53120 Zip Code Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for the 53120 zip code? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for 53120, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

53120 is a zip code in Racine County and Walworth County, Wisconsin, which covers Waterford, East Troy, East Troy, La Grange, Mukwonago, and Troy, with a total population of 10,889 people.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in 53120 is $91,575.00.

The chart below shows the average household income by age in 53120.

  • Under 25
    $73,789.00
  • 25 to 44
    $99,868.00
  • 45 to 64
    $123,276.00
  • 65 and over
    $67,813.00

Average Household Income

A very commonly asked question is "what is the average household income in the 53120 zip code?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in 53120 is $114,945.00.

12.55% of households in the 53120 zip code are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for 53120 but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for 53120

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for the 53120 zip code easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    9.69%
  • $25,000 to $49,999
    10.52%
  • $50,000 to $74,999
    16.25%
  • $75,000 to $99,999
    17.70%
  • $100,000 to $149,999
    19.45%
  • $150,000 to $199,999
    13.84%
  • $200,000 or more
    12.55%

Per Capita Income

The per capita income is the average income of all people in the 53120 zip code. This is calculated by dividing the total income of all people in 53120 by the total number of people in 53120.

It differs from the average or mean household income because it includes all people in 53120 and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in the 53120 zip code is $47,861.00.

Population in 53120 by Race and Ethnicity

The total population in 53120 is currently 10,889 people.

The race and ethnicity of the population in 53120 can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in the 53120 zip code.

  • 0.50% White
    57
  • 97.40% Black/African American
    10,603
  • 95.10% Native
    10,350
  • 1.90% Hispanic
    202
  • 0.70% Asian
    75
  • 0.00% Hawaiian/Pacific Islander
    0
  • 0.00% Two or more races
    0
  • 0.40% Other
    48

Population of 53120 by Age and Gender

Another very important demographics statistic for the 53120 zip code is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 740 533
10 to 19 Years 623 624
20 to 29 Years 459 731
30 to 39 Years 708 733
40 to 49 Years 647 560
50 to 59 Years 669 665
60 to 69 Years 1,085 891
70 Years and over 559 662

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in the 53120 zip code.

  • Master's degree or higher
    13.12%
  • Bachelor's degree
    35.54%
  • Some college or associate's degree
    7.00%
  • High school diploma or equivalent
    42.34%
  • Less than high school diploma
    2.01%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for 53120 because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in 53120 look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in the 53120 zip code that are over the age of 16.

The current population in 53120 that are over the age of 16 is 8,860 people.

The unemployment rate in 53120 is 2.00%, which means 123 people are unemployed.

Median Age in 53120

The median age is an interesting metric because it gives us an idea of the age distribution of people in the 53120 zip code. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in 53120 is 44.2 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in 53120

44.2

Total

43.9

Male

44.3

Female

Households and Families

There are a total of 4,344 households in 53120, and the average household size is 2.49 people.

For families, the total number is 3,118, and the average family size is 2.89 people.

2.10% of those families in the 53120 zip code are living below the poverty line.

The table below shows the poverty thresholds for 53120 in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in the 53120 zip code for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 2,573 231 314 1,226
Average Household Size 2.87 3.15 3.45 1.32
Total Families 2,573 231 314 0
Average Household Size 2.85 2.57 3.44 0

Housing Data in 53120

There are total of 4,877 housing units in the 53120 zip code. Of those units, 4,344 (89.07%) are occupied, and 533 (10.93%) are vacant.

Rental Rates

Of the 4,877 housing units in 53120, 1,002 (20.55%) are occupied by renters. The median rent paid by renters is $1,326.00.

Owner occupied housing units make up the remaining 68.20% of housing units, with 3,326 housing units in total.

The table below breaks down how much rent is paid by renters in the 53120 zip code.

  • No rent paid
    16
  • Less than $500
    108
  • $500 to $999
    144
  • $1,000 to $1,499
    438
  • $1,500 to $1,999
    235
  • $2,000 to $2,499
    77
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Values

The median value of a property in 53120 is $295,200.00.

The table below breaks down the range of valuations for all properties in 53120.

  • Less than $50,000
    117
  • $50,000 to $99,999
    25
  • $100,000 to $149,999
    180
  • $150,000 to $199,999
    332
  • $200,000 to $299,999
    1,054
  • $300,000 to $499,999
    1,026
  • $500,000 to $999,999
    492
  • $1,000,000 or more
    100

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in the 53120 zip code.

  • 1939 or earlier
    850
  • 1940 to 1949
    201
  • 1950 to 1959
    250
  • 1960 to 1969
    380
  • 1970 to 1979
    822
  • 1980 to 1989
    394
  • 1990 to 1999
    893
  • 2000 to 2009
    590
  • 2010 to 2013
    485
  • 2014 or later
    12

Vehicles Available per Household

Finally, we have data on how many vehicles each household in 53120 has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    170
  • 1 vehicle available
    804
  • 2 vehicles available
    1,982
  • 3 or more vehicles available
    1,388

Commuting to Work in 53120

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of the 53120 zip code, how they commute, and how that correlates to other data points.

The average travel time is 27.6 minutes, and the chart below covers the range of travel times across the population of 53120.

  • Less than 5 minutes
    257
  • 5 to 9 minutes
    661
  • 10 to 14 minutes
    482
  • 15 to 19 minutes
    601
  • 20 to 24 minutes
    455
  • 25 to 29 minutes
    358
  • 30 to 34 minutes
    547
  • 35 to 39 minutes
    300
  • 40 to 44 minutes
    402
  • 45 to 59 minutes
    517
  • 60 to 89 minutes
    280
  • 90 or more minutes
    120

We can also look at the means of transport in 53120 to see which modes of transport people are using to commute to work.

  • Drove alone
    4,573
  • Carpooled
    241
  • Public transportation
    3
  • Walked
    113
  • Other means
    50
  • Worked from home
    927

Conclusion

Hopefully this article has given you the demographics data you were looking for in the 53120 zip code.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for 53120.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "53120 Zip Code Income, Population and Demographics". NameCensus.com. Accessed on April 20, 2024. https://namecensus.com/demographics/wisconsin/53120/.

  • "53120 Zip Code Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/wisconsin/53120/. Accessed 20 April, 2024

  • 53120 Zip Code Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/wisconsin/53120/.