ZIP 06604 - 860Z200US06604 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 06604 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in Bridgeport, Connecticut, this area offers a diverse community and a mix of housing options. This snapshot, based on 2023 data, breaks down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into what makes ZIP 06604 unique and how these insights can guide your next steps.

Population & Households

ZIP 06604 is home to a population of 29,497 residents, making it a moderately sized community within the Bridgeport area. These individuals are distributed across 11,892 households, reflecting a vibrant and active local population. With 12,972 total housing units in the area, there’s a slight surplus of units compared to households, which could indicate some availability for new residents or investors looking to enter the market. This balance between population and housing stock is a critical factor for anyone evaluating the area’s capacity for growth or residential stability.

Income & Housing Costs

The median household income in ZIP 06604 stands at $45,794, which provides a clear picture of the earning power within this community. For homebuyers and investors, this figure is a useful benchmark when assessing affordability and potential rental demand. On the housing front, the median house value is $231,300, offering a relatively accessible entry point for buyers in the Connecticut market, where prices can often be higher in neighboring areas. For renters, the median rent is $1,419 per month, which aligns with the income levels and suggests a significant portion of residents may opt for renting over buying. These metrics highlight both opportunities and challenges for those looking to invest or settle in this ZIP code.

Race & Ethnicity

ZIP 06604 boasts a richly diverse population, which is a key draw for many seeking an inclusive community. The racial and ethnic composition breaks down as follows: 45.13% Hispanic, 29.89% White, 14.67% Black, and 3.97% Asian, with the remainder comprising other or mixed-race individuals. This diversity can be a significant asset for small-business owners looking to cater to a wide range of cultural preferences or for families seeking a multicultural environment. Understanding this makeup also helps real estate agents and investors tailor their strategies to meet the needs of varied demographic groups in the area.

Key Facts

• Total population: 29,497 residents, indicating a moderately sized community.
• Total households: 11,892, reflecting active residential engagement.
• Total housing units: 12,972, suggesting some availability for new occupants.
• Median household income: $45,794, a benchmark for affordability assessments.
• Median house value: $231,300, relatively accessible for the region.
• Median rent: $1,419, aligning with local income levels.
• Diverse population: 45.13% Hispanic, 29.89% White, 14.67% Black, 3.97% Asian.

What This Means for You

For homebuyers, ZIP 06604 offers a chance to enter the housing market at a median value of $231,300, which could be appealing compared to higher-priced areas nearby. However, with a median income of $45,794, budgeting for homeownership or rent at $1,419 monthly will require careful financial planning. Real estate investors and agents can find opportunities in the slight surplus of housing units (12,972 vs. 11,892 households), which may signal room for rental properties or flips, especially in a diverse market that attracts varied tenant profiles. Small-business owners should note the cultural diversity—45.13% Hispanic and significant White and Black populations—offering a broad customer base for tailored products or services. Analysts can use these metrics to track trends in affordability and demographic shifts, providing deeper insights for clients or stakeholders. Whether you’re buying, investing, or building a business, ZIP 06604 presents a balanced mix of challenges and potential.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 06604? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, income, and housing metrics tailored to your needs.
• Use the insights to make informed decisions for your home purchase, investment, or business strategy with confidence.