ZIP 70094 - 860Z200US70094 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 70094, understanding the area’s demographic and housing landscape is essential. Located in a dynamic region, this ZIP code offers a diverse population and a mix of housing options that cater to various needs. With data from 2023, this snapshot provides a clear picture of the community’s makeup, income levels, and real estate metrics. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about ZIP 70094.

Population & Households

ZIP 70094 is home to a population of 32,031 residents, making it a moderately sized community with a vibrant mix of individuals and families. This population is spread across 12,475 households, reflecting a strong residential base. With 13,683 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate opportunities for buyers or renters looking to settle in this area. This balance between population and housing suggests a stable community with room for growth or investment.

Income & Housing Costs

The median household income in ZIP 70094 stands at $52,657, offering a glimpse into the economic profile of the area. This income level suggests a working-class to middle-income community, where affordability remains a key factor for residents. On the housing front, the median home value is $154,600, which positions ZIP 70094 as a relatively accessible market for first-time buyers or investors seeking value. For renters, the median rent is $1,172 per month, reflecting a reasonable cost of living compared to many urban centers. These figures highlight an area where housing costs align with income levels, providing a balanced economic environment.

Race & Ethnicity

The demographic composition of ZIP 70094 is notably diverse, fostering a multicultural community that can appeal to a wide range of residents and businesses. The racial breakdown shows Black residents making up the largest group at 45.58%, followed by White residents at 35.68%. Hispanic individuals account for 13.3% of the population, while Asian residents represent 1.99%. This diversity can be a significant draw for those seeking an inclusive environment, as well as for businesses looking to serve a varied customer base with unique cultural needs and preferences.

Key Facts

• Total population: 32,031 residents, indicating a sizable community.
• Total households: 12,475, supporting a strong residential presence.
• Total housing units: 13,683, suggesting potential availability for new occupants.
• Median household income: $52,657, reflecting a middle-income economic base.
• Median home value: $154,600, offering affordability for buyers.
• Median rent: $1,172, providing a reasonable rental market.
• Diverse population: 45.58% Black, 35.68% White, 13.3% Hispanic, 1.99% Asian.

What This Means for You

For homebuyers, ZIP 70094 presents an affordable entry point into homeownership with a median home value of $154,600, well below many national averages. The slight surplus of housing units (13,683 total versus 12,475 households) may also mean less competition when searching for a property. Real estate investors and agents can find value in this market, as the combination of reasonable home prices and a diverse, growing population suggests potential for appreciation or rental demand. Small-business owners will appreciate the multicultural community of over 32,000 residents, which offers a broad customer base for tailored products or services. Analysts can use these metrics to benchmark ZIP 70094 against neighboring areas, identifying trends in affordability and demographic shifts. Overall, this ZIP code offers a balanced mix of opportunity and stability for various stakeholders.

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