ZIP Code 79740 — undefined, undefined Demographics & Data

ZIP code 79740 covers ZIP 79740 with a population of about 5,024.

At a glance, the area shows median age of 40.3 (near the U.S. median).

It sits in the ODESSA - MIDLAND media market.

Median household income in ZIP 79740 is about $74,107 — about even with the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 32.4%; unemployment rate near 0.2%; 9.5% of adults with a bachelor’s degree or higher (about 24.2 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Retail trade, Mining, and Education; about 8.9% of workers reporting work-from-home (about 6.3 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $111,600 — about 68% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 86.7% (about 21.3 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 79740, a household would need roughly $31,000 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 $717. That sits below the local median household income ($74,107), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.