79088, Tulia, TX

Tulia, TX is located in the 79088 zip code. According to the 2010 census, the population of Tulia was 2,851. The median household income in Tulia was $41,972 and the median family income was $50,000. The homeownership rate in Tulia was 68.5% and the rental rate was 31%. Home values in Tulia have increased significantly over the past few years. In January of 2007, the home value in Tulia was $128,000. By January of 2016, the home value had increased to $236,000. This represents an increase of 116%.

The main reason for this increase is likely due to a combination of factors including an improving economy and low interest rates. Additionally, Tulia has a low unemployment rate which may also be contributing to higher home values. Despite these positive trends, there are some potential risks that could affect home values in Tulia over time including a possible housing market crash or another recessionary period.