ZIP 74011 - 860Z200US74011 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 74011, located in the Broken Arrow area of Oklahoma, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 33,000 and a robust median household income, this area presents a blend of suburban stability and growth potential. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, understanding the key metrics of ZIP 74011 can help you make informed decisions. Let’s dive into the data to uncover what makes this ZIP code unique.

Population & Households

ZIP 74011 is home to 33,191 residents, making it a moderately sized community with a strong suburban feel. These individuals are distributed across 12,473 households, reflecting a family-oriented environment with an average household size of about 2.7 people. The total number of housing units stands at 12,898, indicating a slight surplus of available homes compared to occupied households. This small gap could suggest opportunities for buyers or renters looking to settle in the area, as well as potential inventory for investors to consider.

Income & Housing Costs

Financial stability is a key draw for ZIP 74011, with a median household income of $95,643. This figure positions the area as a relatively affluent community, offering residents a comfortable standard of living compared to national averages. Housing costs align with this income level, with a median home value of $244,900. For renters, the median monthly rent is $1,303, which reflects a competitive but accessible rental market. These numbers suggest that ZIP 74011 strikes a balance between affordability and quality, appealing to a range of budgets for both homeownership and leasing.

Race & Ethnicity

The demographic makeup of ZIP 74011 showcases a diverse yet predominantly white community. Approximately 68.3% of residents identify as white, while 10.42% identify as Hispanic, 4.37% as Black, and 2.75% as Asian. This mix indicates a community with cultural variety, which can enrich local events, businesses, and social interactions. For business owners, this diversity may present opportunities to cater to a range of preferences and needs, while homebuyers might appreciate the inclusive atmosphere.

Key Facts

• Total population in ZIP 74011: 33,191 residents as of 2023.
• Total households: 12,473, indicating a family-friendly community.
• Total housing units: 12,898, with a small surplus of available properties.
• Median household income: $95,643, reflecting strong earning potential.
• Median home value: $244,900, offering a balanced real estate market.
• Median rent: $1,303 per month, competitive for the area’s income levels.
• Racial composition: 68.3% white, 10.42% Hispanic, 4.37% Black, 2.75% Asian.

What This Means for You

For homebuyers, ZIP 74011 offers a promising mix of affordability and value. With a median home price of $244,900 and a slight surplus of housing units, you may find good options to choose from, whether you’re a first-time buyer or upgrading to a larger space. The strong median income also suggests a stable local economy, which can support long-term property value growth.

For real estate investors and agents, the data points to potential in both buying and renting markets. The gap between housing units and households (about 425 units) could mean opportunities for flipping properties or securing rental income at a median rate of $1,303 per month. Additionally, the area’s income levels indicate tenants and buyers with solid purchasing power.

For small-business owners, ZIP 74011’s population size and diversity offer a sizable customer base with disposable income. The median household income of $95,643 suggests residents can support local services, retail, and dining. Tailoring offerings to the community’s cultural mix could further boost engagement and loyalty.

For analysts, these metrics provide a foundation for deeper studies on suburban growth trends, housing demand, and economic stability in the Broken Arrow region. The balance of income and housing costs could serve as a benchmark for comparing similar ZIP codes.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 74011? Start by visiting ZipcodeGPT to access powerful demographic and housing analysis tools.
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