ZIP 59801 - 860Z200US59801 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 59801, located in the heart of Missoula, Montana, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 31,000 and a mix of housing and income dynamics, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living, investing, or operating in 59801.

Population & Households

ZIP 59801 is home to 31,127 residents, making it a moderately sized community with a vibrant local presence. These individuals are spread across 14,887 households, reflecting a diverse mix of family structures, singles, and shared living arrangements. With 15,814 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate some availability for new residents or investors looking to enter the market. Understanding the population and household makeup is essential for gauging community needs, from housing demand to local services.

Income & Housing Costs

The median household income in ZIP 59801 stands at $55,022, which provides a benchmark for affordability and economic stability in the area. When paired with housing costs, this figure helps paint a picture of financial accessibility for potential residents or business customers. The median house value here is $393,400, reflecting a relatively high entry point for homeownership that may appeal to buyers with stable finances or investors seeking long-term value. For renters, the median rent is $1,086 per month, which suggests a more accessible option for those not ready to buy or looking for flexibility. These numbers highlight the balance between income and housing costs, a critical factor for anyone considering a stake in 59801.

Race & Ethnicity

The demographic composition of ZIP 59801 offers insight into the cultural fabric of the community. The population is predominantly White at 84.81%, with smaller percentages of Black (1.55%), Asian (0.78%), and Hispanic (5.4%) residents. This distribution indicates a relatively homogenous area with some diversity, which can influence community dynamics, local business offerings, and cultural events. For businesses and investors, understanding these demographics can help tailor services or marketing strategies to resonate with the majority while addressing the needs of minority groups in the area.

Key Facts

• Total population: 31,127 residents in ZIP 59801 as of 2023.
• Total households: 14,887, indicating a mix of family and individual living arrangements.
• Total housing units: 15,814, suggesting some availability for new occupants.
• Median household income: $55,022, a key indicator of local economic health.
• Median house value: $393,400, reflecting a competitive real estate market.
• Median rent: $1,086, offering a more affordable housing option.
• Racial composition: 84.81% White, 5.4% Hispanic, 1.55% Black, 0.78% Asian.

What This Means for You

For homebuyers, ZIP 59801 offers a community with a solid population base and a median home value of $393,400, which suggests a market with potential for appreciation but requires financial readiness. The rental market, with a median rent of $1,086, could be a stepping stone if buying isn’t immediate. Investors and real estate agents might find opportunity in the slight surplus of housing units (15,814 vs. 14,887 households), which could signal room for flipping properties or catering to incoming residents. The income level of $55,022 indicates a community with moderate purchasing power, important for assessing tenant reliability or property demand. Small-business owners can leverage the demographic data—especially the predominantly White population with growing diversity—to tailor products, services, or marketing to local tastes while exploring niche markets. Analysts can use these metrics as a baseline for deeper studies on housing trends or economic shifts in 59801, ensuring data-driven insights for clients or stakeholders.

Run This Study Yourself

Want to dive deeper into ZIP 59801 or analyze another area? Follow these simple steps to get customized demographic and housing insights:

• Visit ZipcodeGPT to access a powerful tool for ZIP code analysis.
• Enter the ZIP code of interest to pull up the latest data on population, income, housing, and more.
• Use the insights to inform your decisions, whether you’re buying, investing, or planning a business venture.