79414, Lubbock, TX

The 79414 zip code of Lubbock, TX has a population of around 126,000 people. The median household income in this zip code is $39,868 which is above the national median household income of $53,046. The median home value in this zip code is $128,500 which is also above the national median home value of $174,700.

There are a total of 8,988 homes in the 79414 zip code and 1,851 of those homes are occupied. Of those occupied homes, 68% are owner-occupied while 32% are renter-occupied. This compares to the national homeownership rate of 63%. Additionally, there are a total of 593 vacant homes in the 79414 zip code which accounts for 3% of all homes in this zipcode. This compares to the national vacancy rate of 4%.

When it comes to home equity in the 79414 zip code, 66% of households have more equity than they need and 33% have less equity than they need. This compares to the national homeownership rate which is around 62%. Additionally, when it comes to home prices in the 79414 zip code, 57%of households own their home outright while 43% owe more on their mortgage than their home is worth. This compares to the national homeownership rate which is around 65%.