ZIP 58554 - 860Z200US58554 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 58554, understanding the local demographics and housing landscape is essential. Located in a vibrant area, this ZIP code offers a mix of opportunity and stability for homebuyers, real estate investors, small-business owners, and analysts. With a population of nearly 30,000 and a median household income above the national average, ZIP 58554 presents a compelling profile. This article breaks down the latest 2023 data to help you make informed decisions about living, investing, or operating in this region.

Population & Households

ZIP 58554 is home to 29,175 residents, making it a moderately sized community with a strong local presence. These individuals are distributed across 11,728 households, reflecting a diverse mix of family structures and living arrangements. The total number of housing units stands at 13,066, indicating some availability of vacant or seasonal properties. This balance between population and housing suggests a community with room for growth, which could be appealing if you’re looking to settle or invest in an area with potential for future development.

Income & Housing Costs

Financial stability is a key consideration for anyone eyeing ZIP 58554. The median household income here is $82,168, a figure that points to a relatively affluent community compared to national benchmarks. This income level supports a robust local economy, which can benefit small businesses and attract investors. On the housing front, the median home value is $266,900, offering a mid-range price point that could appeal to first-time buyers or those seeking value in a stable market. For renters, the median rent is $1,048 per month, which aligns with the income levels and suggests affordability for many residents. These metrics paint a picture of a balanced housing market with opportunities for various budgets.

Race & Ethnicity

Understanding the cultural makeup of ZIP 58554 provides insight into the community’s character. The racial composition is predominantly White at 86.58%, with smaller percentages of Black (1.99%), Asian (0.25%), and Hispanic (4.65%) residents. This demographic profile indicates a largely homogeneous population with some diversity, which may influence community dynamics, local businesses, and cultural offerings. For businesses or investors, this data can help tailor services or marketing strategies to the predominant demographic while considering opportunities to serve underrepresented groups.

Key Facts

• Total population: 29,175 residents in ZIP 58554.
• Total households: 11,728, supporting a mix of family and individual living arrangements.
• Total housing units: 13,066, with some potential for vacant or seasonal properties.
• Median household income: $82,168, indicating strong earning potential.
• Median home value: $266,900, a moderate price point for buyers.
• Median rent: $1,048, suggesting reasonable rental costs.
• Racial composition: 86.58% White, 4.65% Hispanic, with smaller Black and Asian populations.

What This Means for You

For homebuyers, ZIP 58554 offers a promising mix of affordability and value with a median home price of $266,900 and a solid median income to support mortgage payments. The availability of housing units beyond the number of households suggests you might find options to suit your needs, whether you’re a first-time buyer or upgrading. Real estate investors and agents will note the potential for growth in a community with vacant units and a stable economic base—consider rental properties or fixer-uppers given the reasonable median rent of $1,048. Small-business owners can leverage the above-average income levels to target a consumer base with disposable income, focusing on goods and services that resonate with a predominantly White demographic while exploring niche markets for diverse groups. Analysts can use this data to benchmark ZIP 58554 against neighboring areas, identifying trends in housing demand or economic shifts.

Run This Study Yourself

Want to dive deeper into ZIP 58554 or compare it with other areas? Follow these steps to get customized insights:

• Visit ZipcodeGPT to access powerful demographic and housing analysis tools.
• Enter any ZIP code to uncover detailed metrics on population, income, housing, and more.
• Use the data to inform your decisions, whether you’re buying, investing, or starting a business.