ZIP 62301 - 860Z200US62301 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business venture in ZIP 62301, understanding the local demographics and housing landscape is essential. Located in a region with a stable population and affordable housing, this area offers unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Using the latest 2023 data, this snapshot provides a clear picture of the community’s composition, income levels, and housing metrics to help you make informed decisions.

Population & Households

ZIP 62301 is home to a population of 30,987 residents, making it a moderately sized community with a mix of urban and suburban characteristics. This population is distributed across 13,855 households, reflecting a diverse range of family structures and living arrangements. With 15,295 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking for rental properties.

Income & Housing Costs

The median household income in ZIP 62301 stands at $52,212, positioning it as a middle-income area where affordability remains a key draw. For those eyeing homeownership, the median house value is $124,200—a figure that suggests reasonable entry points for first-time buyers or investors seeking value. Renters, meanwhile, face a median rent of $805 per month, which is relatively affordable compared to national averages and could appeal to tenants or property managers looking to balance cost and return.

Race & Ethnicity

The demographic makeup of ZIP 62301 is predominantly White, with 84.19% of residents identifying as such. Black residents account for 6.04% of the population, while Asian residents make up 1.06%. Hispanic or Latino individuals represent 2.74% of the community. This composition reflects a largely homogeneous area with smaller but notable diversity, which may influence cultural dynamics, business opportunities, and community services in the region.

Key Facts

• Total population: 30,987 residents in ZIP 62301 as of 2023.
• Total households: 13,855, indicating a mix of family and individual living arrangements.
• Total housing units: 15,295, suggesting potential availability for new occupants or rentals.
• Median household income: $52,212, reflecting a middle-income community.
• Median house value: $124,200, offering affordability for buyers and investors.
• Median rent: $805, a competitive rate for tenants and landlords.
• Racial composition: 84.19% White, 6.04% Black, 1.06% Asian, and 2.74% Hispanic.

What This Means for You

For homebuyers, ZIP 62301 presents an affordable entry into homeownership with a median house value of $124,200. The slight surplus of housing units (15,295 total versus 13,855 households) could mean less competition for available properties, giving you room to negotiate. Investors and real estate agents might find opportunity in the rental market, where a median rent of $805 offers a balance between affordability for tenants and potential returns on investment, especially with unoccupied units potentially available. Small-business owners can leverage the stable population of nearly 31,000 and a median income of $52,212 to target a middle-income customer base, while the area’s demographic makeup may guide product or service offerings to align with community needs. Analysts can use these metrics as a baseline to track trends in housing availability, income growth, or demographic shifts over time, providing valuable insights for strategic planning.

Run This Study Yourself

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