Zip Code

77406

City

Richmond, TX

Population & Migration

What is the forecasted population for Zip code 77406 Richmond, TX?

Population census 2020
57,622
Forecasted population 2025
72,235
25.4% vs. 2020
Forecasted population 2030
86,402
49.9% vs. 2020

Zip code 77406 Richmond, TX population is forecasted to grow 25.4% by 2025 (20.7 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 72,235 people for 2025 zip code 77406 Richmond, TX will generate a good demand for housing, which is expected to have a deficit of 6,710 houses for 2030. Vacancy rate is 6.1 points below national US average.

Total homes available 2020
19,608
Estimated total home demand in 2030
26,318
Total homes balance inventory
6,710

Average Household Income in zip code 77406 Richmond, TX
from Internal Revenue Service

Average household income in 2021
$135,530

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 77406 Richmond, TX?

County total number of drinking water violations

548

+174%

200

County total number of drinking water contaminations

64

+205%

21

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