ZIP 63123 - 860Z200US63123 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 63123, located in the St. Louis area of Missouri, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ll break down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into what makes ZIP 63123 unique and how it could align with your goals.

Population & Households

ZIP 63123 is home to a substantial population of 49,826 residents, making it a vibrant and active community. This area supports 21,872 households, reflecting a mix of family structures and living arrangements. With 23,208 total housing units, there’s a slight surplus of available homes compared to occupied households, which could indicate opportunities for buyers or renters looking to settle in this area. The population density suggests a suburban feel—busy enough to offer amenities and community engagement, yet spacious enough to avoid overcrowding.

Income & Housing Costs

The median household income in ZIP 63123 stands at $74,187, positioning it as a middle-to-upper-middle-income area. This income level supports a comfortable lifestyle for many residents and indicates a stable economic base for local businesses. On the housing front, the median home value is $205,300, which is relatively affordable compared to national averages, making it an attractive option for first-time homebuyers or investors seeking value. For renters, the median rent is $987 per month, offering a cost-effective alternative to homeownership in a market with reasonable housing costs.

Race & Ethnicity

The demographic makeup of ZIP 63123 reflects a predominantly white population at 81.89%, with smaller but notable representation from other groups. Black residents account for 3.45% of the population, while Asian residents make up 4.84%. Hispanic or Latino individuals represent 4.74% of the community. This composition suggests a primarily homogeneous area with emerging diversity, which could influence cultural offerings, community dynamics, and business opportunities catering to varied needs and preferences.

Key Facts

• Total population: 49,826 residents, indicating a sizable suburban community.
• Total households: 21,872, supporting a mix of family and individual living arrangements.
• Total housing units: 23,208, with a small surplus of available properties.
• Median household income: $74,187, reflecting a stable economic environment.
• Median home value: $205,300, offering affordability for buyers and investors.
• Median rent: $987, providing a budget-friendly option for renters.
• Racial composition: 81.89% white, with growing diversity from Asian (4.84%) and Hispanic (4.74%) populations.

What This Means for You

For homebuyers, ZIP 63123 presents an affordable entry point into homeownership with a median home value of $205,300. The slight surplus of housing units (23,208 total versus 21,872 households) could mean less competition and more negotiating power. Real estate investors and agents might find value in this market, as the combination of reasonable home prices and a stable median income of $74,187 suggests potential for steady rental demand or property appreciation over time. Small-business owners can benefit from a sizable population of nearly 50,000 and a median income that supports discretionary spending—ideal for retail, services, or dining ventures. Additionally, the area’s emerging diversity could open niches for culturally specific products or services. Analysts will appreciate the balanced demographics and housing metrics as a baseline for deeper market studies or trend comparisons in the St. Louis region.

Run This Study Yourself

Want to explore ZIP 63123 or another area in greater detail? Follow these steps to uncover tailored insights:

• Visit ZipcodeGPT to access a powerful tool for demographic and housing analysis.
• Enter any ZIP code to generate a comprehensive report with the latest data.
• Use the insights to inform your homebuying, investment, or business decisions with confidence.