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These days, finding an affordable place to live in the 78562 area can be challenging. Home prices in 78562 are now at a median cost of $69,863, lower than the Texas average of $322,096.
The average cost of rent is $373/mo in 78562, primarily driven by the current value of real estate in the 78562 area. In 78562, 19.32% of households rent, and 87.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 78562 is $2,644 per month. Households that rent pay about 14.13% of their income on rent here. 78562’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 78543, TX: higher priced homes
- 78538, TX: higher priced homes
- 78593, TX: higher priced homes
- 78558, TX: equally priced homes
- 78599, TX: higher priced homes
- 78570, TX: higher priced homes
- 78594, TX: higher priced homes
- 78596, TX: higher priced homes
- 78537, TX: higher priced homes
- 78569, TX: higher priced homes
Zip Codes with Similar Populations
- 12487, NY: higher priced homes
- 46536, IN: higher priced homes
- 35118, AL: higher priced homes
- 04217, ME: higher priced homes
- 31775, GA: higher priced homes
- 27959, NC: higher priced homes
- 27805, NC: higher priced homes
- 26541, WV: higher priced homes
- 26175, WV: higher priced homes
- 21673, MD: higher priced homes
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