ZIP 12302 - 860Z200US12302 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 12302 for your next home, investment, or business venture, understanding the area’s demographic and housing landscape is essential. Located in a vibrant community, this ZIP code offers a mix of stability and opportunity for homebuyers, real estate investors, small-business owners, and analysts. Using the latest 2023 data, this snapshot provides a clear picture of population trends, income levels, housing costs, and cultural diversity in 12302. Let’s dive into the numbers to help you make informed decisions.

Population & Households

ZIP code 12302 is home to a population of 27,470 residents, making it a moderately sized community with a strong residential base. This population is distributed across 11,491 households, reflecting a mix of family and individual living arrangements. With 12,406 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking to enter the market. These figures suggest a stable community with room for growth, ideal for those seeking a balanced suburban environment.

Income & Housing Costs

Financial metrics in ZIP 12302 paint a picture of economic strength. The median household income stands at $94,156, indicating a relatively affluent area where residents have solid purchasing power. This income level supports a robust local economy, which can be a draw for small businesses and service providers. On the housing front, the median home value is $240,700, offering a reasonable entry point for buyers in a competitive market. For renters, the median rent is $1,207 per month, reflecting a rental market that’s accessible yet aligned with the area’s income levels. These numbers suggest that 12302 offers a balanced cost of living for both homeowners and tenants.

Race & Ethnicity

The demographic makeup of ZIP 12302 is predominantly White, with 90.01% of the population identifying as such. Other racial and ethnic groups include Black residents at 1.55%, Asian residents at 1.69%, and Hispanic or Latino residents at 3.22%. This composition points to a largely homogeneous community with smaller pockets of diversity. For businesses and investors, this demographic profile may influence marketing strategies or community engagement efforts, while homebuyers might appreciate the area’s established cultural identity alongside opportunities to foster inclusivity.

Key Facts

• Total population in ZIP 12302: 27,470 residents.
• Total households: 11,491, indicating a strong residential presence.
• Total housing units: 12,406, suggesting potential availability for new occupants.
• Median household income: $94,156, reflecting economic stability.
• Median home value: $240,700, a competitive price for the region.
• Median rent: $1,207, offering a balanced rental market.
• Racial composition: 90.01% White, 1.55% Black, 1.69% Asian, 3.22% Hispanic.

What This Means for You

For homebuyers, ZIP 12302 offers a promising opportunity with median home values at $240,700, which could be within reach for many given the area’s strong median income of $94,156. The slight surplus of housing units suggests you might find options to suit your needs, though acting quickly in a stable market is wise. Real estate investors and agents can leverage the area’s economic strength and housing availability to target buyers or renters, with median rents at $1,207 providing a steady income stream for rental properties. Small-business owners will find a financially capable customer base in 12302, ideal for retail, services, or dining ventures—consider tailoring offerings to the predominantly White demographic while exploring ways to appeal to smaller, diverse groups. Analysts can use these metrics as a baseline for deeper market studies, focusing on income trends or housing turnover rates. Across all groups, 12302 presents a community with solid fundamentals for personal and professional growth.

Run This Study Yourself

• Want to explore ZIP 12302 or another area in greater detail? Start by visiting ZipcodeGPT for a user-friendly platform to access demographic and housing data.
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