ZIP 73020 - 860Z200US73020 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 73020, located in the heart of Oklahoma, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 25,000 and a strong median household income, this ZIP code presents a stable and growing community. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these metrics provide actionable insights into the local market and lifestyle. Let’s break down the key data points to help you make informed decisions about living or working in 73020.

Population & Households

ZIP 73020 is home to 25,351 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 9,315 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 9,857, indicating a slight surplus of available homes relative to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

Financially, ZIP 73020 stands out with a median household income of $99,108, which is notably higher than many surrounding areas. This figure points to a relatively affluent community with disposable income to support local businesses and sustain property values. On the housing front, the median home value is $248,700, offering a reasonable entry point for buyers in a market with strong income levels. For renters, the median rent is $1,363 per month, reflecting a rental market that aligns with the area’s economic profile. These numbers suggest that 73020 is a place where both homeownership and renting are viable options depending on your financial goals.

Race & Ethnicity

The demographic makeup of ZIP 73020 is predominantly White, with 77.11% of the population identifying as such. Other groups include Black residents at 4.71%, Asian residents at 1.56%, and Hispanic or Latino residents at 6.24%. This composition indicates a primarily homogenous community with smaller but notable diversity. For businesses and investors, understanding this breakdown can help tailor services or marketing strategies to the majority demographic while also addressing the needs of minority groups in the area.

Key Facts

• Total population: 25,351 residents in ZIP 73020 as of 2023.
• Total households: 9,315, supporting a mix of family and solo living.
• Total housing units: 9,857, with a small surplus of available properties.
• Median household income: $99,108, indicating strong local earning power.
• Median home value: $248,700, a competitive price for the income level.
• Median rent: $1,363, reflecting a balanced rental market.
• Racial composition: 77.11% White, 6.24% Hispanic, 4.71% Black, 1.56% Asian.

What This Means for You

For homebuyers, ZIP 73020 offers a compelling mix of affordability and stability. With a median home value of $248,700 and a strong median income of $99,108, purchasing a home here could be a smart long-term investment, especially given the slight surplus of housing units that may ease competition. Real estate investors and agents will find potential in the gap between total housing units and households, which could signal opportunities for flipping properties or catering to incoming residents. The high median income also suggests tenants who can afford premium rents. For small-business owners, the affluent population and diverse (though predominantly White) demographic provide a solid customer base with spending power—ideal for retail, services, or dining ventures. Finally, analysts can use these metrics to benchmark 73020 against nearby ZIP codes, identifying trends in income growth or housing demand.

Run This Study Yourself

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