ZIP 70363 - 860Z200US70363 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 70363, understanding the local demographics and housing landscape is essential. Located in a vibrant area, this ZIP code offers a mix of affordability and diversity that appeals to homebuyers, real estate investors, small-business owners, and data analysts alike. Using the latest 2023 data, this snapshot provides a clear picture of population trends, income levels, housing costs, and cultural composition in 70363. Let’s dive into the numbers to help you make informed decisions.

Population & Households

ZIP 70363 is home to a population of 24,668 residents, making it a moderately sized community with a strong local presence. These individuals are distributed across 9,357 households, reflecting a mix of family and individual living arrangements. With 10,449 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate opportunities for buyers or investors looking for available properties. This balance suggests a stable residential base, ideal for those seeking a community with room to grow.

Income & Housing Costs

The median household income in ZIP 70363 stands at $44,828, positioning it as a working-class area with accessible living costs. For homebuyers, the median house value of $143,800 offers an affordable entry point compared to many urban markets, making it an attractive option for first-time buyers or those seeking value. Renters, on the other hand, face a median rent of $1,054 per month, which aligns reasonably with local income levels. This balance between income and housing costs suggests that 70363 can support a range of budgets, whether you’re looking to buy, rent, or invest.

Race & Ethnicity

The cultural fabric of ZIP 70363 is diverse, reflecting a blend of backgrounds that enrich the community. The racial composition includes 57.25% White, 22.11% Black, 0.53% Asian, and 8.63% Hispanic residents. This diversity creates a dynamic environment for businesses catering to varied customer bases and for families seeking an inclusive place to call home. Understanding this mix can help investors and entrepreneurs tailor their strategies to meet the needs of a multifaceted population.

Key Facts

• Total population: 24,668 residents, offering a sizable community for engagement.
• Total households: 9,357, indicating a strong residential foundation.
• Total housing units: 10,449, suggesting potential availability for new occupants or investors.
• Median household income: $44,828, reflecting a working-class economic profile.
• Median house value: $143,800, an affordable option for many buyers.
• Median rent: $1,054, reasonable for the local income range.
• Racial diversity: 57.25% White, 22.11% Black, 0.53% Asian, 8.63% Hispanic, showcasing a varied community.

What This Means for You

For homebuyers, ZIP 70363 presents an affordable housing market with a median home value of $143,800, well-suited for those entering the market or downsizing. The slight surplus of housing units (10,449 total versus 9,357 households) hints at potential availability, though competition may still exist. Investors and real estate agents can find value in this area’s lower price points and diverse population, which could drive demand for rental properties or fixer-uppers, especially with a median rent of $1,054 aligning with local incomes. Small-business owners benefit from a community of 24,668 potential customers with varied cultural backgrounds, ideal for businesses offering tailored goods or services. Finally, analysts can use these metrics to benchmark 70363 against neighboring ZIP codes or track trends over time, leveraging the income and demographic data for deeper insights. Whether you’re settling down, investing, or launching a venture, this area offers practical opportunities grounded in its current economic and social landscape.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 70363? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, income, and housing metrics tailored to your needs.
• Use the insights to compare areas, identify trends, and make data-driven decisions for your next move or investment.