ZIP 01089 - 860Z200US01089 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 01089, understanding the area’s demographic and housing landscape is essential. Located in a vibrant community, this ZIP code offers a mix of residential appeal and economic potential. This snapshot, based on 2023 data, breaks down key metrics like population, income, housing values, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into what makes ZIP 01089 unique and how it can meet your needs.

Population & Households

ZIP 01089 is home to a population of 28,635 residents, making it a moderately sized community with a diverse mix of individuals and families. These residents are distributed across 12,598 households, reflecting a strong residential base. With 13,095 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new buyers or renters. This balance suggests a stable community with room for growth, ideal for those looking to settle or invest in a neighborhood with established roots.

Income & Housing Costs

Financially, ZIP 01089 stands out with a median household income of $70,401, which points to a solid middle-class foundation. This income level supports a comfortable lifestyle for many families and individuals, while also indicating purchasing power for local businesses. On the housing front, the median home value is $307,900, offering a reasonable entry point for buyers in today’s market. For renters, the median rent is $1,121 per month, which aligns with the area’s income levels and suggests affordability for a range of budgets. These figures highlight ZIP 01089 as a practical choice for those seeking value without sacrificing quality of life.

Race & Ethnicity

The demographic makeup of ZIP 01089 reflects a diverse yet predominantly white community, with 71.83% of residents identifying as white. Hispanic residents make up 13.08% of the population, adding cultural richness to the area. Asian residents account for 6.47%, and Black residents comprise 4.48%, rounding out a varied ethnic composition. This diversity can be a draw for families and businesses looking for an inclusive environment, while also offering unique opportunities for culturally tailored services or products.

Key Facts

• Total population: 28,635 residents, offering a mid-sized community feel.
• Total households: 12,598, indicating a strong residential presence.
• Total housing units: 13,095, suggesting potential availability for new occupants.
• Median household income: $70,401, reflecting a stable economic base.
• Median home value: $307,900, a competitive price for prospective buyers.
• Median rent: $1,121, providing affordable options for renters.
• Racial composition: 71.83% white, 13.08% Hispanic, 6.47% Asian, 4.48% Black, showcasing diversity.

What This Means for You

For homebuyers, ZIP 01089 presents a promising opportunity with median home values at $307,900 and a slight surplus of housing units. This could mean less competition and more negotiating power when purchasing a property. Investors and real estate agents will find the area’s stable household income of $70,401 and diverse population appealing for rental properties or flipping homes, as demand appears steady with room for growth. Small-business owners can leverage the community’s diversity and solid income levels to target a wide customer base, especially with services or products that cater to varied cultural needs. Analysts studying market trends will appreciate the balanced demographics and housing metrics as indicators of a sustainable local economy. Whether you’re buying, investing, or building a business, ZIP 01089 offers a foundation worth exploring.

Run This Study Yourself

• Curious about other ZIP codes or want deeper insights into ZIP 01089? Start by visiting ZipcodeGPT to access powerful demographic and housing data tools.
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