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ZIP 74031 — Housing & Real Estate

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

Middle Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 74031

Median Home Value
$157,400
Median Rent
$761
Affordability Snapshot
$43,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,011/mo PITI).

14%
Rent-to-Income Ratio

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

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

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 74031, a household would need roughly $43,000 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 $1,011. That sits below the local median household income ($65,000), 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 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
80.3%+23% vs US avg
x
Vacancy Rate
12.2%+18% vs US avg
x
Broadband Access
81.3%-6% vs US avg
x
4+ Bedrooms
1.9%-87% vs US avg
x
Built Pre-1939
2.5%-80% vs US avg
x
Built Post-2014
5.7%-17% vs US avg
x
Rent Burden >30%
13.4%-73% vs US avg
x
Mortgage-Free
51.3%+34% vs US avg
x
$157,400
Home Value
$761
Rent
1996
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached55.5%
  • 1-unit attached0.0%
  • 2-9 units0.9%
  • 10+ units2.9%
  • Mobile home & other40.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$157,400
Median rent$761
Owner-occupied80.3%
Vacant12.2%
Price-to-income2.4x
Est. income to buy$43,000