ZIP 74105 - 860Z200US74105 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP code 74105, located in Tulsa, Oklahoma, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 27,000 and a mix of housing options, this ZIP code presents unique opportunities and considerations for homebuyers, real estate investors, small-business owners, and analysts. Let’s dive into the latest data to help you make informed decisions about living, working, or investing in 74105.

Population & Households

ZIP 74105 is home to a population of 27,249 residents as of 2023. This community supports 13,080 households, indicating a vibrant residential base with a mix of family and individual living arrangements. The total number of housing units stands at 14,531, suggesting a slight surplus of available homes or rentals compared to occupied households. This balance could mean opportunities for buyers or renters looking for options in a moderately sized urban area like this part of Tulsa.

Income & Housing Costs

The median household income in ZIP 74105 is $69,864, reflecting a solid economic foundation for many residents. This income level supports a housing market where the median house value is $318,500, positioning 74105 as a potentially attractive area for mid-range homebuyers or investors seeking properties with room for appreciation. For renters, the median rent is $989 per month, offering a more affordable alternative to homeownership in this market. These figures provide a benchmark for assessing affordability and investment potential in the area.

Race & Ethnicity

The demographic makeup of ZIP 74105 shows a predominantly white population at 70.29%, with other groups contributing to the area’s diversity. Black residents account for 9.38% of the population, while Asian residents make up 1.33%. Hispanic or Latino individuals represent 6.77% of the community. This mix indicates a primarily homogeneous area with pockets of cultural diversity, which could influence community dynamics, local businesses, and housing preferences for those looking to settle or invest in 74105.

Key Facts

• Total population: 27,249 residents in 2023, offering a sizable community for engagement or business reach.
• Total households: 13,080, reflecting a strong residential presence in ZIP 74105.
• Total housing units: 14,531, indicating potential availability for new residents or investors.
• Median household income: $69,864, suggesting a stable economic base for many families.
• Median house value: $318,500, a competitive price point for mid-tier real estate markets.
• Median rent: $989, providing an accessible entry point for renters in the area.
• Racial composition: 70.29% white, 9.38% black, 1.33% Asian, and 6.77% Hispanic, showing moderate diversity.

What This Means for You

For homebuyers, ZIP 74105 offers a promising mix of affordability and value with a median home price of $318,500 and reasonable rental costs at $989 per month. The slight surplus of housing units (14,531 total) compared to households (13,080) suggests you might find options to suit your needs, whether buying or renting. The median income of $69,864 indicates a community with financial stability, which could translate to well-maintained neighborhoods.

For investors and real estate agents, the data points to potential in both purchase and rental markets. With home values at a mid-range level, there’s room for growth, especially if Tulsa’s economy continues to develop. The rental market, with a median rent under $1,000, could attract tenants seeking affordability, making 74105 a candidate for buy-and-hold strategies or property flips.

For small-business owners, a population of over 27,000 offers a decent customer base, while the income levels suggest residents have disposable income for local goods and services. The demographic diversity, though moderate, could guide targeted offerings or marketing to specific community segments in 74105.

For analysts, these metrics provide a baseline for deeper studies into housing trends, economic health, or demographic shifts in this Tulsa ZIP code, helping to inform broader regional analyses or investment forecasts.

Run This Study Yourself

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