ZIP 78015 · Fair Oaks Ranch, Texas

Population

24,867 people call ZIP 78015 home.

24,867

people.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

Rent

Median rent is up 46% since the 2010–2014 survey, before inflation.

$2,060

a month. Texas's median is $1,403.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year

Room to build

The median rent is above what local wages can carry.

$960–$1,440

is the monthly rent range local workforce wages support.

• $2,060 median

Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

27% of the housing here was built before 2000.

• 27% of all homes were built before 2000

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

Units needed

Closing the gap would add 0.1–0.3% to the 8,486 homes here.

6–22

is the estimated number of missing housing units, from the lowest to the highest of three estimates.

Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 74% more than Texas's.

$492,400

median home value in ZIP 78015.

• $492,400 ZIP 78015
• $283,800 Texas
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year