78583, Rio Hondo, TX

The 78583 zip code of Rio Hondo, TX has a median home value of $119,000 and a median home equity value of $101,000. The homeownership rate in the 78583 zip code is 68.8%, which is lower than the national homeownership rate of 69.2%. The percentage of households that own their homes outright is 24.4%, which is lower than the national percentage of households that own their homes outright at 27.9%. The percentage of households that are mortgage holders is 62.5%, which is higher than the national percentage of households that are mortgage holders at 56%.

The 78583 zip code has a higher percentage of households that are renters than the national percentage of renters at 36%. The 78583 zip code also has a higher percentage of households that are owner-occupied than the national percentage of owner-occupied homes at 63%.