ZIP 02119 - 860Z200US02119 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 02119, located in the heart of Boston, Massachusetts, understanding the area's demographic and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing costs, and cultural diversity in this vibrant community. Whether you're a homebuyer, real estate investor, small-business owner, or data analyst, these insights can help you make informed decisions about living, working, or investing in ZIP 02119.

Population & Households

ZIP 02119 is home to a population of 26,851 residents, making it a moderately sized urban community. These individuals are distributed across 11,764 households, reflecting a mix of family and individual living arrangements. With 12,937 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate some availability for new residents or investors looking for rental opportunities. This balance between population and housing units suggests a community with room for growth or transition, depending on market dynamics.

Income & Housing Costs

The median household income in ZIP 02119 stands at $43,255, which is below the national average but reflective of the economic diversity often found in urban settings. For homebuyers and investors, the median house value of $668,900 highlights a significant investment, likely driven by the area’s proximity to central Boston and urban amenities. Meanwhile, renters face a median monthly rent of $1,252, which may be a more accessible entry point for those not ready to buy. These figures suggest a market where affordability varies widely depending on whether you’re renting or purchasing, offering options for different financial situations.

Race & Ethnicity

ZIP 02119 is a culturally rich and diverse area, with a racial and ethnic composition that reflects a broad spectrum of backgrounds. The largest demographic group is Black or African American at 42.78%, followed by Hispanic or Latino residents at 31.81%. White residents make up 13.15% of the population, while Asian residents account for 3.34%. This diversity shapes the community’s identity, influencing local businesses, cultural events, and social dynamics. For business owners and investors, this mix presents opportunities to cater to a wide range of cultural preferences and needs.

Key Facts

• Total population: 26,851 residents in ZIP 02119.
• Total households: 11,764, indicating a mix of family and solo living.
• Total housing units: 12,937, suggesting some availability for new occupants.
• Median household income: $43,255, reflecting economic diversity.
• Median house value: $668,900, a significant investment in an urban market.
• Median rent: $1,252 per month, offering a more affordable housing option.
• Racial diversity: 42.78% Black, 31.81% Hispanic, 13.15% White, 3.34% Asian.

What This Means for You

For homebuyers, ZIP 02119 offers a chance to invest in a high-value urban market with median home prices at $668,900. While the upfront cost is steep, the location’s proximity to Boston’s core could mean long-term value appreciation. If buying isn’t feasible, renting at a median of $1,252 per month provides a more budget-friendly way to join this diverse community. Investors and real estate agents should note the slight surplus of housing units (12,937 total vs. 11,764 households), which could signal opportunities for rental properties or flips, especially given the area’s cultural vibrancy and urban appeal. Small-business owners can leverage the diverse population—over 74% identifying as Black or Hispanic—to tailor products, services, or marketing to specific cultural groups, potentially building a loyal customer base. Finally, analysts can use these metrics as a baseline to track economic or demographic shifts in this dynamic ZIP code over time.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 02119? Start by visiting ZipcodeGPT for a user-friendly way to access detailed demographic and housing data.
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• Use the insights to inform your next move, investment, or business strategy with confidence.