ZIP 62060 - 860Z200US62060 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 62060 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 mix of affordability and diversity. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing metrics, and racial composition to help you make informed decisions. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will guide your next steps in ZIP 62060.

Population & Households

ZIP 62060 is home to a population of 3,619 residents as of 2023. This community supports 1,618 households, reflecting a moderate density of families and individuals. With 2,018 total housing units in the area, there’s a notable difference between occupied and available properties, which could signal opportunities for buyers or investors looking to enter this market. The ratio of population to households suggests an average household size of roughly 2.2 people, indicating a mix of smaller families or individuals in the area.

Income & Housing Costs

Financial metrics are critical when evaluating ZIP 62060 for personal or business purposes. The median household income here stands at $40,139, which is below the national average but offers context for affordability in housing and living costs. Speaking of housing, the median house value in this ZIP code is $53,600, making it an accessible entry point for first-time homebuyers or investors seeking lower-cost properties with potential for appreciation. For renters, the median rent is $1,019 per month, which aligns with the income levels and suggests a balanced rental market for those not ready to buy.

Race & Ethnicity

Diversity is a defining characteristic of ZIP 62060, with a racial composition that reflects a vibrant community. The population identifies as 66.04% Black, 22.69% White, and 4.17% Hispanic, with no reported Asian population in the 2023 data. This mix highlights a predominantly Black community with significant representation from other groups, offering a culturally rich environment. For businesses and investors, this diversity can translate into varied consumer needs and opportunities to cater to a wide range of preferences and backgrounds.

Key Facts

• Total population in ZIP 62060: 3,619 residents as of 2023.
• Total households: 1,618, supporting an average household size of about 2.2 people.
• Total housing units: 2,018, with a portion unoccupied and potentially available.
• Median household income: $40,139, reflecting affordability for many residents.
• Median house value: $53,600, an attractive price point for buyers and investors.
• Median rent: $1,019, reasonable given local income levels.
• Racial composition: 66.04% Black, 22.69% White, 4.17% Hispanic.

What This Means for You

For homebuyers, ZIP 62060 presents an affordable opportunity with a median house value of $53,600. This price point is ideal for first-time buyers or those looking to downsize without sacrificing community vibrancy. The diversity and moderate population size also mean a welcoming neighborhood with a strong sense of identity.

For investors and real estate agents, the gap between total housing units (2,018) and occupied households (1,618) suggests potential for rental properties or fixer-uppers. The low median home value could yield high returns if the area sees future growth or revitalization, making it a market to watch.

For small-business owners, the diverse population of ZIP 62060 offers a chance to serve a broad customer base. With a median household income of $40,139, businesses focusing on value-driven products or services—think essential goods, affordable dining, or community-focused offerings—could thrive here.

For analysts, these metrics provide a baseline for deeper research into economic trends, housing turnover, or demographic shifts in ZIP 62060. Pairing this data with historical trends could uncover patterns worth exploring.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 62060? Start by visiting ZipcodeGPT for a user-friendly platform to analyze local data.
• Enter any ZIP code to access up-to-date demographic, income, and housing insights tailored to your needs.
• Use the results to inform your homebuying, investment, or business decisions with confidence.