ZIP 71106 - 860Z200US71106 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 71106, located in the Shreveport area of Louisiana, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ve compiled key metrics on population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into what makes ZIP 71106 unique and how these numbers can guide your next steps.

Population & Households

ZIP 71106 is home to a population of 33,651 residents, making it a moderately sized community with a mix of urban and suburban characteristics. These individuals are distributed across 12,707 households, reflecting a diverse range of family structures and living arrangements. With 15,415 total housing units in the area, there’s a noticeable spread between occupied and vacant properties, which could signal opportunities for investors or buyers looking for available homes.

The average household size can be inferred as roughly 2.65 people, suggesting a blend of families and smaller households. This balance makes ZIP 71106 appealing to a variety of residents, from young professionals to growing families seeking space and stability.

Income & Housing Costs

Financially, ZIP 71106 stands out with a median household income of $77,724, which is above the national average for many comparable areas. This figure indicates a relatively strong economic base, providing residents with purchasing power that can support local businesses and sustain property values. For potential homebuyers or investors, this income level suggests a community with financial stability and potential for growth.

Housing costs further define the area’s profile. The median home value in ZIP 71106 is $310,300, reflecting a robust real estate market that could appeal to those looking for long-term value appreciation. Meanwhile, the median rent is $890 per month, offering a more affordable option for those not ready to buy. This gap between owning and renting highlights opportunities for both landlords and first-time buyers to find their niche in this market.

Race & Ethnicity

The demographic makeup of ZIP 71106 showcases a diverse community, which can enrich the cultural fabric and appeal to a wide range of residents and businesses. The racial composition breaks down as follows: 50.71% White, 39.01% Black, 0.95% Asian, and 5.23% Hispanic. This diversity suggests a welcoming environment for people from various backgrounds, fostering a dynamic social and economic landscape.

For businesses, this mix can translate into a broad customer base with varied needs and preferences. For families and individuals, it points to a community where cultural exchange and inclusivity are part of daily life.

Key Facts

• Total population: 33,651 residents in ZIP 71106.
• Total households: 12,707, with an average size of about 2.65 people.
• Total housing units: 15,415, indicating some vacancy for potential buyers or investors.
• Median household income: $77,724, signaling strong local earning power.
• Median home value: $310,300, reflecting a solid real estate market.
• Median rent: $890, offering affordable rental options.
• Racial diversity: 50.71% White, 39.01% Black, 0.95% Asian, 5.23% Hispanic.

What This Means for You

For homebuyers, ZIP 71106 offers a promising mix of affordability in rentals and value in home purchases. With a median home value of $310,300 and a stable median income of $77,724, this area could be a smart choice for building equity over time. The diversity and population size also suggest a vibrant community to call home.

For investors and real estate agents, the spread between total housing units (15,415) and households (12,707) hints at vacant properties that could be flipped, rented, or developed. The strong median income supports the potential for consistent rental demand or buyer interest, making this ZIP code a worthwhile consideration for your portfolio.

For small-business owners, the diverse population of 33,651 and above-average income levels point to a customer base with varied needs and disposable income. Whether you’re opening a retail shop, restaurant, or service-based business, ZIP 71106’s demographics suggest a market ready to engage with local offerings.

For analysts, these metrics provide a foundation for deeper research into economic trends, housing demand, and community growth in the Shreveport region. The data reflects a balanced, diverse area with potential for sustained development.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 71106? 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 insights tailored to your needs.
• Use the detailed reports to inform your homebuying, investment, or business decisions with confidence.