ZIP 64116 - 860Z200US64116 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 64116 in Missouri as a place to live, invest, or start a business, understanding the local demographics and housing landscape is essential. Located in the Kansas City area, this ZIP code offers a mix of suburban charm and urban accessibility. With a population of over 17,000 and a diverse community, 64116 presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. This snapshot, based on 2023 data, breaks down key metrics to help you make informed decisions about this vibrant area.

Population & Households

ZIP 64116 is home to 17,535 residents, making it a moderately sized community with a strong residential base. These individuals are spread across 8,722 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 9,691, indicating some vacancy or availability for potential buyers or renters. This balance of population and housing suggests a stable yet dynamic area, ideal for those looking to settle or invest in a community with room for growth.

Income & Housing Costs

The median household income in ZIP 64116 is $63,352, positioning it as a middle-income area with reasonable earning potential for residents. For homebuyers and investors, the median house value of $226,600 offers an accessible entry point compared to higher-priced markets in the broader Kansas City region. Renters, meanwhile, face a median rent of $1,252 per month, which aligns with the income levels and suggests a balanced cost of living. These figures highlight 64116 as a financially viable option for diverse groups, from first-time buyers to small-business owners seeking affordable commercial spaces.

Race & Ethnicity

The demographic makeup of ZIP 64116 reflects a diverse community, which can be a draw for those seeking an inclusive environment. The racial composition includes 63.49% White, 12.5% Black, 3.39% Asian, and 9.81% Hispanic residents. This diversity fosters a culturally rich atmosphere, beneficial for businesses catering to varied customer bases and for families looking for a welcoming neighborhood. Understanding this mix can help investors and entrepreneurs tailor their strategies to meet the needs of the local population.

Key Facts

• Total population: 17,535 residents in ZIP 64116 as of 2023.
• Total households: 8,722, supporting a mix of family and solo living.
• Total housing units: 9,691, with some availability for new occupants.
• Median household income: $63,352, reflecting a stable middle-income community.
• Median house value: $226,600, an accessible price for many buyers.
• Median rent: $1,252 per month, reasonable for the income bracket.
• Racial diversity: 63.49% White, 12.5% Black, 3.39% Asian, 9.81% Hispanic.

What This Means for You

For homebuyers, ZIP 64116 offers a compelling mix of affordability and community diversity. With a median home value of $226,600, it’s a practical choice for first-time buyers or those looking to upgrade within a reasonable budget. The diversity and population size also suggest a neighborhood with strong social connections and amenities tailored to varied needs.

Real estate investors and agents will find opportunities in the housing unit surplus (9,691 units versus 8,722 households), which hints at potential rental or resale markets. The median rent of $1,252 supports a steady income stream for landlords, while the home value indicates room for appreciation in a growing area.

Small-business owners can leverage the diverse demographic profile to offer products or services that resonate with a wide audience. The median income of $63,352 suggests disposable income for local spending, while the population density supports foot traffic for retail or service-based ventures.

Analysts and planners can use these metrics to assess growth trends, housing demand, and economic stability in 64116, making it a valuable case study for regional development or market research.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 64116? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
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