ZIP 01841 - 860Z200US01841 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 01841 for your next home, investment, or business venture, this detailed snapshot offers a clear picture of the area’s demographics and housing landscape. Located in a vibrant community, this ZIP code is home to over 52,000 residents and presents a unique blend of cultural diversity and economic opportunity. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, understanding the population, income levels, and housing metrics of 01841 can help you make informed decisions. Let’s dive into the numbers for 2023 and uncover what makes this area stand out.

Population & Households

ZIP code 01841 has a total population of 52,761, making it a densely populated and active community. This sizable population supports a diverse local economy, with plenty of potential customers for businesses and a robust housing market for buyers and investors. The area comprises 17,097 households, reflecting a strong residential base. With 17,546 total housing units, there’s a tight balance between supply and demand, which could influence housing availability and pricing trends in the area.

Income & Housing Costs

The median household income in ZIP 01841 is $54,525, which provides insight into the economic profile of the area. This income level suggests a working-class community where affordability is a key consideration for many residents. On the housing front, the median home value stands at $393,800, indicating a significant investment for potential buyers. For renters, the median rent is $1,565 per month, which aligns with the income levels but may pose challenges for some households. These figures are critical for understanding affordability and market dynamics in 01841, whether you’re planning to buy, rent, or invest.

Race & Ethnicity

The demographic makeup of ZIP 01841 is notably diverse, with a strong cultural identity. The population is predominantly Hispanic, accounting for 86.83% of residents. White residents make up 9.59%, while Black and Asian populations are smaller at 1.8% and 0.91%, respectively. This rich diversity shapes the community’s character, influencing everything from local businesses to cultural events. For business owners and investors, this demographic profile offers opportunities to cater to a predominantly Hispanic market with tailored products, services, or marketing strategies.

Key Facts

• Total population: 52,761 residents, indicating a sizable and active community.
• Total households: 17,097, reflecting a strong residential foundation.
• Total housing units: 17,546, showing a tight balance between supply and demand.
• Median household income: $54,525, pointing to a working-class economic base.
• Median home value: $393,800, a significant figure for prospective buyers and investors.
• Median rent: $1,565, an important metric for renters and landlords.
• Hispanic population: 86.83%, highlighting the area’s cultural diversity.

What This Means for You

For homebuyers, ZIP 01841 offers a chance to join a vibrant, diverse community, though the median home value of $393,800 suggests you’ll need a solid budget or financing plan. The tight housing market, with just over 17,500 units for a population of 52,761, means acting quickly on opportunities could be key. Renters should note the median rent of $1,565, which may stretch budgets for some, so exploring income-aligned neighborhoods or shared housing might be wise.

Real estate investors and agents will find potential in 01841’s population density and limited housing supply, which could drive demand and property appreciation over time. However, the median income of $54,525 indicates that affordability will be a priority for many buyers or tenants, so focusing on reasonably priced properties or rental units could yield steady returns.

Small-business owners can leverage the area’s diversity, particularly the 86.83% Hispanic population, to offer culturally relevant products or services. With over 52,000 residents, there’s a substantial customer base, but aligning pricing with local income levels will be crucial for success. Analysts can use these metrics to track trends in housing demand, economic shifts, or demographic changes, providing valuable insights for clients or stakeholders.

Run This Study Yourself

• Want to explore ZIP 01841 or another area in greater depth? Start by visiting ZipcodeGPT for a user-friendly platform to analyze demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to make data-driven decisions for your home purchase, investment strategy, or business plan with confidence.