ZIP 53711 - 860Z200US53711 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 53711 in Madison, Wisconsin, as a place to live, invest, or start a business, understanding the area’s demographic and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing costs, and cultural diversity in this vibrant community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about opportunities in 53711.

Population & Households

ZIP code 53711 is home to a population of 50,474 residents, making it a sizable and dynamic area within the Madison region. These individuals are distributed across 22,675 households, reflecting a mix of family structures, singles, and professionals. With 23,500 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.

Income & Housing Costs

Financially, ZIP 53711 stands out with a median household income of $101,236, pointing to a relatively affluent population. This income level supports a robust local economy, which can be a draw for businesses and investors. On the housing front, the median home value is $387,600, reflecting a competitive real estate market that aligns with the area’s higher income bracket. For renters, the median rent is $1,357 per month, indicating a significant cost for those not ready to buy. These figures suggest that 53711 is a market for those with solid financial footing, whether purchasing a home or leasing.

Race & Ethnicity

The cultural makeup of ZIP 53711 offers a glimpse into its diversity. The population is predominantly White at 71.18%, with smaller but notable shares of Black (6.17%), Asian (7.37%), and Hispanic (10.78%) residents. This mix creates a community with varied perspectives and needs, which can be a strength for businesses aiming to serve a broad customer base or for families seeking an inclusive environment. Understanding this diversity is key for anyone looking to connect with or invest in this area.

Key Facts

• Total population in ZIP 53711: 50,474 residents.
• Total households: 22,675, indicating a mix of family and individual living arrangements.
• Total housing units: 23,500, suggesting some availability for new occupants.
• Median household income: $101,236, reflecting a strong economic base.
• Median home value: $387,600, indicative of a competitive housing market.
• Median rent: $1,357, a significant cost for renters in the area.
• Racial composition: 71.18% White, 6.17% Black, 7.37% Asian, 10.78% Hispanic.

What This Means for You

For homebuyers, ZIP 53711 offers a stable yet competitive market with median home values at $387,600. The higher median income of $101,236 suggests neighbors with financial security, often correlating with well-maintained properties and strong community resources. However, be prepared for a significant investment if buying, or a median rent of $1,357 if leasing.

Real estate investors and agents will find opportunity in the slight surplus of housing units (23,500 total vs. 22,675 households), which could mean potential for rentals or flips. The area’s income levels support higher property values, making it a promising spot for long-term appreciation, though entry costs are notable.

Small-business owners can leverage the diverse population of 50,474 and the area’s economic strength. With a median household income over $100,000, there’s disposable income for goods and services, especially those catering to a culturally varied clientele (e.g., food, retail, or professional services).

Analysts can use these metrics to benchmark 53711 against other ZIP codes, focusing on income-to-housing cost ratios or diversity trends to predict future growth or shifts in demand.

Run This Study Yourself

• Curious about another ZIP code or want to dive deeper into 53711? Start by visiting ZipcodeGPT for a user-friendly way to access detailed demographic and housing data.
• Enter any ZIP code to generate a customized report with the latest stats, tailored to your needs as a buyer, investor, or business owner.
• Use the insights to compare markets, spot trends, and make data-driven decisions with confidence.