ZIP 77083 - 860Z200US77083 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 77083 in Houston, Texas, as a place to live, invest, or start a business, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the area’s population, income levels, housing costs, and cultural diversity. Whether you’re a homebuyer looking for affordability, an investor seeking opportunities, or a small-business owner evaluating market potential, these insights will help you make informed decisions about ZIP 77083.

Population & Households

ZIP 77083 is home to a substantial population of 74,843 residents, making it a vibrant and densely populated community. This area supports 22,633 households, reflecting a strong residential base. With 23,872 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate some availability for new residents or investors looking to acquire properties. The size of this population also suggests a robust local market for businesses catering to families and individuals.

Income & Housing Costs

The median household income in ZIP 77083 stands at $65,349, which offers a solid economic foundation for many families and individuals. This income level positions the area as a middle-income community, potentially appealing to homebuyers seeking affordability without sacrificing access to urban amenities in the greater Houston area. Housing costs further underscore this affordability: the median house value is $223,100, which is relatively moderate for the region, while the median rent is $1,375 per month. These figures suggest that both buying and renting are viable options, depending on your financial goals and lifestyle preferences.

For investors, the combination of reasonable home values and rental rates could signal opportunities for steady returns, especially in a community with a sizable population to support demand. Small-business owners might also find the income levels indicative of a customer base with disposable income for goods and services.

Race & Ethnicity

ZIP 77083 is a culturally diverse area, with a rich mix of racial and ethnic backgrounds among its residents. The population breakdown shows Hispanic or Latino residents making up 35.31%, the largest group, followed by Black or African American at 30.25%, Asian at 23.37%, and White at 8.23%. This diversity creates a dynamic community atmosphere, which can be a draw for families seeking an inclusive environment and for businesses looking to serve a wide range of cultural preferences and needs. Understanding this composition can help tailor marketing strategies or community engagement efforts to resonate with local residents.

Key Facts

• Total population in ZIP 77083: 74,843 residents, indicating a large and active community.
• Total households: 22,633, supporting a strong residential presence.
• Total housing units: 23,872, suggesting some availability for new occupants or investment properties.
• Median household income: $65,349, reflecting a middle-income economic profile.
• Median house value: $223,100, offering affordability in the Houston market.
• Median rent: $1,375, providing a reasonable option for renters.
• Diverse population: 35.31% Hispanic, 30.25% Black, 23.37% Asian, and 8.23% White.

What This Means for You

For homebuyers, ZIP 77083 offers a compelling mix of affordability and community size. With a median home value of $223,100 and a median Ascendancy, you can find a home within reach, especially if you’re open to properties that may need minor updates. The area’s diversity and population of over 74,000 also mean access to a variety of cultural amenities and a lively neighborhood vibe.

Investors and real estate agents will appreciate the slight surplus of housing units (23,872) over households (22,633), which could point to opportunities for rental properties or fixer-uppers. The median rent of $1,375 suggests a market for tenants, while the home values indicate room for appreciation over time.

Small-business owners can leverage the diverse demographic makeup and sizable population of ZIP 77083 to tap into a broad customer base. With a median household income of $65,349, there’s potential spending power for local goods and services, especially if your offerings cater to the cultural diversity of the area.

Run This Study Yourself

• Curious about ZIP 77083 or another area? Dive into detailed demographic and housing data with ease.
• Visit ZipcodeGPT to access powerful tools that break down population, income, and housing metrics for any ZIP code.
• Make informed decisions for your home search, investment strategy, or business plan with just a few clicks.