ZIP 71107 - 860Z200US71107 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 71107, 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 71107 unique and how its characteristics can align with your goals.

Population & Households

ZIP 71107 is home to a population of 31,807 residents, making it a moderately sized community with a diverse mix of individuals and families. This area supports 11,622 households, reflecting a solid base of local residents who contribute to the community’s vibrancy. Whether you’re looking to settle down or tap into a customer base, this population size suggests a stable environment with opportunities for connection and growth.

Income & Housing Costs

The median household income in ZIP 71107 stands at $48,114, providing insight into the economic landscape of the area. This figure indicates a working-class community where affordability remains a key factor for many residents. On the housing front, the median home value is $157,000, offering a relatively accessible entry point for homebuyers compared to national averages. For renters, the median rent is $909 per month, which aligns with the income levels and suggests reasonable housing costs for those not ready to buy. Investors and business owners can use these numbers to gauge affordability and purchasing power in the area.

Additionally, ZIP 71107 has a total of 13,636 housing units, though only 11,622 are occupied. This gap hints at potential vacancies or opportunities for renovation and development, particularly for real estate professionals looking to expand their portfolios.

Race & Ethnicity

The racial and ethnic composition of ZIP 71107 reflects a diverse community with a near-even split between major groups. Black residents make up 50.81% of the population, while White residents account for 43.36%. Hispanic individuals represent 2.03%, and Asian residents comprise 0.4%. This diversity can be a significant draw for businesses seeking to serve a varied customer base or for families looking for an inclusive environment to call home.

Key Facts

• Total population: 31,807 residents in ZIP 71107.
• Total households: 11,622, supporting a stable community base.
• Total housing units: 13,636, with some potential for unoccupied or investment properties.
• Median household income: $48,114, reflecting a working-class economic profile.
• Median home value: $157,000, an accessible price point for many buyers.
• Median rent: $909, offering affordable options for renters.
• Racial diversity: 50.81% Black, 43.36% White, 2.03% Hispanic, 0.4% Asian.

What This Means for You

For homebuyers, ZIP 71107 presents an opportunity to purchase a home at a median value of $157,000, which is attractive for first-time buyers or those seeking affordability. The reasonable median rent of $909 also makes this area a viable option if you’re not ready to commit to ownership. The diverse community adds cultural richness, ideal for families wanting a welcoming neighborhood.

For real estate investors and agents, the presence of over 2,000 unoccupied housing units out of 13,636 total units signals potential for flipping, renting, or developing properties. The median income of $48,114 suggests a market where affordable housing remains in demand, guiding your investment strategies.

For small-business owners, the population of 31,807 and diverse demographic makeup offer a broad customer base. The income levels indicate that value-driven products and services could resonate well here. Positioning your business to cater to both Black and White residents, who together form over 94% of the population, can help maximize your reach.

For analysts, these metrics provide a foundation for deeper research into economic trends, housing demand, and community needs in ZIP 71107. The balance of income and housing costs, paired with diversity, paints a picture of a community with both challenges and opportunities.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 71107? 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.