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ZIP 70616 — Housing & Real Estate

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

Low Income Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 70616

Median Home Value
$151,800
Median Rent
$736
Affordability Snapshot
$42,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$975/mo PITI).

31%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

5.3x
Home Price-to-Income Ratio

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

17.2 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 70616, a household would need roughly $42,000 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 $975. That is about 46% above the local median household income ($28,813), 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 30% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
62.3%-5% vs US avg
x
Vacancy Rate
30.1%+192% vs US avg
x
Broadband Access
80.2%-8% vs US avg
x
4+ Bedrooms
3.5%-76% vs US avg
x
Built Pre-1939
6.0%-53% vs US avg
x
Built Post-2014
0.6%-92% vs US avg
x
Rent Burden >30%
48.3%-3% vs US avg
x
Mortgage-Free
69.1%+81% vs US avg
x
$151,800
Home Value
$736
Rent
1968
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached69.9%
  • 1-unit attached0.0%
  • 2-9 units9.9%
  • 10+ units4.1%
  • Mobile home & other16.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$151,800
Median rent$736
Owner-occupied62.3%
Vacant30.1%
Price-to-income5.3x
Est. income to buy$42,000