ZIP 38583 - 860Z200US38583 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 38583 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in a region with a stable population and affordable housing, this area offers unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Using the latest 2023 data, this snapshot provides a clear picture of population trends, income levels, housing costs, and racial composition in ZIP 38583. Let’s dive into the numbers to help you make informed decisions.

Population & Households

ZIP 38583 is home to a population of 25,739 individuals, making it a moderately sized community with a strong residential base. This population is distributed across 10,059 households, indicating a balanced mix of family and individual living arrangements. With 11,158 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could signal opportunities for buyers or investors looking for properties in a less competitive market.

Income & Housing Costs

The median household income in ZIP 38583 stands at $58,285, reflecting a community with moderate earning power. This income level supports a housing market where the median home value is $199,400—a price point that may appeal to first-time buyers or investors seeking affordable entry into real estate. For renters, the median monthly rent is $851, which is relatively accessible compared to many urban markets, offering a cost-effective option for those not ready to buy. These figures suggest that ZIP 38583 strikes a balance between affordability and value, catering to a range of budgets and financial goals.

Race & Ethnicity

The demographic makeup of ZIP 38583 is predominantly White, with 93.23% of the population identifying as such. Other racial groups include Black at 1.39%, Asian at 0.43%, and Hispanic or Latino at 2.74%. This composition indicates a largely homogeneous community, which may influence cultural dynamics, local businesses, and community services. For business owners or investors, understanding this demographic profile can help tailor offerings or marketing strategies to align with the area’s predominant cultural and social fabric.

Key Facts

• Total population: 25,739 residents in ZIP 38583 as of 2023.
• Total households: 10,059, supporting a stable residential community.
• Total housing units: 11,158, suggesting potential availability for new occupants or investors.
• Median household income: $58,285, indicative of moderate earning capacity.
• Median home value: $199,400, an accessible price for many buyers.
• Median rent: $851 per month, offering affordable rental options.
• Racial composition: Predominantly White (93.23%), with small percentages of Black (1.39%), Asian (0.43%), and Hispanic (2.74%) residents.

What This Means for You

For homebuyers, ZIP 38583 presents an attractive opportunity to purchase a home at a median value of $199,400, which is within reach for many budgets, especially with a median household income of $58,285. The slight surplus of housing units (11,158 total versus 10,059 households) could mean less competition when searching for your ideal property. For investors and real estate agents, the combination of affordable home prices and reasonable rental rates ($851 median rent) suggests potential for steady returns on rental properties or flipping homes in a stable market. Small-business owners can benefit from a sizable local population of over 25,000, providing a solid customer base, while the area’s demographic homogeneity may simplify targeting products or services to the majority White population. Lastly, analysts can use these metrics to benchmark ZIP 38583 against neighboring areas, identifying trends in housing affordability or population growth for deeper market studies.

Run This Study Yourself

Want to explore ZIP 38583 or any other area in greater detail? Follow these simple steps to uncover valuable insights tailored to your needs:

• Visit ZipcodeGPT to access a powerful tool for demographic and housing analysis.
• Enter the ZIP code of interest to generate a comprehensive report with the latest data.
• Use the insights to inform your decisions, whether you’re buying a home, investing, or planning a business venture.