ZIP 63031 - 860Z200US63031 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 63031 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of the area in 2023. Located in a dynamic region, this ZIP code is home to over 50,000 residents and presents a mix of affordability, diversity, and opportunity. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, understanding the population, income, and housing trends here can guide your decisions. Let’s dive into the data to uncover what makes 63031 unique and how it aligns with your goals.

Population & Households

ZIP 63031 has a total population of 50,258, making it a sizable community with a robust local market. These residents are distributed across 19,431 households, reflecting a blend of family units, singles, and multi-generational living arrangements. With 21,159 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 to enter the market. This balance suggests a stable residential base, ideal for those seeking a community with both depth and potential for growth.

Income & Housing Costs

The median household income in ZIP 63031 stands at $71,783, positioning it as a middle-income area with solid earning potential for residents. For homebuyers and investors, the median house value of $144,500 offers an accessible entry point compared to many urban markets, making it an attractive option for first-time buyers or those seeking value-driven investments. Renters, on the other hand, face a median rent of $1,351 per month, which reflects a competitive rental market. This balance of income and housing costs suggests that 63031 can support a range of lifestyles and financial plans, whether you’re buying, renting, or investing.

Race & Ethnicity

The demographic makeup of ZIP 63031 is notably diverse, offering a multicultural environment that can appeal to a wide range of residents and businesses. The racial composition includes 49.43% White, 41.23% Black, 0.62% Asian, and 2.48% Hispanic residents. This diversity fosters a vibrant community culture, which can be a draw for families seeking inclusive neighborhoods or businesses aiming to serve a varied customer base. Understanding this mix is key for anyone looking to connect with or invest in the social fabric of 63031.

Key Facts

• Total population: 50,258 residents, indicating a substantial community with local market potential.
• Total households: 19,431, reflecting a strong residential foundation.
• Total housing units: 21,159, suggesting some availability for new occupants or investors.
• Median household income: $71,783, supporting a middle-income lifestyle.
• Median house value: $144,500, an affordable option for many buyers.
• Median rent: $1,351, indicative of a competitive rental market.
• Racial diversity: Nearly balanced between White (49.43%) and Black (41.23%) populations, with smaller Hispanic (2.48%) and Asian (0.62%) communities.

What This Means for You

For homebuyers, ZIP 63031 offers an affordable median home value of $144,500, paired with a median income of $71,783, suggesting financial stability for many households. The diverse community also means a welcoming environment for families of varied backgrounds. Investors and real estate agents will note the surplus of housing units (21,159 vs. 19,431 households), which could signal opportunities for rentals or flips, especially given the reasonable home prices and competitive rent of $1,351. Small-business owners can leverage the sizable population of over 50,000 and diverse demographic mix to target a broad customer base, while the solid income levels indicate disposable income for goods and services. Analysts can use this data as a baseline to track trends in housing affordability or demographic shifts in 63031, aiding in long-term planning or market studies. Whatever your role, these metrics provide a foundation for informed decision-making.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 63031? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to compare areas, identify opportunities, and make data-driven decisions for your home, investment, or business plans.