ZIP 63106 - 860Z200US63106 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 63106 in St. Louis, Missouri, for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the area’s population, income levels, housing costs, and cultural composition. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about this unique community.

Population & Households

ZIP 63106 is home to a population of 7,742 residents as of 2023. This community supports 3,597 households, indicating a relatively dense living environment within the area’s boundaries. With 4,620 total housing units, there’s a notable gap between available units and occupied households, which could point to vacant properties or opportunities for growth. For investors and homebuyers, this suggests potential availability, while businesses might see a stable customer base in the existing population.

Income & Housing Costs

The median household income in ZIP 63106 stands at $21,475, reflecting a lower-income community compared to national averages. This figure is crucial for small-business owners assessing purchasing power or for investors gauging rental affordability. On the housing front, the median home value is $186,700, which may appeal to buyers seeking more budget-friendly options in the St. Louis area. Meanwhile, the median rent is $739 per month, offering a relatively affordable option for tenants. These metrics highlight a market where cost-conscious decisions can yield significant value, whether you’re buying, renting, or planning a business.

Race & Ethnicity

The demographic makeup of ZIP 63106 is predominantly African American, with 89.12% of residents identifying as Black. White residents account for 7.01% of the population, while Hispanic or Latino individuals make up 1.85%, and Asian residents represent just 0.22%. This composition reflects a culturally distinct community with a strong African American presence, which could influence local business offerings, community initiatives, or real estate marketing strategies. Understanding this diversity can help stakeholders connect more effectively with residents and tailor their approaches accordingly.

Key Facts

• Total population in ZIP 63106: 7,742 residents as of 2023.
• Total households: 3,597, supporting a dense community structure.
• Total housing units: 4,620, suggesting potential vacancies or growth opportunities.
• Median household income: $21,475, indicating a lower-income area.
• Median home value: $186,700, offering affordability for buyers.
• Median rent: $739, a cost-effective option for renters.
• Racial composition: 89.12% Black, 7.01% White, 1.85% Hispanic, 0.22% Asian.

What This Means for You

For homebuyers, ZIP 63106 presents an opportunity to enter the market at a median home value of $186,700, which is relatively affordable for the St. Louis region. The lower median rent of $739 also suggests that rental properties could be a viable option if you’re not ready to buy. However, consider the median household income of $21,475 when evaluating long-term appreciation or neighborhood amenities.

For investors and real estate agents, the gap between total housing units (4,620) and occupied households (3,597) could signal vacant properties or redevelopment potential. The affordable home values and rents make this area attractive for rental investments, though the lower income levels may require careful tenant screening or property pricing strategies.

For small-business owners, the population of 7,742 offers a modest but stable customer base. The demographic profile, with a strong African American majority, suggests that culturally relevant products, services, or marketing could resonate well. Keep in mind the limited median income when setting price points or planning offerings.

For analysts, these metrics provide a foundation for deeper studies into economic trends, housing demand, or community needs in ZIP 63106. The data points to a market with unique challenges and opportunities, particularly in housing availability and income constraints.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 63106? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
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• Use the insights to make smarter decisions for your home purchase, investment, or business strategy.