ZIP 53172 - 860Z200US53172 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 53172, located in South Milwaukee, Wisconsin, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 20,000 and a mix of housing options, this ZIP code presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you understand the community, economy, and housing landscape.

Population & Households

ZIP 53172 is home to 20,547 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 8,679 households, reflecting a strong residential base. With 9,150 total housing units in the area, there’s a small buffer of available properties, which could indicate a stable but not oversaturated market. For families or individuals looking to settle down, this population size suggests access to local amenities and a tight-knit community vibe, while still offering room for growth.

Income & Housing Costs

The median household income in ZIP 53172 stands at $70,146, positioning it as a middle-income area with solid earning potential. This income level supports a comfortable lifestyle for many residents and signals purchasing power for local businesses. On the housing front, the median home value is $216,400, which is relatively affordable compared to national averages, making it an attractive option for first-time buyers or investors seeking value. For renters, the median rent is $1,014 per month, offering a more budget-friendly alternative to homeownership while still reflecting the area’s desirability.

Race & Ethnicity

The demographic makeup of ZIP 53172 is predominantly White, with 78.39% of the population identifying as such. Hispanic or Latino residents make up 13.11%, adding a notable cultural diversity to the community. Black or African American residents account for 2.44%, and Asian residents represent 0.44%. This composition suggests a primarily homogeneous area with growing diversity, which could influence community dynamics, local businesses, and cultural offerings. For those prioritizing inclusivity or targeting specific demographics, these figures provide a starting point for understanding the area’s social fabric.

Key Facts

• Total population: 20,547 residents, offering a suburban community scale.
• Total households: 8,679, indicating a strong residential presence.
• Total housing units: 9,150, with a slight surplus over occupied homes.
• Median household income: $70,146, reflecting middle-income stability.
• Median home value: $216,400, an accessible entry point for buyers.
• Median rent: $1,014, providing affordable rental options.
• Racial composition: 78.39% White, 13.11% Hispanic, 2.44% Black, 0.44% Asian.

What This Means for You

For homebuyers, ZIP 53172 offers a compelling mix of affordability and community. With a median home value of $216,400, you can enter the market without overextending financially, while the median income of $70,146 suggests neighbors with stable earnings. Renters can also find value with a median rent of $1,014, ideal for those not ready to buy.

For investors and real estate agents, the slight surplus of housing units (9,150 total vs. 8,679 households) hints at potential vacancies or opportunities for flips and rentals. The area’s income levels support a tenant base that can afford consistent rent, and the home values suggest room for appreciation in a growing market.

For small-business owners, a population of 20,547 with a solid median income means a customer base with disposable income. The diversity, particularly the 13.11% Hispanic population, could guide product offerings or marketing strategies to resonate with varied cultural needs.

For analysts, these metrics provide a foundation for deeper studies into housing trends, economic stability, or demographic shifts in ZIP 53172, helping to inform broader regional strategies.

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