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ZIP 70505 — 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 70505

Median Home Value
$319,900
Median Rent
$845
Affordability Snapshot
$88,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,055/mo PITI).

22%
Rent-to-Income Ratio

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

7.0x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

31.5 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 70505, a household would need roughly $88,000 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 $2,055. That is about 93% above the local median household income ($45,691), 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 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
36.5%-44% vs US avg
x
Vacancy Rate
19.4%+88% vs US avg
x
Broadband Access
96.2%+11% vs US avg
x
4+ Bedrooms
9.6%-35% vs US avg
x
Built Pre-1939
15.3%+20% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
32.1%-35% vs US avg
x
Mortgage-Free
39.7%+4% vs US avg
x
$319,900
Home Value
$845
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 detached42.7%
  • 1-unit attached6.6%
  • 2-9 units28.3%
  • 10+ units22.5%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$319,900
Median rent$845
Owner-occupied36.5%
Vacant19.4%
Price-to-income7.0x
Est. income to buy$88,000