ZIP 65616 - 860Z200US65616 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 65616, located in the heart of Missouri, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 28,000 and a diverse housing landscape, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the latest data to help you make informed decisions about living, working, or investing in 65616.

Population & Households

ZIP 65616 is home to a population of 28,295 individuals as of 2023. This sizable community is spread across 11,379 households, indicating a mix of family and individual living arrangements. The total number of housing units in the area stands at 16,419, suggesting a notable portion of properties may be vacant, second homes, or seasonal residences. For those looking to settle or invest here, this balance of population and housing availability offers a window into the community’s density and potential growth.

Income & Housing Costs

The median household income in ZIP 65616 is $60,253, reflecting a moderate earning capacity for residents. This figure is crucial for homebuyers assessing affordability and for businesses gauging local purchasing power. On the housing front, the median home value is $243,000, positioning 65616 as a reasonably accessible market for buyers compared to national averages in many urban areas. Meanwhile, the median rent is $975 per month, offering a more affordable option for those not ready to purchase. These metrics highlight a balanced housing market that caters to a range of financial situations.

Race & Ethnicity

The demographic makeup of ZIP 65616 provides insight into the cultural fabric of the area. The population is predominantly White at 81.94%, with smaller but significant representation from Hispanic (9.55%), Black (1.86%), and Asian (1.72%) communities. This diversity, while not as pronounced as in larger metropolitan areas, contributes to a varied community dynamic. For businesses and investors, understanding this composition can help tailor services or marketing strategies to resonate with local residents.

Key Facts

• Total population: 28,295 residents in 2023, indicating a mid-sized community.
• Total households: 11,379, showing a mix of family and solo living arrangements.
• Total housing units: 16,419, with potential availability for new residents or investors.
• Median household income: $60,253, reflecting moderate local earning power.
• Median home value: $243,000, offering a relatively accessible entry point for buyers.
• Median rent: $975, providing affordable rental options.
• Racial composition: 81.94% White, 9.55% Hispanic, 1.86% Black, 1.72% Asian.

What This Means for You

For homebuyers, ZIP 65616 offers a promising market with a median home value of $243,000 and reasonable rental costs at $975. These figures suggest you can find a home or rental that fits a moderate budget, while the population size ensures a sense of community without overwhelming density. Real estate investors and agents should note the gap between total housing units (16,419) and households (11,379), which may point to opportunities in vacation rentals or flipping properties, especially if seasonal demand is high in this Missouri locale. Small-business owners can leverage the median income of $60,253 to target products and services that align with local spending capacity, while the area’s diversity offers a chance to appeal to varied customer needs. Analysts can use this data as a baseline to track growth trends or compare 65616 to neighboring ZIP codes for deeper market insights. Across all groups, these metrics provide a solid foundation for strategic planning.

Run This Study Yourself

• Curious about diving deeper into ZIP 65616 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Input any ZIP code to access up-to-date population, housing, and income statistics tailored to your needs.
• Use the insights to inform your next move, investment, or business strategy with confidence.