ZIP 67203 - 860Z200US67203 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 67203, located in Wichita, Kansas, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 30,000 and a diverse community, this ZIP code presents a mix of affordability and opportunity. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, understanding the local population, income levels, and housing market can help you make informed decisions. Let’s dive into the key metrics that define ZIP 67203.

Population & Households

ZIP 67203 is home to 30,869 residents, making it a moderately sized community within the Wichita metro area. These individuals are distributed across 13,423 households, reflecting a mix of family and individual living arrangements. With 14,851 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking for rental properties. This balance between population and housing stock is worth noting if you’re evaluating the area’s growth potential or housing demand.

Income & Housing Costs

The median household income in ZIP 67203 stands at $50,411, which suggests a working-class community with moderate earning power. For homebuyers, this income level pairs with a median house value of $126,800, indicating a relatively affordable housing market compared to national averages. This affordability can be a draw for first-time buyers or investors seeking properties with lower entry costs. Meanwhile, the median rent of $921 per month offers a reasonable option for renters and a potential income stream for landlords. These figures highlight ZIP 67203 as a cost-effective area for both living and investing.

Race & Ethnicity

The demographic makeup of ZIP 67203 reflects a diverse community, which can be a significant factor for businesses and residents alike. The population is 56.41% White, 26.94% Hispanic, 9.17% Black, and 3.02% Asian, with the remaining percentage comprising other or mixed-race individuals. This diversity suggests a culturally rich environment, which could appeal to small-business owners looking to cater to varied customer bases or families seeking an inclusive neighborhood. Understanding this composition can help tailor services, marketing, or community engagement strategies to the local population.

Key Facts

• Total population: 30,869 residents in 2023.
• Total households: 13,423, indicating a mix of family and solo living.
• Total housing units: 14,851, with some vacancy for potential buyers or renters.
• Median household income: $50,411, reflecting a moderate earning community.
• Median house value: $126,800, offering affordability for homebuyers.
• Median rent: $921, a competitive rate for tenants and investors.
• Racial diversity: 56.41% White, 26.94% Hispanic, 9.17% Black, 3.02% Asian.

What This Means for You

For homebuyers, ZIP 67203 offers an affordable entry into homeownership with a median house value of $126,800. The moderate median income of $50,411 suggests a stable, working-class neighborhood where housing costs align with local earnings. If you’re looking for a diverse and welcoming community, the area’s racial and ethnic mix could be a strong fit.

For investors and real estate agents, the slight surplus of housing units (14,851 total versus 13,423 households) hints at opportunities for rental properties or fixer-uppers. The median rent of $921 provides a reasonable return potential, especially given the low median home price. This ZIP code could be a smart target for building a portfolio in an affordable market.

For small-business owners, the diverse population of 30,869 offers a broad customer base. Tailoring products or services to reflect the cultural mix—particularly the significant Hispanic (26.94%) and White (56.41%) communities—could drive engagement. The moderate income levels suggest a focus on value-driven offerings.

For analysts, these metrics provide a baseline for tracking trends in housing affordability, demographic shifts, or economic growth in ZIP 67203. The data can inform broader studies on Wichita’s urban development or housing policies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 67203? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
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