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Rental Insights for ZIP Code 78611 (Burnet, TX)

Housing Rentals in ZIP Code 78611 (Burnet, TX)

78611 ZIP Code in Texas

A Comprehensive Look at Rentals in the ZIP Code 78611

The 78611 ZIP Code is primarily associated with Burnet, TX in Burnet County. This region of Texas has an estimated median housing rent of $734 per month. Approximately 23.2% of housing units in this Burnet County ZIP Code are renter-occupied, and the region has an estimated vacancy rate of 1.9%.

The median rent in ZIP Code 78611 of $734 per month is 30% lower than the aggregate Texas median monthly rent of $1,045, and is 31% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 56.3% of renters in ZIP Code 78611 pay between $500 and $999 per month for housing. That is 42% higher than in Texas overall, in which 39.6% of total state residents pay between $500 and $999 per month for housing. Just 2.6% of renters in this Burnet, TX region pay between $1,500 and $1,999 for monthly rent.

ZIP Code 78611 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 78611

See the chart below for a comparison of monthly rental costs in ZIP Code 78611, Texas, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 78611 along with those in the state of Texas and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 78611

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 78611 Texas U.S.
Less than $500 10.6% 6.6% 9.4%
$500 to $999 56.3% 39.6% 36.2%
$1,000 to $1,499 30.5% 35.0% 30.0%
$1,500 to $1,999 2.6% 13.3% 14.0%
$2,000 to $2,499 0.0% 3.5% 5.6%
$2,500 to $2,999 0.0% 1.1% 2.4%
$3,000 or more 0.0% 0.9% 2.4%

Rent Cost vs. Income in ZIP Code 78611

Renters in ZIP Code 78611 use an estimated 27.2% of their income to cover their monthly rent payments. That is about 7% lower than in Texas overall. The estimate for Texas overall is 29.37% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 78611 renters use about 9% less of their income to cover rent expense. Household income figures for ZIP Code 78611 come in lower than in Texas as a whole. The median annual household income in ZIP Code 78611 of $58,199 sits approximately 6% lower than the overall Texas median income of $61,874 and approximately 7% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 78611

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 78611, Texas, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 78611 along with the same calculations in the state of Texas and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 78611

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 78611 Texas U.S.
Less than 15.0 percent 32.3% 13.2% 13.1%
15.0 to 19.9 percent 6.9% 13.6% 12.9%
20.0 to 24.9 percent 8.9% 13.6% 12.9%
25.0 to 29.9 percent 2.7% 11.8% 11.6%
30.0 to 34.9 percent 8.9% 9.1% 9.1%
35.0 percent or more 40.3% 38.6% 40.5%

Household Income in ZIP Code 78611

See the table below for the regional comparison of annual household income in ZIP Code 78611.

Income ZIP 78611 Texas U.S.
Less than $10,000 3.8% 6.1% 6.0%
$10,000 to $14,999 6.2% 4.0% 4.3%
$15,000 to $24,999 8.8% 8.9% 8.9%
$25,000 to $34,999 8.7% 9.3% 8.9%
$35,000 to $49,999 12.6% 12.5% 12.3%
$50,000 to $74,999 21.7% 17.6% 17.2%
$75,000 to $99,999 10.2% 12.5% 12.7%
$100,000 to $149,999 15.7% 15.0% 15.1%
$150,000 to $199,999 6.2% 6.7% 6.8%
$200,000 or more 6.2% 7.4% 7.7%

Household Income in ZIP Code 78611

See the chart below for a comparison of annual household income figures in ZIP Code 78611, Texas, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 78611 alongside the same figures for the state of Texas and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 78611

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 78611.

ZIP 78611 Texas U.S.
Median Housing Rent $734 $1,045 $1,062
Renter-Occupied Housing Units 23.2% 38.0% 36.0%
Rental Vacancy Rate 1.9% 7.8% 6.0%
Average Size of Renter-Occupied Unit 2.46 2.63 2.49
Average # of Bedrooms Per Unit 2.87 2.75 2.75
Percent of Income Spent on Rent 27.2% 29.37% 29.83%
Per Capita Income $31,949 $31,277 $34,103
Median Household Income $85,193 $87,260 $88,607
Living Below the Poverty Line 10.2% 11.3% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 78611

In ZIP Code 78611 (Burnet, TX), and estimated 23.2% of housing units are occupied by renters. This region has an approximate rental vacany rate of 1.9%.

The per capita income in 78611 is estimated at $31,949, which goes along with an estimated median household income of $85,193. About 10.2% of residents in this Burnet County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.46 occupants, while the units have an aggregate average size of 2.87 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 27.2% of their income on housing rental costs.

Rental FAQs for ZIP Code 78611

1

What is the median monthly rent in ZIP Code 78611?

Median rent for housing in ZIP Code 78611 in Burnet County in Texas is approximately $734 per month.
2

Is it expensive to rent in ZIP Code 78611?

Rent in ZIP Code 78611 is lower than average in the state of Texas overall. The median monthly rent of $734 in ZIP Code 78611 is approximately 30% lower than the Texas median of $1,045. Additionally, median rent in this Burnet, TX region ($734) is about 31% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 78611?

High-priced rentals are not common in the Burnet, TX ZIP Code of 78611, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Texas overall, approximately 0.9% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 78611?

Affordable rentals are more common in ZIP Code 78611 than in Texas overall. The percentage of housing rentals in ZIP Code 78611 costing $999 or less per month (66.9%) is approximately 45% higher than the Texas rate of 46.2% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 47% lower than the previously mentioned 78611 rate of 66.9%.
5

What is the most common cost range that rentals fall into in ZIP Code 78611?

The most common range for rental cost in ZIP Code 78611 is between $500 and $999 per month. About 56.3% of renters in 78611 pay in this range for monthly rent. In comparison, approximately 39.6% of renters in the state of Texas fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 78611 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 78611 is lower than the rental vacancy rate in the state of Texas overall. Rental vacancy of 1.9% in ZIP Code 78611 is about 76% lower than the Texas rate of 7.8%. Looking more broadly, rental vacancy in this Burnet, TX region (1.9%) is an estimated 68% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 78611? How does it compare to other Texas regions?

Median household income in ZIP Code 78611 is lower than in the state of Texas overall. Annual household income of $58,199 in ZIP Code 78611 is about 6% lower than the Texas median of $61,874. Additionally, median household income in this Burnet, TX region ($58,199) is approximately 7% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 78611 spend on housing costs?

Renters in ZIP Code 78611 spend a lower amount of their income on rent costs than do renters in Texas overall. Renters in ZIP Code 78611 spend an estimated 27.2% of their income on rent payments, which is about 7% lower than the overall Texas estimated rate of 29.37%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 9% higher than the ZIP Code 78611 estimated rate of 27.2%.
9

Do renters in ZIP Code 78611 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 78611 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 78611 spending 30 percent or more of their income on rent costs (49.2%) is approximately 3% higher than the Texas rate of 47.7% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 1% higher than the aforementioned 78611 rate of 49.2%.
10

What is the average household size of renter-occupied units in ZIP Code 78611?

The average household size of renter-occupied units in ZIP Code 78611 is lower than in the state of Texas overall. Annual household size of 2.46 in ZIP Code 78611 is about 6% lower than the Texas median of 2.63. Additionally, median household size in this Burnet, TX region (2.46) is approximately 1% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Texas ZIP Codes