ZIP 63147 - 860Z200US63147 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 63147 in St. Louis, Missouri, as a place to live, invest, or start a business, understanding the area’s demographic and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing market, and cultural composition. Whether you’re a homebuyer seeking affordability, an investor eyeing opportunities, or a small-business owner evaluating market potential, these insights will help you make informed decisions about ZIP 63147.

Population & Households

ZIP 63147 is home to a population of 8,229 residents. This community supports 3,529 households, indicating a moderate density of families and individuals. With 4,542 total housing units in the area, there’s a mix of occupied and vacant properties, which could signal opportunities for buyers or investors looking to enter the market. The ratio of households to population suggests an average household size of roughly 2.3 people, pointing to a blend of small families and solo dwellers in this area.

Income & Housing Costs

The median household income in ZIP 63147 stands at $39,119, reflecting a working-class community where affordability is a key characteristic. For homebuyers, the median house value of $70,300 offers an accessible entry point into homeownership, especially compared to higher-priced markets nearby. Renters, on the other hand, face a median rent of $926 per month, which aligns with the income levels and suggests a balanced cost of living for those not ready to buy. These figures highlight ZIP 63147 as a budget-friendly option for residents and a potentially undervalued area for real estate investors.

Race & Ethnicity

The demographic makeup of ZIP 63147 is predominantly African American, with 92.5% of the population identifying as Black. White residents account for 4.76% of the population, while Hispanic representation is minimal at 0.07%. Data on Asian residents was not available for this analysis. This racial composition reflects a largely homogeneous community, which may influence cultural dynamics, local businesses, and community initiatives. For business owners or investors, understanding this demographic context can help tailor services or marketing strategies to resonate with the majority population.

Key Facts

• Total population: 8,229 residents in ZIP 63147 as of 2023.
• Total households: 3,529, supporting a mix of family and individual living arrangements.
• Total housing units: 4,542, with potential availability for new occupants or investors.
• Median household income: $39,119, indicative of a working-class economic base.
• Median house value: $70,300, offering affordability for prospective homebuyers.
• Median rent: $926, aligning with local income levels for renters.
• Racial majority: 92.5% Black, shaping the cultural and social fabric of the area.

What This Means for You

For homebuyers, ZIP 63147 presents a rare opportunity to purchase property at a median value of $70,300, well below many urban benchmarks. This affordability, paired with a median rent of $926, also makes it feasible to buy and rent out if you’re not ready to move in. Investors and real estate agents should note the surplus of housing units (4,542 total versus 3,529 households), which could indicate vacant properties ripe for renovation or rental income. The low median house value suggests room for appreciation if the area sees future development. For small-business owners, the demographic focus—predominantly African American at 92.5%—offers a chance to build community trust by offering culturally relevant products or services. Meanwhile, the median income of $39,119 signals a need for value-driven offerings. Analysts can use this data to track trends in affordable housing markets or study the socioeconomic dynamics of similar ZIP codes.

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