ZIP 55101 - 860Z200US55101 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 55101 for your next home, investment property, or business location, understanding the area’s demographic and housing landscape is essential. Located in the heart of St. Paul, Minnesota, this ZIP code offers a unique blend of urban living with a diverse population and a range of housing options. This 2023 snapshot provides a detailed look at key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the data to uncover what makes ZIP 55101 stand out.

Population & Households

ZIP 55101 is home to a population of 7,937 residents as of 2023, reflecting a compact yet vibrant community. These individuals are distributed across 5,136 households, indicating a relatively high density of living arrangements typical of urban areas. With 5,651 total housing units in the area, there’s a modest surplus of available homes compared to occupied households, which could signal opportunities for buyers or renters looking to move in. This balance between population and housing units suggests a stable residential base, ideal for those seeking a connected, community-driven environment.

Income & Housing Costs

Financial metrics paint a clear picture of the economic landscape in ZIP 55101. The median household income stands at $72,703, positioning this area as a moderately affluent urban zone. This income level supports a comfortable lifestyle for many residents and indicates a solid customer base for local businesses. On the housing front, the median house value is $252,700, which offers a relatively accessible entry point for homebuyers compared to broader metropolitan averages. Meanwhile, the median rent of $1,573 reflects the premium of urban living, appealing to renters who value proximity to city amenities. These figures highlight ZIP 55101 as a balanced market for both owning and renting.

Race & Ethnicity

The demographic makeup of ZIP 55101 showcases a diverse yet predominantly white population. As of 2023, 67.09% of residents identify as white, followed by 13.36% Asian, 9.81% Black, and 2.86% Hispanic. This mix reflects a multicultural environment that can enrich community life and offer unique opportunities for businesses catering to varied cultural needs. For investors and small-business owners, this diversity suggests a market with broad appeal, while homebuyers may appreciate the inclusive atmosphere that comes with a range of backgrounds and perspectives.

Key Facts

• Total population in ZIP 55101: 7,937 residents.
• Total households: 5,136, indicating a dense urban living pattern.
• Total housing units: 5,651, with some availability for new occupants.
• Median household income: $72,703, supporting a stable economic base.
• Median house value: $252,700, accessible for an urban market.
• Median rent: $1,573, reflecting the cost of city-center living.
• Racial composition: 67.09% white, 13.36% Asian, 9.81% Black, 2.86% Hispanic.

What This Means for You

For homebuyers, ZIP 55101 offers a compelling mix of affordability and urban convenience. With a median house value of $252,700, you can secure a property at a reasonable price point for a city location, while the diverse community adds cultural depth to your living experience. Real estate investors and agents will find value in the slight surplus of housing units (5,651 total versus 5,136 households), which could mean less competition for available properties and potential for rental income given the $1,573 median rent. Small-business owners can tap into a population of nearly 8,000 with a solid median income of $72,703, ensuring a customer base with disposable income, while the area’s diversity opens doors to niche markets. Analysts can use these metrics to benchmark ZIP 55101 against other urban ZIP codes, identifying trends in housing demand or demographic shifts. Whatever your goal, this data equips you to act with confidence.

Run This Study Yourself

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