ZIP 57401 - 860Z200US57401 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 57401, understanding the local demographics and housing landscape is essential. Located in a vibrant area, this ZIP code encompasses a population of over 32,000 residents and offers a mix of housing options and economic diversity. This article breaks down the latest 2023 data to provide clear, actionable insights for homebuyers, real estate investors, agents, small-business owners, and analysts. From population trends to median income and housing costs, here’s what you need to know about ZIP 57401.

Population & Households

ZIP 57401 is home to a total population of 32,064 individuals as of 2023. This sizable community is spread across 13,868 households, indicating a balanced mix of family and individual living arrangements. With 15,016 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could signal opportunities for buyers or renters looking to settle in this region. Whether you're a homebuyer seeking a community with a strong population base or an investor analyzing demand, these numbers provide a solid foundation for understanding the area’s residential dynamics.

Income & Housing Costs

Economic stability is a key factor when evaluating any area, and ZIP 57401 shows promising figures. The median household income here is $68,183, reflecting a moderate earning capacity that supports a comfortable lifestyle for many residents. On the housing front, the median home value stands at $216,300, offering a relatively accessible entry point for buyers compared to larger urban markets. For renters, the median rent is $787 per month, which is notably affordable given the income levels. These metrics suggest that ZIP 57401 strikes a balance between affordability and economic opportunity, making it an attractive option for diverse groups.

Race & Ethnicity

The demographic makeup of ZIP 57401 provides insight into the cultural fabric of the area. The population is predominantly White, accounting for 82.9% of residents. Hispanic individuals make up 4.88%, while Asian residents represent 3.34% of the population. Black residents constitute a smaller portion at 0.25%. This composition indicates a largely homogeneous community with pockets of diversity, which may influence local businesses, schools, and community services. For small-business owners or investors, understanding this breakdown can help tailor offerings or marketing strategies to resonate with the majority demographic while addressing the needs of smaller groups.

Key Facts

• Total population in ZIP 57401: 32,064 residents as of 2023.
• Total households: 13,868, supporting a mix of family and solo living.
• Total housing units: 15,016, suggesting potential availability for new residents.
• Median household income: $68,183, indicating moderate economic stability.
• Median home value: $216,300, an accessible price point for many buyers.
• Median rent: $787, offering affordability for renters.
• Racial composition: 82.9% White, 4.88% Hispanic, 3.34% Asian, 0.25% Black.

What This Means for You

For homebuyers, ZIP 57401 presents a compelling opportunity to purchase a home at a median value of $216,300, which is reasonable given the median household income of $68,183. The slight surplus of housing units (15,016 total versus 13,868 households) could mean less competition in the market, potentially giving you negotiating power. Renters will appreciate the median rent of $787, which aligns well with local earnings, ensuring housing costs don’t overly strain budgets.

Real estate investors and agents can leverage the area’s population size of 32,064 to target a sizable market. The affordability of homes and rents suggests steady demand from both buyers and tenants, while the surplus of units may indicate room for development or rental property investments. Keep an eye on the demographic trends—catering to the predominantly White population while addressing the needs of growing Hispanic and Asian communities could yield long-term returns.

Small-business owners will find a stable customer base in ZIP 57401, supported by a median income that allows for discretionary spending. Tailoring products or services to the cultural preferences of the majority demographic, while being inclusive of smaller groups, can help build a loyal clientele. Analysts can use these metrics to benchmark ZIP 57401 against neighboring areas, identifying trends in housing affordability or population growth for deeper market studies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 57401? 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 costs, and more, tailored to your specific interests.
• Use the insights to make informed decisions, whether you’re buying a home, investing in property, or planning a business venture in the area.