ZIP 12180 - 860Z200US12180 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 12180, located in the Troy, New York area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 54,000 and a mix of housing options, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you understand what makes ZIP 12180 stand out and how it might align with your goals.

Population & Households

ZIP 12180 is home to 54,071 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 21,967 households, reflecting a diverse range of family structures and living arrangements. The total number of housing units stands at 25,527, indicating some vacancy or availability that could be of interest to buyers or investors looking for opportunities in the area. This balance of population and household density suggests a community with both established roots and room for growth.

Income & Housing Costs

The median household income in ZIP 12180 is $73,767, which points to a solid economic base for many residents. This income level supports a housing market where the median home value is $233,000, offering a range of options for potential buyers looking for affordability compared to higher-priced nearby markets. For renters, the median rent is $1,188 per month, which aligns with the income levels and provides a feasible option for those not ready to buy. These figures suggest a balanced market where both owning and renting are viable depending on your financial strategy.

Race & Ethnicity

The demographic makeup of ZIP 12180 reflects a diverse community with a blend of cultural backgrounds. The population is 69.53% White, 11.61% Black, 4.9% Asian, and 7.98% Hispanic, with the remainder comprising other or mixed-race individuals. This diversity can be a significant draw for businesses seeking a varied customer base or for families looking for an inclusive environment. Understanding this composition helps in assessing community dynamics and potential market needs for goods, services, or housing preferences.

Key Facts

• Total population: 54,071 residents, indicating a sizable community with active local engagement.
• Total households: 21,967, reflecting a mix of family and individual living arrangements.
• Total housing units: 25,527, suggesting some availability for new residents or investment properties.
• Median household income: $73,767, supporting a stable economic environment.
• Median home value: $233,000, offering a competitive entry point for homeownership.
• Median rent: $1,188, providing a reasonable option for renters in the area.
• Racial diversity: Predominantly White (69.53%), with notable Black (11.61%), Asian (4.9%), and Hispanic (7.98%) populations.

What This Means for You

For homebuyers, ZIP 12180 offers a promising market with a median home value of $233,000, which could be an accessible entry point compared to pricier neighboring areas. The income level of $73,767 suggests a community with financial stability, potentially reducing the risk of neighborhood decline. Investors and real estate agents might find the gap between total housing units (25,527) and households (21,967) intriguing, as it hints at vacant properties or untapped rental demand. With a median rent of $1,188, rental properties could yield steady returns. Small-business owners can leverage the diverse population of over 54,000 and the cultural mix to tailor products or services—think ethnic foods, community events, or inclusive marketing. Analysts can use these metrics to benchmark ZIP 12180 against other areas for deeper market studies or trend analysis. This data provides a foundation for informed decisions, whether you’re settling down, investing, or launching a venture.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 12180? Start by visiting ZipcodeGPT to access powerful demographic and housing analysis tools.
• Enter any ZIP code to generate a detailed report tailored to your needs, from population stats to housing trends.
• Use the insights to make data-driven decisions for your next home purchase, investment, or business strategy.