ZIP 53220 - 860Z200US53220 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 53220, located in the Milwaukee area of Wisconsin, this demographic and housing snapshot offers a clear picture of the community as of 2023. With a population of over 27,000 and a mix of housing options, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you understand what makes ZIP 53220 distinct and whether it aligns with your goals.

Population & Households

ZIP 53220 is home to 27,678 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 12,106 households, reflecting a mix of family and individual living arrangements. With 12,547 total housing units in the area, there’s a small buffer of available properties, which could indicate a stable housing market with room for growth or turnover. For those looking to settle or invest, this balance suggests a community that’s neither overcrowded nor underpopulated, offering a comfortable density for various lifestyles.

Income & Housing Costs

The median household income in ZIP 53220 stands at $69,301, positioning it as a middle-income area with reasonable earning potential for residents. This income level supports a median house value of $218,800, which is accessible for many first-time buyers or investors seeking affordable entry points in the Milwaukee metro region. For renters, the median rent of $1,063 per month offers a more budget-friendly alternative to homeownership, making this ZIP code appealing to a range of economic backgrounds. These figures suggest a market where both buying and renting are viable, depending on your financial strategy.

Race & Ethnicity

ZIP 53220 boasts a diverse population, with a racial and ethnic composition that reflects a blend of backgrounds. The breakdown includes 61.24% White, 24.38% Hispanic, 6.86% Asian, and 4.19% Black residents. This diversity can be a significant draw for those seeking a multicultural environment, whether for personal living, community engagement, or business opportunities. It also hints at a variety of cultural amenities, dining options, and social networks that could enrich life or commerce in the area.

Key Facts

• Total population: 27,678 residents, offering a suburban community scale.
• Total households: 12,106, indicating a mix of family and solo living.
• Total housing units: 12,547, with slight availability beyond current occupancy.
• Median household income: $69,301, reflecting a solid middle-income base.
• Median house value: $218,800, an accessible price point for many buyers.
• Median rent: $1,063, providing affordable rental options.
• Diversity: 61.24% White, 24.38% Hispanic, 6.86% Asian, 4.19% Black, showcasing a multicultural community.

What This Means for You

For homebuyers, ZIP 53220 offers a promising mix of affordability and community diversity. With median home values at $218,800 and a median income of $69,301, purchasing here could be within reach for many, especially in a stable market with available housing units. The diversity also means a welcoming environment for families or individuals from varied backgrounds.

For investors and real estate agents, the slight surplus of housing units (12,547 vs. 12,106 households) suggests potential for rental or flip opportunities, especially with a median rent of $1,063 that could attract tenants. The moderate home values also make this an area to watch for appreciation or steady returns.

For small-business owners, the population size and diversity in ZIP 53220 signal a customer base with varied needs and cultural preferences. A median income of $69,301 indicates disposable income for goods and services, while the community’s scale supports local business growth without overwhelming competition.

For analysts, these metrics provide a baseline for deeper market studies, whether tracking housing trends, income distribution, or demographic shifts. The data paints ZIP 53220 as a balanced, diverse area worth monitoring for future changes.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 53220? 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 costs, and more, tailored to your needs.
• Use the insights to make informed decisions for buying, investing, or launching a business in any area of interest.