ZIP 53188 - 860Z200US53188 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 53188, located in Waukesha, Wisconsin, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 34,000 and a robust housing market, this ZIP code presents a mix of opportunities for homebuyers, real estate investors, small-business owners, and analysts. Below, we break down key metrics on population, income, housing costs, and diversity to help you make informed decisions.

Population & Households

ZIP 53188 is home to 34,290 residents, making it a moderately sized community with a strong residential base. These individuals are distributed across 14,364 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 14,703, indicating a slight surplus of available homes compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

The median household income in ZIP 53188 is $88,656, pointing to a relatively affluent community with solid earning power. This income level supports a healthy local economy, which can be a draw for businesses seeking a stable customer base. On the housing front, the median home value is $317,300, reflecting a competitive yet accessible real estate market for buyers with moderate to high budgets. For renters, the median rent is $1,235 per month, which aligns with the area’s income levels and offers a viable alternative to homeownership. These figures suggest that ZIP 53188 strikes a balance between affordability and value, catering to a range of financial situations.

Race & Ethnicity

The demographic makeup of ZIP 53188 is predominantly White, with 81.08% of the population identifying as such. Hispanic residents account for 8.42%, while Black and Asian populations make up 4.29% and 2.35%, respectively. This composition indicates a primarily homogeneous community with pockets of diversity, which may influence cultural dynamics, local businesses, and community services. For those considering relocation or investment, understanding this mix can help tailor decisions to the area’s social fabric.

Key Facts

• Total population: 34,290 residents in 2023.
• Total households: 14,364, supporting a mix of family and solo living.
• Total housing units: 14,703, with a small surplus of available homes.
• Median household income: $88,656, indicating strong local earning power.
• Median home value: $317,300, reflecting a competitive housing market.
• Median rent: $1,235, offering a reasonable option for non-buyers.
• Racial composition: 81.08% White, 8.42% Hispanic, 4.29% Black, 2.35% Asian.

What This Means for You

For homebuyers, ZIP 53188 offers a promising market with median home values at $317,300 and a slight surplus of housing units. This could mean less competition for properties, especially if you’re flexible with timing. The median income of $88,656 also suggests neighbors with financial stability, often correlating with well-maintained communities.

For investors and real estate agents, the data points to potential in both rental and sales markets. With median rents at $1,235 and a small gap between total housing units and households, there’s room to acquire properties for leasing or flipping. The area’s income levels support sustained demand for quality housing.

For small-business owners, the population size and income levels are encouraging. A community of over 34,000 with strong earnings can sustain retail, services, and dining ventures, especially if tailored to the predominantly White demographic with growing Hispanic representation.

For analysts, these metrics provide a foundation for deeper studies into housing trends, economic growth, or demographic shifts in ZIP 53188. The balance of income and housing costs could signal long-term stability worth monitoring.

Run This Study Yourself

• Visit ZipcodeGPT to access a powerful tool for demographic and housing analysis.
• Enter any ZIP code, like 53188, to generate a detailed report tailored to your needs.
• Use the insights to guide your homebuying, investment, or business decisions with confidence.