ZIP 64050 - 860Z200US64050 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 64050 for your next home, investment property, or business location, understanding the local demographics and housing landscape is essential. Located in the heart of Missouri, this area offers a mix of affordability and diversity that can appeal to a wide range of interests. With data from 2023, this snapshot provides a clear picture of population trends, income levels, housing costs, and racial composition in ZIP 64050. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions tailored to your goals.

Population & Households

ZIP 64050 is home to a population of 20,528 residents as of 2023. This community supports 9,382 households, indicating a moderate density of family units and individuals living in the area. The total number of housing units stands at 10,338, suggesting a small surplus of available properties or vacant units. This balance between population and housing can signal opportunities for buyers or investors looking to enter the market, as well as businesses aiming to serve a stable community.

Income & Housing Costs

The median household income in ZIP 64050 is $46,561, reflecting a working-class community with moderate earning power. For homebuyers, this income level suggests affordability is a key factor in the local housing market. The median house value is $137,200, which is relatively accessible compared to national averages, making this area attractive for first-time buyers or investors seeking value. Meanwhile, the median rent is $915 per month, offering a reasonable option for renters or landlords looking at rental income potential. These figures highlight ZIP 64050 as a cost-effective location for housing, whether you're buying, renting, or investing.

Race & Ethnicity

The demographic makeup of ZIP 64050 showcases a diverse yet predominantly white population. As of 2023, 71.73% of residents identify as white, followed by 10.98% Hispanic, 7.29% Black, and 0.82% Asian. This diversity can be a draw for businesses seeking to cater to a varied customer base or for families looking for a community with a mix of cultural backgrounds. Understanding the racial and ethnic composition also helps investors and analysts gauge market needs, from housing preferences to consumer behavior.

Key Facts

• Total population in ZIP 64050: 20,528 residents.
• Total households: 9,382, supporting a stable community base.
• Total housing units: 10,338, indicating potential availability for new residents or investors.
• Median household income: $46,561, reflecting a moderate-income area.
• Median house value: $137,200, offering affordability for buyers.
• Median rent: $915, a competitive rate for renters and landlords.
• Racial composition: 71.73% white, 10.98% Hispanic, 7.29% Black, 0.82% Asian.

What This Means for You

For homebuyers, ZIP 64050 presents an affordable entry point into homeownership with a median house value of $137,200. The moderate median income suggests a community where cost of living aligns with earning potential, making it a practical choice for families or individuals. Investors and real estate agents can find value in the surplus of housing units (10,338 total) compared to households (9,382), which may indicate opportunities for rental properties or fixer-uppers, especially with a median rent of $915. Small-business owners can leverage the diverse population of over 20,000 residents to target a broad customer base, while the income levels suggest a focus on value-driven products or services. Analysts can use these metrics to assess market trends, from housing demand to economic stability, in this Missouri ZIP code. Across all groups, the data points to a balanced, accessible area with room for growth.

Run This Study Yourself

• Want to dive deeper into ZIP 64050 or explore another area? Start by visiting ZipcodeGPT for a user-friendly platform to analyze local demographics and housing data.
• Enter any ZIP code to access up-to-date population, income, and housing insights tailored to your needs.
• Use the detailed reports to inform your homebuying, investment, or business decisions with confidence.