ZIP 70607 - 860Z200US70607 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP code 70607, understanding the area’s demographic and housing landscape is essential. Located in Louisiana, this ZIP code offers a diverse community with a mix of affordability and growth potential. This snapshot, based on 2023 data, provides a clear picture of population trends, income levels, housing metrics, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions.

Population & Households

ZIP 70607 is home to a population of 28,285 residents, making it a moderately sized community with room for both personal connection and business reach. These residents are distributed across 10,256 households, reflecting a vibrant mix of families, singles, and professionals. With 13,692 total housing units in the area, there’s a notable supply of homes, though not all are occupied, suggesting potential opportunities for buyers or investors looking to enter the market.

Income & Housing Costs

The median household income in ZIP 70607 stands at $58,427, indicating a community with a solid economic foundation for many residents. This income level supports a housing market where the median house value is $171,700—a price point that could appeal to first-time buyers or investors seeking affordable properties with potential for appreciation. For renters, the median rent is $1,053 per month, which aligns with the income levels and offers a reasonable cost of living for those not ready to buy. These figures suggest a balanced market where both owning and renting are viable options depending on your goals.

Race & Ethnicity

The demographic makeup of ZIP 70607 reflects a diverse community, which can be a draw for those seeking an inclusive environment. The racial composition includes 46.23% White, 36.26% Black, 2.18% Asian, and 6.31% Hispanic residents. This diversity can enrich the cultural fabric of the area, offering a blend of perspectives and experiences that benefit residents, businesses, and community initiatives alike. For businesses, this mix presents opportunities to cater to varied customer needs and preferences.

Key Facts

• Total population: 28,285 residents, offering a mid-sized community feel.
• Total households: 10,256, indicating a strong base of local consumers.
• Total housing units: 13,692, with some vacancy suggesting market entry potential.
• Median household income: $58,427, supporting a stable economic environment.
• Median house value: $171,700, an accessible entry point for buyers.
• Median rent: $1,053, a reasonable cost for renters in the area.
• Diverse population: 46.23% White, 36.26% Black, 2.18% Asian, 6.31% Hispanic.

What This Means for You

For homebuyers, ZIP 70607 offers a promising opportunity with a median house value of $171,700, which is within reach for many budgets, especially given the median household income of $58,427. The diversity and population size suggest a welcoming community with amenities to match. If you’re a real estate investor or agent, the presence of 13,692 housing units, not all of which are occupied, hints at potential for flipping, renting, or holding properties as the area grows. The median rent of $1,053 also supports a rental market for income-focused investors. For small-business owners, a population of over 28,000 and a diverse demographic mix provide a broad customer base to tap into, whether you’re opening a retail shop, service, or restaurant. Finally, analysts can use these metrics to track trends in housing affordability and demographic shifts, informing broader market studies or local policy recommendations.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 70607? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your needs.
• Use the insights to make data-driven decisions for your next home purchase, investment, or business venture.