ZIP 63137 - 860Z200US63137 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 63137 in the St. Louis area for a home purchase, investment opportunity, or business location, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing costs, and racial composition in this community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about opportunities in 63137.

Population & Households

ZIP code 63137 is home to a population of 19,690 residents, making it a moderately sized community with a diverse range of needs and opportunities. These residents are distributed across 8,323 households, reflecting a mix of family structures and living arrangements. With 9,708 total housing units in the area, there’s a notable presence of both occupied and vacant properties, which could signal potential for investors or buyers looking for availability.

Income & Housing Costs

The median household income in ZIP 63137 stands at $45,597, which offers a glimpse into the economic conditions of the area. This income level suggests a working-class community where affordability is a key consideration for residents. On the housing front, the median home value is $79,400, positioning 63137 as a relatively accessible market for first-time buyers or investors seeking lower entry costs. For renters, the median rent is $1,017 per month, which aligns with the income profile and indicates a rental market that caters to budget-conscious households.

These figures highlight an area where cost of living remains manageable compared to higher-priced regions, potentially appealing to those prioritizing affordability over luxury. However, it’s worth noting that income and housing costs can influence local spending power, something businesses should consider when evaluating market potential.

Race & Ethnicity

The racial and ethnic composition of ZIP 63137 is predominantly African American, with 82.47% of the population identifying as Black. White residents make up 13.0% of the community, while Asian and Hispanic populations are smaller, at 0.16% and 0.29%, respectively. This demographic makeup reflects a community with a strong cultural identity, which can shape local businesses, community services, and social dynamics. For investors and business owners, understanding this composition is crucial for tailoring offerings or marketing strategies to resonate with the majority demographic.

Key Facts

• Total population in ZIP 63137: 19,690 residents.
• Total households: 8,323, indicating a mix of family and individual living arrangements.
• Total housing units: 9,708, with some vacancy potential for buyers or investors.
• Median household income: $45,597, reflecting a working-class economic base.
• Median home value: $79,400, offering affordability in the housing market.
• Median rent: $1,017, aligning with local income levels.
• Racial composition: 82.47% Black, 13.0% White, with minimal Asian and Hispanic representation.

What This Means for You

For homebuyers, ZIP 63137 presents an opportunity to enter the housing market at a median value of $79,400, which is significantly lower than many urban or suburban areas. This affordability could be ideal for first-time buyers or those looking to downsize without sacrificing access to a sizable community. However, consider the median income and rent levels when assessing long-term value appreciation or neighborhood amenities.

For investors and real estate agents, the presence of 9,708 housing units, paired with a vacancy gap (given only 8,323 households), suggests potential for rental properties or fixer-uppers. The low median home value could yield attractive returns if demand grows, though careful analysis of local trends is advised.

For small-business owners, the demographic profile and income data point to a market where value-driven products and services are likely to resonate. With a predominantly African American population, culturally relevant offerings or community-focused initiatives could build strong customer loyalty. Keep in mind the median income of $45,597 when pricing goods or services to match local purchasing power.

For analysts, these metrics provide a foundation for deeper studies into economic mobility, housing stability, or community development needs in 63137. The data serves as a starting point for identifying trends or gaps in resources.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 63137? 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, and more, tailored to your specific interests.
• Use the insights to inform your next real estate decision, business plan, or research project with confidence.