ZIP 55021 - 860Z200US55021 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 55021, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a blend of residential stability and economic potential. With a population of over 30,000 and a median household income of $70,296, it presents a promising environment for homebuyers, real estate investors, small-business owners, and analysts alike. This article breaks down the key metrics for 2023, providing a clear snapshot of what makes ZIP 55021 unique.

Population & Households

ZIP 55021 is home to a sizable population of 30,860 residents, reflecting a community with significant scale and diversity. These individuals are distributed across 11,352 households, indicating a robust residential base. Whether you’re a homebuyer looking for a vibrant neighborhood or a business owner seeking a customer pool, this population size suggests ample opportunities for connection and growth. The number of households also points to a stable foundation for local services and retail demand.

Income & Housing Costs

The median household income in ZIP 55021 stands at $70,296, a figure that signals a moderate to strong earning capacity for many residents. This income level can support a comfortable lifestyle and provides a reliable indicator for businesses assessing purchasing power in the area. On the housing front, the median home value is $267,600, offering a competitive entry point for buyers in today’s market. For renters, the median rent is $1,044 per month, which aligns with the income levels and suggests affordability for a range of households. With 12,421 total housing units, there’s a mix of options to explore, whether you’re buying, renting, or investing.

Race & Ethnicity

The demographic makeup of ZIP 55021 reflects a diverse community, which can enrich the cultural fabric and appeal to a wide audience. The racial composition includes 71.44% White, 12.7% Black, 1.16% Asian, and 12.29% Hispanic residents. This diversity can be a draw for families seeking inclusive environments, businesses aiming to serve varied customer bases, and investors looking at long-term community growth. Understanding these dynamics helps in tailoring services, marketing strategies, or neighborhood selection to align with local needs.

Key Facts

• Total population: 30,860 residents, offering a substantial community for engagement.
• Total households: 11,352, indicating a strong residential presence.
• Total housing units: 12,421, providing a range of living options.
• Median household income: $70,296, reflecting solid economic stability.
• Median home value: $267,600, a competitive price point for buyers and investors.
• Median rent: $1,044, suggesting affordability for many renters.
• Racial diversity: 71.44% White, 12.7% Black, 1.16% Asian, 12.29% Hispanic, showcasing a varied community.

What This Means for You

For homebuyers, ZIP 55021 offers a compelling mix of affordability and community size. With a median home value of $267,600, you can find properties that fit a range of budgets, while the population and household numbers suggest a lively, connected area to call home. Investors and real estate agents will note the balance of home values and rental rates ($1,044 median rent), which could yield steady returns in a market with over 12,000 housing units. Small-business owners can leverage the $70,296 median income and diverse demographic profile to target products or services to a broad audience of 30,860 potential customers. Analysts, meanwhile, can use these metrics to benchmark ZIP 55021 against other areas, identifying trends in income, housing, or diversity that inform strategic decisions.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 55021? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, income, and housing insights tailored to your needs.
• Use the detailed reports to make informed decisions, whether you’re buying a home, investing, or planning a business venture.