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Garland city, TX

ZIP 75040 — Housing & Real Estate

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

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 75040

Median Home Value
$245,400
Median Rent
$1,429
Affordability Snapshot
$68,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,576/mo PITI).

23%
Rent-to-Income Ratio

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

3.3x
Home Price-to-Income Ratio

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

14.3 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 75040 in Garland city, TX, a household would need roughly $68,000 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 $1,576. That is roughly in line with the local median household income ($73,537). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
68.4%+5% vs US avg
x
Vacancy Rate
5.1%-50% vs US avg
x
Broadband Access
94.3%+8% vs US avg
x
4+ Bedrooms
1.3%-91% vs US avg
x
Built Pre-1939
2.2%-83% vs US avg
x
Built Post-2014
2.2%-68% vs US avg
x
Rent Burden >30%
21.5%-57% vs US avg
x
Mortgage-Free
43.4%+14% vs US avg
x
$245,400
Home Value
$1,429
Rent
1980
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached78.5%
  • 1-unit attached2.6%
  • 2-9 units3.7%
  • 10+ units14.6%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$245,400
Median rent$1,429
Owner-occupied68.4%
Vacant5.1%
Price-to-income3.3x
Est. income to buy$68,000