ZIP 79706 · Midland, Texas

Population

34,281 people call ZIP 79706 home.

34,281

people.

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

Rent

Median rent is up 65% since the 2010–2014 survey, before inflation.

$1,247

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.

$1,389–$2,084

is the monthly rent range local workforce wages support.

• $1,247 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

40% of the housing here was built before 2000.

• 40% 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 0.2–2.4% to the 13,286 homes here.

29–319

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 11% more than Texas's.

$316,400

median home value in ZIP 79706.

• $316,400 ZIP 79706
• $283,800 Texas
• $332,700 U.S.

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