Real Estate Market Update for 78575 (Olmito, TX)
Map Information for 78575 (Olmito, TX)
Area Information for 78575 (Olmito, TX)
  • Community Character: Very Rapid Population Growth, Moderate Residential Turnover
  • Population: 4,199
  • Median Age: 26.82 yr
  • Median Commute Time: 20.11 mins
  • Recycling Likelihood**: 85
  • Sales Tax: 5%
  • Population Density: 667/sq mi
  • Population Change Since 2000: 31%
  • Closest Airport: Brownsville/south Padre Island International
  • Closest College: University Of Texas-pan Amer
  • Closest Jr. College: Tx State Tech Coll Harlingen
  • Median Household Income: $49,899
  • Annual Residential Turnover: 20.38%
  • Median Years in Residence: 2.66 yr
  • Median Home Sales Price: $203,750
  • Closest Major Sports Team: Corpus Christi Hooks (aa)
  • Change Avg. Household Income Since 2000: 29%
* Scale from 1-5   ** Index where 100 is the national average
Demographic Data for 78575 (Olmito, TX)
Median Age: 26.82 Married: 42% Number of Households: 1,379 Households with Children: 523
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      Local Weather for 78575 (Olmito, TX)
        Community information and market data Powered by Onboard Informatics. Copyright ©2013 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.