Midland, TX · standard
ZIP Code 79706
Midland County, Texas - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 19,571
- 10/sq mi
- $108,059
- Median income
- $316,400
- Median home value
- 22.3%
- Bachelor's or higher
National ZIP placement
Midland pairs an upper-quartile household income with above-median home values, in a rural, homeowner-dominated area.
- Top 14%
- household income, US ZIPs
- Top 31%
- home value, US ZIPs
- 10
- people per sq mi
- 80%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 79706 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 79706 (Midland, TX) rose +5.6% from 2023 to 2024. The all-transactions index moved from 389.4 in 2023 to 411.2 in 2024 (2000 = 100).
ZIP code 79706 is a mid-sized community (a standard USPS delivery area) in Midland, Midland County, Texas, home to 19,571 residents across 1918.7 square miles, a density of 10 people per square mile, in the Chicago time zone.
ZIP 79706 lands in the middle-income range, with a median household income of $108,059 (43% above the average Texas ZIP), while per-capita income is $45,384. The poverty rate is 8.2%, with unemployment at 3.7%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $316,400 (28% above the average Texas ZIP), while 79.6% of occupied homes are owner-occupied and median rent is $1,247.
Educational attainment sits below the national norm: 22.3% of adults hold a bachelor's degree or higher, the median age is 35.6, and the average commute is 26 minutes. The page also surfaces 2 ZIP codes within roughly 10 miles and 4 more in Midland County, so 79706 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 79706
Top 5 sectors by establishment count in Midland, TX
Which industries have the most business establishments in ZIP 79706.
- Mining, quarrying, and oil and gas extraction
Mining, quarrying, and oil and gas extraction
233 establishments
- Transportation and warehousing
Transportation and warehousing
145 establishments
- Construction
Construction
124 establishments
- Wholesale trade
Wholesale trade
111 establishments
- Real estate and rental and leasing 80
Real estate and rental and leasing
80 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 79706, 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
19,571
Population
1918.7
Area (sq mi)
10
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 79706?
35.6
Median Age
49.2%
Male
50.8%
Female
11.6%
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?
$108,059
Median Household Income
+43% vs state ZIP avg
$45,384
Per Capita Income
8.2%
Poverty Rate
3.7%
Unemployment Rate
25.5 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
13,286housing units
13,286
Total Housing Units
12,018
Occupied Units
1,268
Vacant Units
2.85
Avg Household Size
Occupancy Type
$316,400
Median Home Value
+28% vs state ZIP avg
$1,247
Median Rent
2008
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
+5.6%
YoY Change (2024)
411
HPI Index (2000 = 100)
+311%
Total Change Since 2000
Home values in ZIP 79706 have increased 5.6% over the past year (2024). Since 2000, this ZIP has seen +311% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +0.5% | 333 |
| 2021 | +4.3% | 347 |
| 2022 | +7.7% | 374 |
| 2023 | +4.1% | 389 |
| 2024 | +5.6% | 411 |
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 1,114 business establishments in ZIP 79706, employing approximately 28,894 people with a combined annual payroll of $3,020,978,000.
1,114
Businesses
28,894
Employees
$3.0B
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Mining, quarrying, and oil and gas extraction | 233 | 20.9% |
| Transportation and warehousing | 145 | 13.0% |
| Construction | 124 | 11.1% |
| Wholesale trade | 111 | 10.0% |
| Real estate and rental and leasing | 80 | 7.2% |
| Retail trade | 63 | 5.7% |
| Professional, scientific, and technical services | 63 | 5.7% |
| Accommodation and food services | 62 | 5.6% |
| Manufacturing | 59 | 5.3% |
| Other services (except public administration) | 58 | 5.2% |
| Administrative and support and waste management and remediation services | 53 | 4.8% |
| Health care and social assistance | 19 | 1.7% |
| Information | 12 | 1.1% |
| Arts, entertainment, and recreation | 10 | 0.9% |
| Management of companies and enterprises | 8 | 0.7% |
| Finance and insurance | 7 | 0.6% |
| Utilities | 5 | 0.5% |
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 79706 vs 79701 →
ZIP 79706 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 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 79706 ranks #3 by population - useful context the national average alone can't give.
ZIP 79706 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
- 79703
Midland (79703)
$77,285 median income
- 79701
Midland (79701)
$57,346 median income
What this shows By household income, ZIP 79706 ranks the highest of 3 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 79706, 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 (19,571 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.