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ZIP 72115 — 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 72115

Median Home Value
$84,500
Median Rent
$575
Affordability Snapshot
$23,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$543/mo PITI).

21%
Rent-to-Income Ratio

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

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

12.2 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 72115, a household would need roughly $23,000 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 $543. That sits below the local median household income ($32,745), 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.

Housing Tenure

Vacancy rate 27% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
33.9%-48% vs US avg
x
Vacancy Rate
27.3%+165% vs US avg
x
Broadband Access
58.7%-32% vs US avg
x
4+ Bedrooms
2.8%-81% vs US avg
x
Built Pre-1939
16.0%+25% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
20.5%-59% vs US avg
x
Mortgage-Free
84.9%+122% vs US avg
x
$84,500
Home Value
$575
Rent
1961
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached67.3%
  • 1-unit attached3.8%
  • 2-9 units5.6%
  • 10+ units23.2%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$84,500
Median rent$575
Owner-occupied33.9%
Vacant27.3%
Price-to-income2.6x
Est. income to buy$23,000