ZIP 06605 - 860Z200US06605 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 06605, located in Bridgeport, Connecticut, this demographic and housing snapshot offers a clear picture of the area in 2023. With a diverse population, varied income levels, and a mix of housing options, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, agents, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living, working, or investing here.

Population & Households

ZIP 06605 is home to a population of 25,238 residents as of 2023, making it a moderately sized community within the Bridgeport area. These residents are distributed across 10,002 households, reflecting a vibrant and active local population. With 10,799 total housing units in the area, there’s a slight surplus of housing compared to households, which could indicate availability for new residents or investors looking for rental opportunities. Understanding the population size and household distribution is critical for assessing community needs, market demand, and growth potential in this ZIP code.

Income & Housing Costs

The median household income in ZIP 06605 stands at $59,673, which provides a glimpse into the economic landscape of the area. This income level suggests a community with a mix of working-class and middle-income families, offering a stable base for local businesses and services. On the housing front, the median house value is $273,100, which positions this area as relatively affordable compared to other parts of Connecticut, appealing to first-time homebuyers or investors seeking value. Meanwhile, the median rent is $1,423 per month, reflecting a rental market that could be attractive for landlords or tenants looking for reasonable costs in an urban setting. These financial metrics are essential for gauging affordability and investment returns in 06605.

Race & Ethnicity

ZIP 06605 boasts a diverse cultural makeup, which enriches the community and shapes its social and economic dynamics. The racial and ethnic composition in 2023 includes 33.05% White, 19.05% Black, 5.41% Asian, and a significant 39.06% Hispanic population. This diversity can be a draw for businesses aiming to serve a wide customer base or for families seeking an inclusive environment. For investors and agents, understanding this demographic mix is key to tailoring marketing strategies or identifying community needs, while small-business owners can leverage this diversity to offer culturally relevant products or services.

Key Facts

• Total population: 25,238 residents in 2023, indicating a moderately sized community.
• Total households: 10,002, reflecting active local engagement.
• Total housing units: 10,799, suggesting potential availability for new residents or rentals.
• Median household income: $59,673, pointing to a mixed economic base.
• Median house value: $273,100, offering affordability in the region.
• Median rent: $1,423, a reasonable cost for urban renters.
• Diverse demographics: 39.06% Hispanic, 33.05% White, 19.05% Black, and 5.41% Asian.

What This Means for You

For homebuyers, ZIP 06605 offers a chance to enter the housing market at a median value of $273,100, which is competitive for the region. The slight surplus of housing units (10,799 vs. 10,002 households) may provide negotiating power or options to find the right property. Investors and real estate agents can capitalize on the rental market, with a median rent of $1,423 suggesting steady demand in an area with a diverse tenant pool. Small-business owners will find a culturally rich customer base of 25,238 residents, where tailoring offerings to Hispanic (39.06%) and other demographic groups could drive success. Analysts can use these metrics—population size, income levels, and housing costs—to forecast trends or advise clients on strategic moves in 06605. Whether you’re buying, investing, or starting a business, this data equips you to align your goals with the community’s profile.

Run This Study Yourself

• Want to dive deeper into ZIP 06605 or compare it with other areas? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
• Enter any ZIP code to access up-to-date demographic, housing, and economic data tailored to your needs.
• Use the insights to make informed decisions for your home purchase, investment, or business strategy.