Midland, TX · standard
ZIP Code 79703
Midland County, Texas - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 20,592
- 1,188/sq mi
- $77,285
- Median income
- $224,000
- Median home value
- 16.8%
- Bachelor's or higher
National ZIP placement
Midland pairs an above-median household income with above-median home values, in a low-density, homeowner-dominated area.
- Top 42%
- household income, US ZIPs
- Top 49%
- home value, US ZIPs
- 1,188
- people per sq mi
- 62%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 79703 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 79703 (Midland, TX) rose +10.2% from 2023 to 2024. The all-transactions index moved from 407.3 in 2023 to 448.8 in 2024 (2000 = 100).
ZIP code 79703 is a densely settled ZIP (a standard USPS delivery area) in Midland, Midland County, Texas, with 20,592 residents across 17.3 square miles, a density of 1,188 people per square mile, in the Chicago time zone.
ZIP 79703 lands in the middle-income range, with a median household income of $77,285 (2% above the average Texas ZIP), while per-capita income is $37,243. Both reported hardship measures are comparatively low in absolute terms: poverty is 4.6% and unemployment is 3.7%. Median home value is $224,000 (10% below the average Texas ZIP) and median rent is $1,447; 62.1% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 16.8% of adults hold a bachelor's degree or higher, the median age is 31.6, and the average commute is 19 minutes. The page also surfaces 4 ZIP codes within roughly 10 miles and 4 more in Midland County, so 79703 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 79703
Top 5 sectors by establishment count in Midland, TX
Which industries have the most business establishments in ZIP 79703.
- Retail trade
Retail trade
55 establishments
- Health care and social assistance
Health care and social assistance
48 establishments
- Other services (except public administration)
Other services (except public administration)
40 establishments
- Construction
Construction
37 establishments
- Accommodation and food services
Accommodation and food services
37 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 79703, Midland, TX · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
20,592
Population
17.3
Area (sq mi)
1,188
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 79703?
31.6
Median Age
50.1%
Male
49.9%
Female
17.6%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$77,285
Median Household Income
+2% vs state ZIP avg
$37,243
Per Capita Income
4.6%
Poverty Rate
3.7%
Unemployment Rate
19.0 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
8,109housing units
8,109
Total Housing Units
7,760
Occupied Units
349
Vacant Units
2.63
Avg Household Size
Occupancy Type
$224,000
Median Home Value
-10% vs state ZIP avg
$1,447
Median Rent
1978
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+10.2%
YoY Change (2024)
449
HPI Index (2000 = 100)
+349%
Total Change Since 2000
Home values in ZIP 79703 have increased 10.2% over the past year (2024). Since 2000, this ZIP has seen +349% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +0.6% | 377 |
| 2021 | +0.5% | 379 |
| 2022 | +5.9% | 401 |
| 2023 | +1.6% | 407 |
| 2024 | +10.2% | 449 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 387 business establishments in ZIP 79703, employing approximately 5,502 people with a combined annual payroll of $460,255,000.
387
Businesses
5,502
Employees
$460.3M
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 55 | 14.2% |
| Health care and social assistance | 48 | 12.4% |
| Other services (except public administration) | 40 | 10.3% |
| Construction | 37 | 9.6% |
| Accommodation and food services | 37 | 9.6% |
| Mining, quarrying, and oil and gas extraction | 32 | 8.3% |
| Professional, scientific, and technical services | 31 | 8.0% |
| Transportation and warehousing | 20 | 5.2% |
| Wholesale trade | 19 | 4.9% |
| Administrative and support and waste management and remediation services | 18 | 4.7% |
| Real estate and rental and leasing | 15 | 3.9% |
| Finance and insurance | 9 | 2.3% |
| Educational services | 8 | 2.1% |
| Manufacturing | 7 | 1.8% |
| Arts, entertainment, and recreation | 5 | 1.3% |
| Information | 3 | 0.8% |
| Management of companies and enterprises | 3 | 0.8% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 79703 vs 79701 →
ZIP 79703 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 79705
Midland (79705)
33,536 residents
- 79707
Midland (79707)
32,854 residents
- 79701
Midland (79701)
27,728 residents
- 79703
Midland (79703)
20,592 residents
- 79706
Midland (79706)
19,571 residents
What this shows Among its immediate neighbors, ZIP 79703 ranks #4 by population - useful context the national average alone can't give.
ZIP 79703 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 79706
Midland (79706)
$108,059 median income
- 79705
Midland (79705)
$105,310 median income
- 79707
Midland (79707)
$99,886 median income
- 79703
Midland (79703)
$77,285 median income
- 79701
Midland (79701)
$57,346 median income
What this shows By household income, ZIP 79703 ranks #4 of 5 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 79703, both outside TX so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (20,592 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.