ZIP 64114 - 860Z200US64114 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 64114, located in the Kansas City, Missouri area, this demographic and housing snapshot offers a clear picture of the community. Based on the latest 2023 data, we’ll break down key metrics like population, income, housing values, and racial composition to help you make informed decisions. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights provide a foundation for understanding the dynamics of 64114.

Population & Households

ZIP 64114 is home to a population of 24,464 residents. This mid-sized community supports a diverse range of households, with a total of 12,419 households residing in the area. The number of housing units stands at 13,463, indicating a slight surplus of available homes compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

The median household income in ZIP 64114 is $77,643, reflecting a solid economic base for many residents. This income level positions the area as a comfortable, middle-income community, appealing to families and professionals alike. On the housing front, the median home value is $257,400, which aligns with a moderately priced market for the region. For renters, the median rent is $1,304 per month, offering a more affordable alternative to homeownership while still reflecting the area’s desirable location and amenities. These figures provide a benchmark for assessing affordability and investment potential in 64114.

Race & Ethnicity

The demographic makeup of ZIP 64114 shows a predominantly white population at 74.93%, with other groups contributing to the area’s diversity. Black residents account for 10.54% of the population, while Asian residents make up 2.71%. Additionally, 6.79% of the population identifies as Hispanic. This mix indicates a community with a majority white population but with meaningful representation from other racial and ethnic groups, fostering a varied cultural landscape that could appeal to a wide range of residents and business owners.

Key Facts

• Total population in ZIP 64114: 24,464 residents.
• Total households: 12,419, supporting a range of family and individual living arrangements.
• Total housing units: 13,463, suggesting some availability for new occupants.
• Median household income: $77,643, indicating a stable economic environment.
• Median home value: $257,400, reflecting a moderately priced housing market.
• Median rent: $1,304, offering a viable option for non-homeowners.
• Racial composition: 74.93% white, 10.54% Black, 2.71% Asian, and 6.79% Hispanic.

What This Means for You

For homebuyers, ZIP 64114 presents a balanced market with a median home value of $257,400 and a slight surplus of housing units. This could mean less competition and more room to negotiate, especially if you’re looking for a family-friendly or professional community with a median income of $77,643. Renters can also find value here, with a median rent of $1,304 that aligns with the area’s economic profile.

For investors and real estate agents, the data points to potential in both rental and purchase markets. With 13,463 housing units and only 12,419 households, there may be opportunities to acquire properties for rental income or resale, particularly given the stable income levels of residents. The diversity in the population also suggests a broad tenant or buyer pool to target.

For small-business owners, the population of 24,464 and diverse demographic makeup offer a sizable customer base with varying needs. The median income level supports discretionary spending, making 64114 a promising spot for retail, services, or dining ventures. Understanding the cultural mix can also help tailor your offerings to resonate with the community.

For analysts, these metrics provide a snapshot of a stable, mid-sized ZIP code with a strong economic foundation and moderate housing costs. The data can serve as a baseline for deeper market studies or comparative analyses with neighboring areas.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 64114? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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