ZIP 79701 · Midland, Texas

Population

27,131 people call ZIP 79701 home.

27,131

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.

$1,220

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

Local wages can carry more rent than the median charged today.

$1,248–$1,873

is the monthly rent range local workforce wages support.

• $1,220 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

73% of the housing here was built before 2000.

• 73% 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 0.3–2.9% to the 11,360 homes here.

37–332

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 24% less than Texas's.

$214,700

median home value in ZIP 79701.

• $214,700 ZIP 79701
• $283,800 Texas
• $332,700 U.S.

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