ZIP 53403 - 860Z200US53403 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 53403 for a home purchase, investment opportunity, or business location, understanding the area’s demographic and housing landscape is essential. Located in Racine, Wisconsin, this ZIP code offers a diverse community with a mix of affordability and opportunity. This 2023 snapshot provides a clear, data-driven look at population, income, 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.

Population & Households

ZIP 53403 is home to a population of 26,696 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 10,575 households, reflecting a mix of family and individual living arrangements. With 11,876 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking to enter the market. This balance suggests potential opportunities for those seeking to buy or rent in this ZIP code.

Income & Housing Costs

The median household income in ZIP 53403 stands at $58,274, positioning it as a middle-income area where affordability meets opportunity. For homebuyers, the median house value of $159,100 offers a relatively accessible entry point into homeownership compared to national averages. Renters, on the other hand, face a median rent of $1,029 per month, which aligns with the income levels and provides a reasonable cost of living for many. These figures suggest that ZIP 53403 could be a practical choice for families, young professionals, or investors seeking value in both purchase and rental markets.

Race & Ethnicity

ZIP 53403 boasts a diverse population, reflecting a rich cultural tapestry that can appeal to a wide range of residents and businesses. The racial composition breaks down as follows: 42.04% White, 27.25% Black, 0.94% Asian, and 24.37% Hispanic. This diversity fosters a dynamic community environment, offering unique perspectives and opportunities for cultural engagement. For businesses, this mix can translate into a broad customer base, while homebuyers may appreciate the inclusive atmosphere when choosing a place to settle.

Key Facts

• Total population: 26,696 residents, offering a sizable community for engagement and business potential.
• Total households: 10,575, indicating a strong base of local families and individuals.
• Total housing units: 11,876, suggesting some availability for new occupants or investment properties.
• Median household income: $58,274, reflecting a middle-income area with balanced affordability.
• Median house value: $159,100, an accessible price point for many prospective buyers.
• Median rent: $1,029, providing a reasonable rental cost for tenants.
• Diverse demographics: 42.04% White, 27.25% Black, 0.94% Asian, and 24.37% Hispanic, highlighting a multicultural community.

What This Means for You

For homebuyers, ZIP 53403 presents an affordable housing market with a median home value of $159,100, well within reach for many budgets. The slight surplus of housing units could mean less competition when searching for your ideal property. Investors and real estate agents might find value in the area’s diversity and income levels, which support a stable rental market with a median rent of $1,029—ideal for consistent cash flow. The population size and household count also suggest a steady demand for housing. Small-business owners can leverage the diverse demographic makeup to attract a wide customer base, while the median income indicates that residents have disposable income for local goods and services. Analysts can use these metrics to benchmark ZIP 53403 against other areas, identifying trends in affordability and cultural composition. Across all groups, this ZIP code offers a balanced mix of opportunity and accessibility.

Run This Study Yourself

Want to dive deeper into ZIP 53403 or compare it with another area? Follow these simple steps to get tailored insights:

• Visit ZipcodeGPT to access powerful demographic and housing analysis tools.
• Enter any ZIP code to uncover detailed metrics on population, income, housing, and more.
• Use the data to inform your homebuying, investment, or business decisions with confidence.