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Area data

Midland, TX — ZIP 79703

Population: 20,419 (Census ACS)

The median home value in ZIP 79703 (Midland, TX) is $244,250 — up 1.8% over the past year. Typical rent runs $1,366/month. 9 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with drought, hail, tornado the top-rated hazards. Cost of living is 3.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$244,250

Median home value

+1.8%

1-year change

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$244,250
1-year appreciation
+1.8%
3-year appreciation
+16.7%
5-year appreciation
+18.6%
10-year appreciation
+58.2%
All-time peak (2026-06)
$244,339
House Price Index (state)
440.1 (-0.8% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

For-sale inventory
59
1-year forecast
+0.1%
Days to pending
32 days
New listings (monthly)
20

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,366/mo
1-year rent change
-0.7%

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
96.5 (100 = US avg)
Electricity rate (state-level)
15.5¢/kWh
Natural gas rate (state-level)
$19.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
9
Elementary schools
5
Middle schools
2
High schools
1
Charter schools
3
School districts serving the area
PREMIER HIGH SCHOOLS, TEXAS LEADERSHIP PUBLIC SCHOOLS, MIDLAND ISD
Schools include
PREMIER H S OF MIDLAND, TEXAS LEADERSHIP OF MIDLAND, ALAMO J H, BONHAM EL, BURNET EL

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
drought, hail, tornado, winterWeather, coldWave
Notable hazard ratings (county)
coldWave: Relatively Moderate · drought: Relatively High · hail: Relatively High · heatWave: Relatively Low · iceStorm: Relatively Low · inlandFlooding: Relatively Moderate
Wildfire risk to homes (county)
Higher than 78% of US counties
Buildings in wildfire direct-exposure zone
36.6%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
West County Road 112 Ground Water (2.4 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
16.7 in
USDA plant hardiness zone
8a (extreme annual low 10 to 15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

Airports within 30 mi
8
Nearest airport
Midland International Air and Space Port (MAF) (5 mi)
Nearest major airport
Midland International Air and Space Port (MAF) (5 mi)
Hospitals nearby (~15 mi)
1,090
Hospitals include
MIZELL MEMORIAL HOSPITAL, CRENSHAW COMMUNITY HOSPITAL, CRENSHAW COMMUNITY HOSPITAL
Avg hospital rating (CMS)
3.1 / 5
Best hospital rating nearby (CMS)
5.0 / 5
EV charging stations (within 10 mi)
21
Solar radiation rating
Good (5.5 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+714 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,978
Housing built before 1970
41.3%
Housing built 2000 or later
22.0%
Median annual property tax
$2,593
Mean commute to work
18 min
Households with broadband internet
70.0%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
105,242
Average weekly wage
$1,825
Top industries (by employment)
Mining, Accommodation & Food, Construction
Annual residential building permits (county)
1,504

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 79703State medianUS median
Median home value$244,250$260,151$289,727
Typical rent$1,366/mo$1,580/mo$1,808/mo
Median annual property tax$2,593$2,390$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 79703?
$244,250.
What is typical rent in ZIP 79703?
Typical rent: $1,366/month.
What is the natural-hazard risk in ZIP 79703?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: drought, hail, tornado, winterWeather, coldWave.
What is the wildfire risk in ZIP 79703?
Risk to homes is higher than 78% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 79703?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 79703?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: West County Road 112 Ground Water, 2.4 mi.
How many schools serve ZIP 79703?
9 schools (5 elementary, 2 middle, 1 high) (NCES, 2022-23).
What is the cost of living in ZIP 79703?
Regional Price Parity: 96.5 (100 = US average) (Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents