ZIP 37013 - 860Z200US37013 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 37013 for your next home, investment property, or business location, understanding the area’s demographics and housing landscape is essential. Located in a dynamic region, this ZIP code offers a blend of diversity, affordability, and opportunity. With a population of over 100,000 and a median household income of $72,233, this area presents a robust community for homebuyers, real estate investors, small-business owners, and analysts alike. Let’s dive into the key metrics for 2023 to help you make informed decisions about living or working in 37013.

Population & Households

ZIP code 37013 is home to a substantial population of 102,055 residents, making it a bustling and vibrant area. This population is spread across 38,239 households, reflecting a strong community base for families, professionals, and individuals. With 41,112 total housing units in the area, there’s a mix of occupied and available properties that could suit a variety of needs, whether you’re looking to buy a home or invest in rental opportunities. The size of this population also signals a potential customer base for small businesses aiming to establish a foothold in a lively market.

Income & Housing Costs

The median household income in ZIP 37013 stands at $72,233, indicating a solid economic foundation for many residents. This income level suggests that the area supports a middle-class lifestyle, which can be attractive for families seeking stability or businesses targeting this demographic. On the housing front, the median home value is $294,000, offering a relatively accessible entry point for homebuyers compared to pricier nearby markets. For renters, the median rent is $1,450 per month, reflecting a competitive rental market that could appeal to investors looking for steady returns. These figures provide a clear picture of affordability and potential growth in this ZIP code.

Race & Ethnicity

One of the standout features of ZIP 37013 is its diverse community. The racial and ethnic composition includes 35.32% Black, 32.17% White, 22.11% Hispanic, and 4.81% Asian residents. This cultural diversity creates a rich, inclusive environment that can benefit families seeking a welcoming neighborhood, businesses aiming to serve varied customer needs, and investors looking for areas with broad appeal. The balanced demographic mix also suggests opportunities for cultural exchange and community engagement, making 37013 a unique place to live or work.

Key Facts

• Total population: 102,055 residents, indicating a large and active community.
• Total households: 38,239, showcasing a strong base for family and individual living.
• Total housing units: 41,112, with room for both occupancy and investment opportunities.
• Median household income: $72,233, reflecting a stable economic environment.
• Median home value: $294,000, offering affordability for potential buyers.
• Median rent: $1,450, suggesting a competitive rental market for investors.
• Diverse demographics: 35.32% Black, 32.17% White, 22.11% Hispanic, and 4.81% Asian.

What This Means for You

For homebuyers, ZIP 37013 offers a promising mix of affordability and community diversity. With a median home value of $294,000, you can find properties that fit a range of budgets while settling into a culturally rich area. Real estate investors and agents will appreciate the rental market dynamics, with a median rent of $1,450 and over 41,000 housing units, pointing to potential for consistent demand. The area’s population size and income levels also suggest long-term growth potential. For small-business owners, the large and diverse population of 102,055 creates a broad customer base, ideal for retail, services, or dining ventures. Finally, analysts can use these metrics to assess market trends, housing demand, and economic stability in 37013, providing valuable insights for strategic planning.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 37013? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business in your target area.