ZIP 62204 - 860Z200US62204 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 62204 for a home purchase, real estate investment, or business opportunity, understanding the local demographics and housing landscape is essential. Located in the St. Clair County area of Illinois, this ZIP code offers a unique profile for homebuyers, investors, agents, small-business owners, and analysts. With data from 2023, this snapshot provides a clear view of population trends, income levels, housing costs, and racial composition to help you make informed decisions. Let’s dive into the numbers and uncover what makes ZIP 62204 distinct.

Population & Households

In 2023, ZIP 62204 is home to a population of 4,824 residents. This community is supported by 1,978 households, reflecting a moderate density of families and individuals. The total number of housing units in the area stands at 3,313, indicating a significant portion of vacant or potentially underutilized properties. For those exploring residential or investment opportunities, this balance of population and housing stock suggests room for growth or redevelopment in the area.

Income & Housing Costs

Financial metrics are critical when evaluating a ZIP code for personal or professional purposes. In ZIP 62204, the median household income is $36,789, which is notably lower than many national averages. This figure can influence affordability for potential residents and signal market dynamics for investors. On the housing front, the median house value is $48,200, offering a low entry point for buyers or investors seeking budget-friendly properties. For renters, the median rent is $783 per month, making this area accessible for those not ready to buy. These numbers highlight ZIP 62204 as a potentially affordable market, though income constraints may shape demand.

Race & Ethnicity

Understanding the cultural makeup of a community can inform everything from business strategies to community engagement. In ZIP 62204, the racial composition in 2023 shows a predominantly Black population at 81.61%, with smaller percentages of White (2.86%), Asian (1.08%), and Hispanic or Latino (8.71%) residents. This demographic profile reflects a community with strong cultural identity, which could be a draw for businesses or individuals looking to connect with or serve a specific demographic. For investors and business owners, this data can guide marketing efforts or property development plans tailored to local needs.

Key Facts

• Total population in ZIP 62204: 4,824 residents as of 2023.
• Total households: 1,978, supporting the local community.
• Total housing units: 3,313, with potential for occupancy growth.
• Median household income: $36,789, indicating a lower-income market.
• Median house value: $48,200, a budget-friendly option for buyers.
• Median rent: $783, offering affordable rental opportunities.
• Racial composition: 81.61% Black, 8.71% Hispanic, 2.86% White, 1.08% Asian.

What This Means for You

For homebuyers, ZIP 62204 presents an opportunity to enter the housing market at a low cost, with median home values at $48,200. This could be ideal for first-time buyers or those seeking fixer-uppers, though it’s worth considering the lower median income of $36,789 when assessing long-term value growth. Investors and real estate agents will note the surplus of housing units (3,313 total) compared to households (1,978), suggesting potential for rental properties or redevelopment projects. The affordable median rent of $783 could attract tenants, but income levels may limit rent increases. Small-business owners can leverage the demographic makeup—particularly the predominant Black population of 81.61%—to tailor products, services, or marketing to community needs. Analysts can use this data to track trends in affordable housing markets or cultural demographics, identifying opportunities for growth or support in ZIP 62204.

Run This Study Yourself

Want to dive deeper into ZIP 62204 or explore another area? Follow these steps to get personalized insights:

• Visit ZipcodeGPT to access a powerful tool for demographic and housing analysis.
• Enter any ZIP code to uncover detailed metrics like population, income, and housing costs.
• Use the data to inform your next home purchase, investment, or business decision with confidence.