ZIP 70058 - 860Z200US70058 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 70058 for your next home purchase, investment property, or business location, understanding the local demographics and housing landscape is crucial. Located in a dynamic area, this ZIP code offers a diverse population and a range of housing opportunities. This snapshot, based on 2023 data, provides a clear picture of the community, income levels, housing costs, and ethnic composition. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about ZIP 70058.

Population & Households

ZIP 70058 is home to a substantial population of 39,690 residents, making it a vibrant and active community. These individuals are distributed across 14,751 households, reflecting a mix of family sizes and living arrangements. With 16,063 total housing units in the area, there’s a notable presence of both occupied and vacant properties, which could signal opportunities for buyers or investors looking to enter this market. The ratio of households to population suggests an average household size of roughly 2.7 people, indicating a blend of families and smaller living units in this area.

Income & Housing Costs

Financial metrics are a key consideration for anyone eyeing ZIP 70058. The median household income here stands at $58,533, which offers a glimpse into the earning power of local residents. This income level can influence purchasing decisions for homebuyers and help businesses gauge the spending capacity of potential customers. On the housing front, the median house value is $195,100, positioning ZIP 70058 as a relatively accessible market for buyers compared to higher-priced regions. For renters, the median rent is $1,217 per month, reflecting a moderate cost of living for those not ready to buy. These figures provide a balanced view of affordability and investment potential in the area.

Race & Ethnicity

The cultural fabric of ZIP 70058 is notably diverse, which can be a draw for those seeking an inclusive community or a varied customer base. The racial composition breaks down as follows: 57.53% Black, 20.31% White, 13.11% Hispanic, and 7.32% Asian. This diversity shapes the social and economic dynamics of the area, offering unique opportunities for businesses to cater to a wide range of cultural preferences and needs. For homebuyers and investors, this mix can contribute to a rich community experience and a resilient local market.

Key Facts

• Total population in ZIP 70058: 39,690 residents.
• Total households: 14,751, with an average size of about 2.7 people.
• Total housing units: 16,063, including both occupied and vacant properties.
• Median household income: $58,533, reflecting moderate earning capacity.
• Median house value: $195,100, suggesting an accessible real estate market.
• Median rent: $1,217 per month, indicating reasonable rental costs.
• Diverse population: 57.53% Black, 20.31% White, 13.11% Hispanic, 7.32% Asian.

What This Means for You

For homebuyers, ZIP 70058 presents a promising opportunity with a median house value of $195,100, which is within reach for many budgets. The diverse community also means a welcoming environment with a variety of cultural influences. Real estate investors and agents will find potential in the mix of occupied and vacant housing units (16,063 total), which could indicate room for flipping properties or securing rentals at a median rent of $1,217. Small-business owners can leverage the sizable population of 39,690 and the diverse demographic makeup to target a broad customer base, while the median household income of $58,533 suggests moderate disposable income for goods and services. Analysts can use these metrics to benchmark ZIP 70058 against other areas for deeper market studies. Across all groups, the data points to a balanced, opportunity-rich locale worth exploring further.

Run This Study Yourself

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