ZIP 64106 - 860Z200US64106 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 64106 for a home purchase, real estate investment, or business opportunity, understanding the local demographics and housing landscape is essential. Located in the heart of Kansas City, Missouri, this area offers a unique blend of urban living and diverse community dynamics. This 2023 snapshot provides a clear, data-driven look at population, income, housing costs, and racial composition to help homebuyers, investors, small-business owners, and analysts make informed decisions. Let’s dive into the numbers for ZIP 64106 and uncover what they mean for you.

Population & Households

ZIP 64106 is home to a population of 10,666 residents as of 2023, making it a moderately sized urban community. These individuals are distributed across 5,420 households, reflecting a mix of family and individual living arrangements. With 5,998 total housing units in the area, there’s a slight surplus of available properties compared to occupied households, which could indicate opportunities for buyers or renters seeking options in this ZIP code. This balance between population and housing stock suggests a stable yet dynamic residential environment worth exploring.

Income & Housing Costs

The median household income in ZIP 64106 stands at $57,680, positioning it as a middle-income area with reasonable earning potential for residents. For those evaluating housing affordability, the median house value is $220,900—a figure that reflects a competitive yet accessible real estate market for an urban setting like Kansas City. Renters, on the other hand, face a median monthly rent of $1,188, which aligns with the income levels and suggests a balanced cost of living for those not ready to buy. These metrics provide a solid foundation for assessing whether this area fits your financial goals as a buyer, investor, or business owner.

Race & Ethnicity

ZIP 64106 boasts a notably diverse community, with a racial composition that includes 44.56% White, 36.96% Black, 7.86% Asian, and 6.54% Hispanic residents. This mix creates a vibrant cultural tapestry, appealing to those who value inclusivity and varied perspectives in their neighborhood or customer base. For businesses, this diversity can translate into a broad market with unique needs and preferences, while homebuyers may appreciate the rich community fabric that comes with such a balanced demographic profile.

Key Facts

• Total population: 10,666 residents in ZIP 64106 as of 2023.
• Total households: 5,420, indicating a mix of family and solo living.
• Total housing units: 5,998, with a small surplus over occupied homes.
• Median household income: $57,680, reflecting a middle-income community.
• Median house value: $220,900, competitive for an urban market.
• Median rent: $1,188 per month, aligning with local income levels.
• Racial diversity: 44.56% White, 36.96% Black, 7.86% Asian, 6.54% Hispanic.

What This Means for You

For homebuyers, ZIP 64106 offers a reasonably priced housing market with a median home value of $220,900, ideal for first-time buyers or those seeking urban convenience without breaking the bank. The slight surplus of housing units could mean less competition for available properties, giving you room to negotiate.

For investors and real estate agents, the combination of a $57,680 median income and a diverse population suggests steady demand for both rental and purchase properties. The median rent of $1,188 indicates a viable rental market, especially for multifamily or affordable housing investments in this area.

For small-business owners, the diverse demographic profile of ZIP 64106 presents an opportunity to cater to a wide range of cultural tastes and needs. Whether you’re opening a retail store, restaurant, or service-based business, the population of over 10,000 provides a solid customer base, while the income levels suggest moderate purchasing power to support local commerce.

For analysts, these metrics offer a clear picture of a stable, diverse urban ZIP code with balanced housing and income dynamics. This data can serve as a benchmark for comparing other areas or tracking trends over time in Kansas City’s evolving landscape.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 64106? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date stats on population, income, housing costs, and more, tailored to your specific interests.
• Use the insights to make informed decisions for buying, investing, or launching a business with confidence.