ZIP 53217 - 860Z200US53217 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 53217, located in the Milwaukee area of Wisconsin, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ll break down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, agents, small-business owners, and analysts make informed decisions. Let’s dive into what makes this area unique and how it can meet your needs.

Population & Households

ZIP 53217 is home to a population of 30,381 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 11,687 households, reflecting a stable residential base. With 12,301 total housing units in the area, there’s a small buffer of available properties, which could indicate opportunities for buyers or investors looking to enter the market. The balance between population and housing suggests a community that’s neither overcrowded nor underpopulated, offering a comfortable density for families and businesses alike.

Income & Housing Costs

One of the standout features of ZIP 53217 is its strong economic profile. The median household income here is $132,044, significantly above the national average, pointing to a prosperous community with disposable income for local goods and services. Housing costs align with this affluence: the median home value is $426,100, reflecting a premium market that could appeal to investors seeking long-term appreciation. For renters, the median rent stands at $1,519 per month, which is relatively high but consistent with the area’s income levels and property values. These figures suggest that ZIP 53217 is a desirable location for those who can afford a higher cost of living in exchange for quality housing and amenities.

Race & Ethnicity

The demographic makeup of ZIP 53217 offers insight into the community’s diversity. The population is predominantly White at 77.34%, with smaller but notable percentages of Black (6.31%), Asian (4.94%), and Hispanic (5.96%) residents. This composition indicates a primarily homogeneous area with pockets of cultural diversity, which can influence the types of businesses, schools, and community services available. For small-business owners or investors, understanding this mix can help tailor offerings or marketing strategies to resonate with local residents.

Key Facts

• Total population in ZIP 53217: 30,381 residents.
• Total households: 11,687, indicating a strong residential base.
• Total housing units: 12,301, with some availability for new occupants.
• Median household income: $132,044, reflecting economic strength.
• Median home value: $426,100, a premium market for buyers and investors.
• Median rent: $1,519, aligned with the area’s higher cost of living.
• Racial composition: 77.34% White, 6.31% Black, 4.94% Asian, 5.96% Hispanic.

What This Means for You

For homebuyers, ZIP 53217 offers a high-quality living environment with a median home value of $426,100, ideal for those seeking a long-term investment in a prosperous area. The strong median income suggests neighbors with financial stability, often correlating with well-maintained properties and good schools. However, be prepared for a competitive market given the price point.

For investors and real estate agents, the slight surplus of housing units (12,301 vs. 11,687 households) hints at potential inventory to work with, while the high home values indicate room for appreciation or lucrative rental opportunities at a median rent of $1,519. This ZIP code could be a solid addition to a portfolio focused on upscale suburban markets.

For small-business owners, the affluent demographic with a median income of $132,044 means customers likely have discretionary spending power. Consider businesses that cater to family needs or premium services, keeping in mind the community’s racial diversity for targeted marketing or product offerings.

For analysts, these metrics provide a baseline for deeper research into economic trends, housing demand, or community development in ZIP 53217, especially when compared to neighboring areas or historical data.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 53217? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your specific interests.
• Use the insights to make data-driven decisions for your next home purchase, investment, or business venture with confidence.