ZIP 73160 - 860Z200US73160 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 73160 in Oklahoma for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in the heart of the Oklahoma City metro area, this ZIP code offers a diverse community and a range of housing options. With data from 2023, this snapshot provides a clear picture of population trends, income levels, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will guide your next steps in ZIP 73160.

Population & Households

ZIP 73160 is home to a population of 62,205 residents, making it a sizable community with a mix of families, professionals, and individuals. This area supports 23,883 households, reflecting a strong residential base. With 25,055 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking to enter the market. This balance suggests a stable community with room for growth, appealing to those seeking a place to settle or expand.

Income & Housing Costs

The median household income in ZIP 73160 stands at $76,407, positioning it as a relatively affluent area within the region. This income level supports a comfortable lifestyle for many residents and indicates purchasing power for local businesses. On the housing front, the median home value is $189,000, offering an accessible entry point for first-time buyers or investors seeking affordable properties with potential for appreciation. For renters, the median rent is $1,245 per month, reflecting a competitive rental market that could attract landlords or tenants looking for reasonable costs compared to larger urban centers nearby.

Race & Ethnicity

The demographic makeup of ZIP 73160 is diverse, providing a multicultural environment that can appeal to a wide range of residents and businesses. The racial composition includes 65.01% White, 6.0% Black, 2.98% Asian, and 13.32% Hispanic residents. This diversity fosters a vibrant community culture, which can be a draw for families seeking inclusive neighborhoods or businesses aiming to serve varied customer bases. Understanding this mix is crucial for tailoring real estate strategies or marketing efforts to the local population.

Key Facts

• Total population: 62,205 residents, indicating a robust community size.
• Total households: 23,883, showing a strong residential presence.
• Total housing units: 25,055, suggesting potential availability for new occupants.
• Median household income: $76,407, reflecting solid economic stability.
• Median home value: $189,000, an attractive price point for buyers and investors.
• Median rent: $1,245, offering a competitive rental market.
• Racial diversity: 65.01% White, 13.32% Hispanic, 6.0% Black, 2.98% Asian, highlighting a multicultural area.

What This Means for You

For homebuyers, ZIP 73160 presents an opportunity to purchase at a median value of $189,000, which is approachable for many budgets, especially with a median household income of $76,407 supporting mortgage affordability. The slight surplus of housing units (25,055 vs. 23,883 households) may give buyers some negotiating power. Investors and real estate agents can capitalize on this market, as the combination of reasonable home prices and a growing population of over 62,000 suggests potential for rental demand or property value growth. Small-business owners will find a diverse customer base and a community with disposable income, ideal for retail, services, or dining ventures. Analysts can use these metrics to benchmark ZIP 73160 against neighboring areas, identifying trends in housing or demographic shifts for deeper market studies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 73160? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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