ZIP 37043 - 860Z200US37043 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 37043 for your next home, investment, or business venture, this detailed snapshot offers a clear picture of the area’s demographics and housing landscape. Located in a dynamic region, 37043 is home to a sizable population with a strong economic foundation and diverse community. Using the latest 2023 data, we’ll break down key metrics on population, income, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will guide your next steps in this vibrant area.

Population & Households

ZIP code 37043 boasts a total population of 57,246 residents, making it a substantial community with a robust local market. This population is distributed across 21,104 households, reflecting a mix of family sizes and living arrangements. With 22,221 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate opportunities for buyers or investors looking to enter the market. The size of this population also suggests a strong customer base for small businesses aiming to serve local needs.

Income & Housing Costs

Economically, ZIP 37043 stands out with a median household income of $91,871, signaling a relatively affluent community with significant purchasing power. This income level supports a healthy local economy, which can be a draw for businesses and investors alike. On the housing front, the median home value is $325,400, reflecting a competitive yet accessible real estate market for middle- to upper-income buyers. For renters, the median rent is $1,208 per month, which aligns with the area’s income levels and suggests a balanced rental market. These figures highlight 37043 as a financially stable area with potential for both homeownership and rental investments.

Race & Ethnicity

The demographic makeup of ZIP 37043 is predominantly White, accounting for 75.49% of the population. Black residents make up 9.96%, while Asian residents represent 3.03%. Additionally, 6.33% of the population identifies as Hispanic. This diversity, while not evenly distributed, contributes to a multifaceted community with varied cultural influences. For businesses, this mix offers opportunities to cater to a range of preferences and needs, while homebuyers and investors can appreciate the inclusive nature of the area as a factor in long-term community stability.

Key Facts

• Total population in ZIP 37043: 57,246 residents, indicating a sizable local market.
• Total households: 21,104, reflecting a strong base of family and individual units.
• Total housing units: 22,221, suggesting slight availability for new occupants or investors.
• Median household income: $91,871, pointing to significant economic strength.
• Median home value: $325,400, a competitive price point for buyers.
• Median rent: $1,208, offering a balanced option for renters.
• Racial composition: 75.49% White, 9.96% Black, 3.03% Asian, 6.33% Hispanic, showing moderate diversity.

What This Means for You

For homebuyers, ZIP 37043 offers a promising market with median home values at $325,400, which, paired with a median household income of $91,871, suggests affordability for many prospective residents. The slight surplus of housing units (22,221 versus 21,104 households) could mean less competition in certain segments of the market, giving you room to negotiate. Real estate investors and agents will find potential in both the owner-occupied and rental markets, as the median rent of $1,208 indicates steady demand from tenants who may not yet be ready to buy. Small-business owners can leverage the sizable population of 57,246 and the area’s diversity to target a broad customer base, tailoring products or services to meet varied cultural and economic needs. Analysts can use these metrics as a benchmark to compare 37043 with neighboring ZIP codes or to track trends over time, ensuring data-driven insights for clients or stakeholders.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 37043? Start by visiting ZipcodeGPT to access powerful demographic and housing analysis tools.
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• Use the insights to make informed decisions, whether you’re buying a home, investing in property, or planning a business expansion.