ZIP 53562 - 860Z200US53562 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 53562 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of the area in 2023. Located in a vibrant community, likely near Madison, Wisconsin, this ZIP code encompasses a population of nearly 30,000 and a robust housing market. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, understanding the makeup of 53562 can help you make informed decisions. Let’s dive into the key metrics around population, income, housing costs, and diversity to uncover what makes this area unique.

Population & Households

ZIP code 53562 is home to 29,488 residents, making it a moderately sized community with a mix of urban and suburban characteristics. These individuals are distributed across 13,189 households, reflecting a strong residential base. With 13,617 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 a stable community with room for growth, appealing to families and individuals seeking a place to settle.

Income & Housing Costs

Financially, ZIP 53562 stands out with a median household income of $97,241, pointing to a relatively affluent population. This income level supports a strong local economy, which can be a draw for businesses and investors. On the housing front, the median home value is $495,600, reflecting a premium market where properties hold significant value. For renters, the median rent is $1,394 per month, indicating a competitive rental landscape. These figures suggest that while the cost of living is higher than average, the area offers economic stability and potential for long-term investment returns.

Race & Ethnicity

The demographic composition of ZIP 53562 reveals a diverse yet predominantly white community. Approximately 77.48% of residents identify as white, while 8.55% are Hispanic, 8.22% are Asian, and 2.02% are Black. This mix indicates a multicultural environment with opportunities for cultural exchange, which can be a significant advantage for businesses catering to varied customer bases or families seeking inclusive communities. Understanding this diversity can help stakeholders align their strategies with the area’s unique social fabric.

Key Facts

• Total population in ZIP 53562: 29,488 residents in 2023.
• Total households: 13,189, supporting a strong residential foundation.
• Total housing units: 13,617, with a small surplus over occupied homes.
• Median household income: $97,241, indicating economic strength.
• Median home value: $495,600, reflecting a high-value real estate market.
• Median rent: $1,394, competitive for the region.
• Racial composition: 77.48% white, 8.55% Hispanic, 8.22% Asian, 2.02% Black.

What This Means for You

For homebuyers, ZIP 53562 offers a stable, affluent community with high property values, making it a solid long-term investment despite the higher entry cost. The slight surplus of housing units could mean opportunities to find a home, though competition may be stiff given the median value of nearly $500,000. Real estate investors and agents will find a lucrative market here, with strong income levels supporting demand for both purchases and rentals—consider focusing on properties that cater to families or professionals drawn to the area’s economic vitality. Small-business owners can leverage the diverse population and high median income to target a range of customers, particularly in sectors like retail, dining, or services that appeal to a multicultural clientele. Analysts can use these metrics as a benchmark to compare with neighboring ZIP codes or track trends over time, identifying growth potential or market shifts in 53562.

Run This Study Yourself

• Curious about other areas or deeper insights into ZIP 53562? Start by visiting ZipcodeGPT to access powerful demographic tools.
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• Use the analysis to inform your homebuying, investment, or business decisions with confidence.