
x
$243,000
Home Value
$723
Rent
1971
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached49.2%
  • 1-unit attached0.6%
  • 2-9 units23.7%
  • 10+ units26.5%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$243,000
Median rent$723
Owner-occupied55.7%
Vacant29.2%
Price-to-income4.3x
Est. income to buy$67,000