ZIP 53204 - 860Z200US53204 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 53204 for your next home, investment, or business venture, understanding the area’s demographic and housing landscape is essential. Located in Milwaukee, Wisconsin, this ZIP code offers a unique blend of diversity, affordability, and opportunity. With a population of over 40,000 and a vibrant community, 53204 presents distinct advantages for homebuyers, real estate investors, small-business owners, and analysts. This snapshot, based on 2023 data, breaks down key metrics to help you make informed decisions about living, investing, or operating in this area.

Population & Households

ZIP 53204 is home to a substantial population of 40,008 residents, making it a densely populated urban area with a strong community presence. These residents are distributed across 13,840 households, reflecting a mix of family structures and living arrangements. The total number of housing units in the area stands at 14,979, indicating a slight surplus of available homes compared to occupied households. This gap could signal opportunities for buyers or investors looking to enter the market, as well as potential for rental property demand.

Income & Housing Costs

The median household income in ZIP 53204 is $43,645, which positions the area as a more affordable option compared to many urban centers. This income level suggests a working-class community where cost of living considerations are key for residents. On the housing front, the median home value is $106,000, offering an accessible entry point for first-time homebuyers or investors seeking properties with growth potential. For renters, the median rent is $964 per month, which aligns with the income levels and provides a reasonable option for those not ready to purchase. These figures highlight 53204 as a budget-friendly area with room for real estate appreciation.

Race & Ethnicity

One of the standout characteristics of ZIP 53204 is its cultural diversity. The racial and ethnic composition of the area shows a significant Hispanic presence at 68.38%, making it a hub for Latino culture and community. White residents account for 15.28% of the population, while Black residents make up 10.68%, and Asian residents represent 2.51%. This diversity shapes the local identity, influencing everything from food and festivals to business opportunities. For small-business owners or investors, this mix offers a chance to cater to a wide range of cultural preferences and needs.

Key Facts

• Total population: 40,008 residents, indicating a robust urban community.
• Total households: 13,840, reflecting a mix of family and individual living arrangements.
• Total housing units: 14,979, suggesting some availability for new occupants or investors.
• Median household income: $43,645, pointing to an affordable cost of living.
• Median home value: $106,000, an attractive price point for buyers and investors.
• Median rent: $964, offering reasonable rental costs for tenants.
• Dominant ethnicity: Hispanic at 68.38%, highlighting a culturally rich community.

What This Means for You

For homebuyers, ZIP 53204 offers an affordable path to homeownership with a median home value of $106,000. The area’s diversity and community vibe make it a welcoming place for families or individuals seeking a culturally rich environment. Investors and real estate agents will find potential in the slight surplus of housing units (14,979 vs. 13,840 households), which could translate to opportunities for rental properties or fixer-uppers in a market with room to grow. Small-business owners can leverage the area’s diverse population—especially the large Hispanic community—to offer tailored products or services, from culturally specific cuisine to bilingual customer support. Finally, analysts can use these metrics to track urban trends, assess affordability, or evaluate market demand in a dynamic Milwaukee ZIP code. Whether you’re buying, investing, or building a business, 53204 provides a foundation for practical and strategic decisions.

Run This Study Yourself

Want to dive deeper into ZIP 53204 or explore another area’s demographics and housing data? Follow these simple steps to get customized insights:

• Visit ZipcodeGPT to access a powerful tool for ZIP code analysis.
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