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ZIP 59103 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 59103

Median Home Value
$280,300
Median Rent
$876
Affordability Snapshot
$77,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,801/mo PITI).

26%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.8x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

26.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 59103, a household would need roughly $77,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,801. That is about 88% above the local median household income ($41,029), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
27.4%-58% vs US avg
x
Vacancy Rate
12.6%+22% vs US avg
x
Broadband Access
83.7%-4% vs US avg
x
4+ Bedrooms
4.4%-70% vs US avg
x
Built Pre-1939
18.9%+48% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
16.9%-66% vs US avg
x
Mortgage-Free
56.8%+49% vs US avg
x
$280,300
Home Value
$876
Rent
1942
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached41.0%
  • 1-unit attached1.8%
  • 2-9 units23.8%
  • 10+ units32.8%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$280,300
Median rent$876
Owner-occupied27.4%
Vacant12.6%
Price-to-income6.8x
Est. income to buy$77,000