ZIP 50158 - 860Z200US50158 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 50158 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a blend of affordability and diversity that appeals to a wide range of stakeholders. With a population of over 31,000 and a median household income of $71,212, this region presents unique opportunities for homebuyers, real estate investors, agents, small-business owners, and analysts. In this detailed snapshot based on 2023 data, we break down the key metrics to help you make informed decisions about ZIP 50158.

Population & Households

ZIP 50158 is home to a sizable population of 31,163 residents, making it a vibrant community with a strong local presence. These individuals are distributed across 11,722 households, reflecting a mix of family structures and living arrangements. The total number of housing units in the area stands at 12,614, indicating a slight surplus of available properties compared to occupied households. This gap could signal opportunities for prospective buyers or investors looking to enter the market in ZIP 50158, as well as potential for rental property demand.

Income & Housing Costs

Financial stability is a key consideration for anyone eyeing ZIP 50158, and the median household income of $71,212 suggests a solid economic foundation for many residents. When it comes to housing, the median home value in this area is $130,500, positioning it as a relatively affordable market compared to national averages. For renters, the median monthly rent is $865, offering a cost-effective alternative to homeownership. These figures highlight ZIP 50158 as a practical choice for first-time buyers or investors seeking value, while also providing small-business owners with a customer base that has disposable income to spend locally.

Race & Ethnicity

The demographic makeup of ZIP 50158 reflects a diverse community, which can be a draw for businesses and residents alike. The racial and ethnic composition includes 60.49% White, 1.87% Black, 4.65% Asian, and a significant 29.52% Hispanic population. This diversity fosters a culturally rich environment, offering unique opportunities for businesses to cater to varied consumer preferences and for residents to engage in a multifaceted community. Understanding this breakdown can help real estate agents and investors tailor their strategies to meet the needs of different demographic groups in ZIP 50158.

Key Facts

• Total population in ZIP 50158: 31,163 residents, indicating a robust community size.
• Total households: 11,722, showing a strong base of local families and individuals.
• Total housing units: 12,614, suggesting potential availability for new occupants or investors.
• Median household income: $71,212, reflecting a stable economic environment.
• Median home value: $130,500, offering affordability in the housing market.
• Median rent: $865 per month, providing a budget-friendly option for renters.
• Diverse population: 29.52% Hispanic, 60.49% White, with smaller Asian and Black communities.

What This Means for You

For homebuyers, ZIP 50158 offers an affordable entry point into homeownership with a median home value of $130,500, well within reach for many budgets, especially given the median household income of $71,212. Investors and real estate agents will find the slight surplus of housing units (12,614 total versus 11,722 households) intriguing, as it may indicate room for flipping properties or securing rental income at a median rent of $865. Small-business owners can leverage the area’s diversity—particularly the significant Hispanic population of 29.52%—to offer tailored products or services that resonate with local culture. Analysts studying ZIP 50158 will appreciate the balanced economic and demographic data as a foundation for deeper market research. Whether you’re buying, investing, or building a business, this ZIP code presents a compelling mix of opportunity and stability.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 50158? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code of interest to access up-to-date metrics on population, income, housing costs, and more.
• Use the insights to inform your next real estate move, business plan, or market analysis with confidence.