US ZIP Code
76240

Gainesville, TX

Cooke County  ·  Texas

● Active
👥 29,271 Population ↑ 5% since 2019
💰 $67,056 Median HH Income
▼ 12% below avg ↑ 26% since 2019
🎂 39.2 Median Age ↓ 2% since 2019
🏠 $207,600 Median Home Value
▼ 26% below avg ↑ 34% since 2019
🎓 35.1% College Grads
▼ 9% below avg
📊 5.3% Unemployment
▲ 8% above avg ↑ 27% since 2019
ZIP Code Details
ZIP Code76240
CityGainesville
StateTexas (TX)
CountyCooke County
Area Code940
Elevation779 ft
Latitude33.661602
Longitude-97.176369
TimezoneChicago (DST)
FIPS48097
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 48.9% (14,311) Female 51.1% (14,960) ♀

Race & Ethnicity

White: 66.2%Hispanic: 24%Black: 4.8%Asian: 0.9%Other: 3.6%Race
White66.2%
Hispanic24.0%
Black4.8%
Asian0.9%
Other3.6%

Age Breakdown

Under 5
7%
5–17
18%
18–24
9%
25–44
24%
45–64
24%
65+
7%

Key Indicators

Median Age39.2 yrs ↓ 2% since 2019
Avg Household Size2.52
Below Poverty16.5% ▲ 65% above avg
College Grads35.1% ▼ 9% below avg
Unemployment5.3% ▲ 8% above avg
No HS Diploma356 (2%)
HS Graduate5,138 (29.2%)
Some College2,839 (16.1%)
Associates3,104 (17.6%)
Bachelors1,751 (9.9%)
Graduate Degree4,436 (25.2%)

Education

No HS: 2%HS Grad: 29.2%Some College: 16.1%Associates: 17.6%Bachelors: 9.9%Graduate: 25.2%Edu
No HS2.0%
HS Grad29.2%
Some College16.1%
Associates17.6%
Bachelors9.9%
Graduate25.2%
Housing & Income

Housing Tenure

Owner: 67.8%Renter: 32.2%Tenure
Owner67.8%
Renter32.2%

Home Value Distribution

Under $50k
10%
$50k–100k
14%
$100k–150k
12%
$150k–200k
13%
$200k–300k
23%
$300k–500k
16%
Over $500k
13%

Financials

Median HH Income$67,056 ▼ 12% below avg ↑ 26% since 2019
Median Home Value$207,600 ▼ 26% below avg ↑ 34% since 2019
Home/Income Ratio3.1x (nat avg ~3.5x)
Median Rent$1,105/mo ↑ 24% since 2019
Total Units12,412
Vacant Units1,035
Avg HH Size2.52

Income Distribution

Under $25k
18%
$25k–50k
13%
$50k–75k
20%
$75k–100k
14%
$100k–150k
16%
$150k–200k
9%
Over $200k
10%
Employment & Commute

How People Get to Work

Drove Alone
90%
Public Transit
0%
Walked
2%
Work From Home
9%

Commute Time

Under 15 min
45%
15–30 min
21%
30–45 min
17%
Over 45 min
17%
Housing Stock

Year Built

Before 1940
4%
1940s–1950s
9%
1960s–1970s
16%
1980s–1990s
13%
2000+
58%

Summary

Total Units12,412
Vacant1,035
Owner Occupied67.8%
Renter Occupied32.2%
Avg HH Size2.52
Frequently Asked Questions
ZIP code 76240 is in Gainesville, TX, in Cooke County.
ZIP code 76240 is located in Texas (TX).
ZIP code 76240 is in Cooke County, TX.
ZIP 76240 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 76240 is 29,271 people (ACS 2023).
The median household income in ZIP code 76240 is $67,056 (ACS 2023).
The median home value in ZIP 76240 is $207,600 (ACS 2023).
About ZIP Code 76240

ZIP code 76240 is located in Gainesville, Texas, within Cooke County. With a population of 29,271, this is a moderately populated ZIP code with a middle-aged community — the median age is 39.2 years. Economically, 76240 is a solidly middle-class ZIP code: the median household income of $67,056 is near the national average.

Real estate in ZIP code 76240 represents an affordable housing market. The median home value of $207,600 is below the national average. Renters can expect to pay around $1,105 per month in median rent. Homeownership is strong here — 67.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 34% since 2019.

The population of 76240 is majority White (66.22%). Residents are moderately educated — 35.1% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 16.5%. Household income has grown by 26% since 2019.

The unemployment rate in 76240 stands at 5.3%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 79%.

Overall, ZIP code 76240 in Gainesville, TX is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 29,271 residents, a median household income of $67,056, and a median home value of $207,600, it offers a clear picture of life in this part of Texas.