ZIP 71202 - 860Z200US71202 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 71202 for a home purchase, real estate investment, or business opportunity, understanding the local demographics and housing landscape is essential. Located in Louisiana, this area offers a unique profile with a population of over 26,000 and a distinct economic and cultural makeup. This snapshot, based on 2023 data, breaks down key metrics to help homebuyers, investors, agents, small-business owners, and analysts make informed decisions about ZIP 71202.

Population & Households

ZIP 71202 is home to a population of 26,791 residents, making it a moderately sized community with a mix of family and individual households. The area has 8,852 total households, reflecting a diverse living environment. With 11,119 total housing units, there’s a notable spread between occupied and vacant properties, which could signal opportunities for investors or buyers looking for available homes in this region.

Income & Housing Costs

The median household income in ZIP 71202 stands at $26,883, which is relatively low compared to national averages. This figure suggests that affordability is a key characteristic of the area, potentially appealing to first-time homebuyers or those seeking cost-effective living options. Housing costs align with this trend, with a median house value of $77,400—well below many urban markets—offering a low barrier to entry for property ownership. For renters, the median rent is $827 per month, providing an affordable alternative to buying in this ZIP code.

Race & Ethnicity

The demographic composition of ZIP 71202 is predominantly African American, with 83.93% of the population identifying as Black. White residents make up 11.02% of the population, while Hispanic individuals account for 2.43%, and Asian residents represent just 0.34%. This racial and ethnic breakdown highlights a community with a strong cultural identity, which could influence local businesses, community events, and social dynamics. Understanding this makeup is crucial for businesses tailoring services or investors assessing market fit.

Key Facts

• Total population: 26,791 residents in ZIP 71202.
• Total households: 8,852, indicating a mix of family and solo living arrangements.
• Total housing units: 11,119, with potential availability for new occupants or investors.
• Median household income: $26,883, reflecting an affordable cost of living.
• Median house value: $77,400, a budget-friendly entry point for homebuyers.
• Median rent: $827, offering reasonable rental options.
• Racial composition: 83.93% Black, 11.02% White, 2.43% Hispanic, 0.34% Asian.

What This Means for You

For homebuyers, ZIP 71202 presents an opportunity to enter the housing market at a lower cost, with median home values at $77,400. This affordability could be ideal for first-time buyers or those looking to downsize without sacrificing community size. However, the lower median income of $26,883 suggests that local amenities and job opportunities may be limited, so consider proximity to larger economic hubs.

For investors and real estate agents, the gap between total housing units (11,119) and occupied households (8,852) hints at potential vacancies or underutilized properties. This could translate into opportunities for rental investments or fixer-upper projects, especially given the low median home value. The affordable rent of $827 also indicates a steady demand for rental properties in this area.

For small-business owners, the demographic profile—predominantly African American with a lower income bracket—suggests a need for value-driven products and services. Businesses that cater to community needs, such as affordable retail, dining, or personal services, may find a receptive market. Understanding the cultural context will be key to building trust and loyalty among residents of ZIP 71202.

For analysts, the data points to a community with distinct economic challenges but also unique opportunities. The low income and housing costs could attract specific development projects or grant-funded initiatives aimed at revitalization, making this ZIP code a potential area of interest for long-term growth studies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 71202? 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 next home purchase, investment, or business strategy with confidence.