ZIP 53202 - 860Z200US53202 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 53202 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of what to expect. Located in Milwaukee, Wisconsin, this area combines urban vibrancy with a diverse community profile. Using the latest 2023 data, we’ll break down population stats, household dynamics, income levels, 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 ZIP 53202.

Population & Households

ZIP 53202 is home to a population of 26,269 residents, making it a moderately sized urban community. This area supports 16,699 households, reflecting a mix of singles, families, and professionals drawn to its dynamic environment. With 18,629 total housing units, there’s a slight surplus of available homes compared to occupied households, which could signal opportunities for buyers or renters looking to settle in. The average household size here suggests a blend of solo dwellers and smaller family units, typical of urban settings with access to amenities and employment hubs.

Income & Housing Costs

The median household income in ZIP 53202 stands at $68,482, indicating a solid earning base for many residents. This income level supports a comfortable lifestyle in an urban area, though costs should be weighed carefully. On the housing front, the median home value is $298,000, reflecting a competitive real estate market that may appeal to investors seeking appreciation potential. For renters, the median rent is $1,234 per month, which aligns with the income levels but requires budgeting for those on tighter finances. These figures highlight a market where both owning and renting come with moderate costs, balancing affordability with value.

Race & Ethnicity

The demographic makeup of ZIP 53202 showcases a diverse yet predominantly white population. Approximately 74.66% of residents identify as white, while 8.17% are Black, 5.17% are Asian, and 6.09% identify as Hispanic. This mix contributes to a culturally rich community, offering varied perspectives and experiences. For businesses, this diversity can translate into a broad customer base, while homebuyers may appreciate the inclusive atmosphere. Understanding these demographics can help tailor services, marketing, or community engagement strategies to resonate with local residents.

Key Facts

• Total population: 26,269 residents in ZIP 53202 as of 2023.
• Total households: 16,699, indicating a mix of living arrangements.
• Total housing units: 18,629, suggesting some availability for new occupants.
• Median household income: $68,482, supporting a stable economic base.
• Median home value: $298,000, reflecting a competitive housing market.
• Median rent: $1,234, a notable cost for renters to consider.
• Racial composition: 74.66% white, 8.17% Black, 5.17% Asian, 6.09% Hispanic.

What This Means for You

For homebuyers, ZIP 53202 offers a vibrant urban setting with a median home value of $298,000, which could be a worthwhile investment given the area’s income stability and slight housing surplus. Investors and real estate agents will note the potential for rental income, with median rents at $1,234 appealing to a professional demographic, though competition may be stiff due to the market’s value. Small-business owners can leverage the diverse population of over 26,000 to target varied customer needs, especially in sectors like retail or dining, where cultural diversity drives demand. Analysts will find the balanced income and housing metrics useful for forecasting trends or advising clients on market entry. Overall, ZIP 53202 presents a stable, opportunity-rich environment if you align your strategy with these insights.

Run This Study Yourself

• Want to dive deeper into ZIP 53202 or compare it with another area? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
• Enter any ZIP code to access up-to-date demographic, income, and housing data tailored to your needs.
• Use the insights to inform your homebuying, investment, or business decisions with confidence.