ZIP 55454 - 860Z200US55454 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 55454 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a unique blend of population diversity and housing characteristics that can influence your decision. Using the latest 2023 data, this snapshot provides a clear, data-driven look at key metrics like population, income, housing costs, and racial composition. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you assess the potential of 55454 with confidence.

Population & Households

ZIP code 55454 is home to a population of 8,628 residents. This moderate-sized community is distributed across 3,644 households, indicating a relatively dense living environment. The total number of housing units stands at 3,823, suggesting a small surplus of available units compared to occupied households. This could point to opportunities for renters or buyers looking to move into the area, as well as for investors eyeing vacant properties. The household-to-population ratio also hints at smaller average household sizes, which may reflect a mix of single occupants, students, or smaller families residing in the area.

Income & Housing Costs

Financial metrics are critical when evaluating any area, and ZIP 55454 presents a distinct economic profile. The median household income here is $26,429, which is notably lower than many national and regional averages. This figure suggests that affordability may be a key concern for residents and could influence the types of businesses or services that thrive here. On the housing front, the median house value is $184,700, offering a relatively accessible entry point for homebuyers compared to higher-priced markets. Meanwhile, the median rent is $947 per month, which aligns with the lower income levels and may appeal to renters seeking budget-friendly options. For investors, these numbers could indicate potential for affordable housing investments, though careful analysis of rental yields and appreciation trends is advised.

Race & Ethnicity

Diversity is a defining characteristic of ZIP 55454, with a racial and ethnic composition that reflects a vibrant, multicultural community. The largest demographic group is Black or African American, making up 57.78% of the population. White residents account for 25.16%, while Asian individuals represent 5.73%. Additionally, 4.39% of the population identifies as Hispanic or Latino. This rich diversity can be a significant draw for businesses aiming to serve varied cultural needs or for families seeking an inclusive environment. Understanding these demographics can also help real estate agents and investors tailor their strategies to meet the preferences and needs of the local population.

Key Facts

• Total population in ZIP 55454: 8,628 residents.
• Total households: 3,644, with 3,823 total housing units available.
• Median household income: $26,429, reflecting a lower-income community.
• Median house value: $184,700, an accessible price point for buyers.
• Median rent: $947 per month, catering to budget-conscious renters.
• Racial composition: 57.78% Black, 25.16% White, 5.73% Asian, 4.39% Hispanic.

What This Means for You

For homebuyers, ZIP 55454 offers an affordable entry into homeownership with a median house value of $184,700, though the lower median income of $26,429 suggests the need for careful budgeting. Renters may find the median rent of $947 appealing, especially in a diverse and vibrant community. Real estate investors and agents should note the slight surplus of housing units (3,823 total units versus 3,644 households), which could signal opportunities for rental properties or fixer-uppers, though demand and local economic conditions must be weighed. Small-business owners can leverage the area’s diversity—particularly the significant Black and multicultural population—to offer tailored products or services, such as culturally specific goods or community-focused initiatives. Analysts can use these metrics as a baseline to track trends in housing affordability and demographic shifts over time, providing deeper insights into the area’s future potential.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 55454? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your needs.
• Use the insights to make informed decisions for buying, investing, or launching a business in any area of interest.