ZIP 71303 - 860Z200US71303 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 71303, located in central Louisiana, this demographic and housing snapshot offers a clear picture of the area. With data from 2023, we’ll break down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re eyeing a family home, a rental property, or a commercial space, understanding ZIP 71303’s profile is the first step to success.

Population & Households

ZIP 71303 is home to a population of 24,532 residents, making it a moderately sized community with a mix of urban and suburban characteristics. These residents are distributed across 9,282 households, reflecting a diverse range of family structures and living arrangements. With 10,388 total housing units in the area, there’s a noticeable gap between occupied and available properties, which could signal opportunities for buyers or investors looking to fill vacant spaces.

Income & Housing Costs

The median household income in ZIP 71303 stands at $66,761, positioning it as a community with a solid middle-income base. This income level supports a housing market where the median home value is $232,900—a reasonable entry point for many prospective buyers compared to national averages. For renters, the median monthly rent is $1,115, which aligns with the income levels and suggests a balanced rental market. These figures indicate that ZIP 71303 offers affordability for families and individuals while providing potential returns for real estate investors.

Race & Ethnicity

The demographic makeup of ZIP 71303 reflects a diverse community with a blend of cultural backgrounds. The racial composition includes 56.65% White, 35.61% Black, 2.37% Asian, and 3.36% Hispanic residents. This diversity can be a draw for families seeking inclusive neighborhoods, businesses aiming to serve varied customer bases, and investors looking for vibrant, dynamic markets. Understanding this mix helps stakeholders anticipate community needs and preferences.

Key Facts

• Total population: 24,532 residents, offering a mid-sized community feel.
• Total households: 9,282, indicating a range of family and individual living arrangements.
• Total housing units: 10,388, with some vacancy potential for buyers or investors.
• Median household income: $66,761, supporting a stable middle-income demographic.
• Median home value: $232,900, an accessible price point for many buyers.
• Median rent: $1,115 per month, reflecting a balanced rental market.
• Racial diversity: 56.65% White, 35.61% Black, 2.37% Asian, and 3.36% Hispanic.

What This Means for You

For homebuyers, ZIP 71303 presents an affordable housing market with a median home value of $232,900, well within reach for middle-income families earning around $66,761 annually. The area’s diversity and population size suggest a welcoming community with access to local amenities. If you’re a real estate investor or agent, the gap between total housing units (10,388) and occupied households (9,282) hints at potential for flipping properties or securing rentals, especially with a median rent of $1,115 that appeals to tenants. For small-business owners, the diverse demographic profile and steady income levels indicate a customer base with varied needs and purchasing power—ideal for retail, services, or dining ventures. Finally, analysts can use this data to track trends in housing occupancy or demographic shifts, providing deeper insights for clients or research.

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