Zip Code:
79764 is a Texas Zip code within the city of Odessa and the county of Ector County. Its population is roughly 22,172.
The 79764 zip code of Odessa, TX is located in the Midland- Odessa metropolitan area. The median home value in this zip code is $101,000. Home equity in this zip code has increased by an average of 9% over the past five years. This increase can be attributed to a number of factors including low interest rates and increasing home values.
There are a number of reasons why home equity is important to residents in the 79764 zip code. First, it provides stability and security for families. Home equity allows families to weather difficult financial times and maintain their homes without having to worry about losing their homes or being forced into foreclosure. Second, it provides residents with access to valuable resources such as savings accounts and mortgages. Home equity can be used to purchase a new home or pay off debts such as mortgages or credit cards. Finally, home equity can be used as a source of income when homeowners sell their homes.
Despite the positive effects that home equity has on residents in the 79764 zip code, there are some risks associated with having too much debt tied up in your home. If interest rates rise significantly or the market for homes declines, homeowners could find themselves struggling to pay off their debts and lose their homes completely. It is important for residents in the 79764 zip code to understand both the benefits and risks associated with having too much debt tied up in their homes before making any decisions about how much debt they should take on."
Price Index: Odessa, TX
Zipcode | Population | Density | Timezone | Latitude | Longitude | City | County | State |
---|---|---|---|---|---|---|---|---|
79763 | 38,833 | 276.1 | America/Chicago | 31.79918 | -102.46788 | Odessa | Ector County | Texas |
79765 | 16,486 | 308.2 | America/Chicago | 31.92346 | -102.29242 | Odessa | Ector County | Texas |