75161, Terrell, TX

The Terrell, TX zip code 75161 has a population of around 10,000 people. The median household income in this zip code is $41,500 which is about average for the surrounding area. The home equity and home prices in this zip code are both relatively high when compared to other areas of the country.

The average home value in the Terrell, TX zip code is $183,200 which is significantly higher than the national average of $146,800. The percentage of homes that are owned by their occupants is also high at 88%. This indicates that there are a lot of people who feel comfortable investing in their homes and that they believe they will be able to sell them for a good price down the road.

One reason why the home equity and home prices in this zip code are so high is because there are a lot of affluent residents living here. Many people who live in Terrell commute to jobs located outside of the city which means that they have more money to spend on housing. Additionally, many businesses located in Terrell are either owned by local entrepreneurs or have been established by people who moved here from other parts of Texas or from outside of the United States. As a result, there is a lot of demand for housing within this zip code and prices have been able to rise accordingly.