ZIP 58102 - 860Z200US58102 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 58102 for buying a home, investing in property, or starting a business, understanding the local demographics and housing landscape is essential. Located in the heart of Fargo, North Dakota, this area offers a mix of residential and commercial opportunities. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing costs, and racial composition in 58102. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about this vibrant community.

Population & Households

ZIP code 58102 is home to a population of 32,591 residents, making it a moderately sized area with a diverse community. These individuals are distributed across 14,587 households, reflecting a balance of family units, singles, and shared living arrangements. With 16,757 total housing units in the area, there’s a noticeable gap between occupied and available properties, which could signal opportunities for investors or buyers looking for options in this market. This population density supports a range of local businesses and services, creating a stable foundation for economic activity in 58102.

Income & Housing Costs

The median household income in ZIP 58102 stands at $56,028, which provides a solid economic base for residents. This income level suggests that many households have the financial capacity to support local businesses and sustain a comfortable lifestyle. On the housing front, the median house value is $235,600, offering a relatively accessible entry point for homebuyers compared to larger urban markets. For renters, the median rent is $829 per month, making 58102 an affordable option for those not yet ready to purchase. These figures highlight a balanced housing market that caters to a variety of budgets and preferences.

Race & Ethnicity

The demographic makeup of ZIP 58102 reflects a predominantly white population at 84.33%, with smaller but significant representation from other groups. Black residents account for 3.92% of the population, while Asian individuals make up 2.9%. Additionally, 5.37% of the population identifies as Hispanic. This composition indicates a community with a strong cultural core and growing diversity, which can influence local businesses, schools, and community services. For investors and business owners, understanding this mix is key to tailoring offerings that resonate with the area’s residents.

Key Facts

• Total population in ZIP 58102: 32,591 residents.
• Total households: 14,587, indicating a mix of family and individual living arrangements.
• Total housing units: 16,757, with some vacancy that may present opportunities.
• Median household income: $56,028, supporting a stable local economy.
• Median house value: $235,600, accessible for many prospective buyers.
• Median rent: $829, offering affordability for renters.
• Racial composition: 84.33% white, 3.92% black, 2.9% Asian, 5.37% Hispanic.

What This Means for You

For homebuyers, ZIP 58102 offers a promising market with median home values at $235,600, which could be within reach for many looking to settle in a community with a strong population base of over 32,000. The affordable median rent of $829 also makes this area attractive for those testing the waters before committing to a purchase. Real estate investors and agents will note the gap between total housing units (16,757) and households (14,587), suggesting potential for rental properties or flips in a market with steady demand. Small-business owners can leverage the median income of $56,028 and diverse demographic profile to target products and services that meet local needs, from family-oriented offerings to culturally specific goods. Analysts can use these metrics to benchmark 58102 against neighboring ZIP codes for deeper market studies. This data equips you with the clarity needed to act confidently in this area.

Run This Study Yourself

Want to dive deeper into ZIP 58102 or explore another area? Follow these simple steps to get tailored insights:

• Visit ZipcodeGPT to access powerful demographic and housing analysis tools.
• Enter the ZIP code of interest to generate a detailed report like this one.
• Use the data to inform your homebuying, investment, or business decisions with confidence.