ZIP 12550 - 860Z200US12550 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 12550 for your next home, investment property, or business location, understanding the area’s demographics and housing landscape is essential. Located in a dynamic region, ZIP 12550 offers a blend of diversity, economic opportunity, and housing options that appeal to a wide range of interests. This snapshot, based on 2023 data, breaks down the population, income, housing costs, and cultural composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions.

Population & Households

ZIP 12550 is home to a substantial population of 54,996 residents, making it a vibrant and active community. These individuals are distributed across 20,116 households, reflecting a mix of family sizes and living arrangements. With 22,204 total housing units in the area, there’s a noticeable spread of occupied and vacant properties, which could signal opportunities for buyers or investors looking to enter the market. The ratio of households to population suggests an average household size of about 2.7 people, pointing to a community that likely includes families, couples, and individuals alike.

Income & Housing Costs

Financially, ZIP 12550 presents a solid economic profile with a median household income of $78,019. This figure indicates a community with moderate to strong earning potential, which can support local businesses and attract investors seeking stable markets. On the housing front, the median home value stands at $297,400, offering a range of options for potential buyers depending on their budget and preferences. For renters, the median rent is $1,466 per month, which aligns with the income levels and suggests a balanced rental market. These metrics provide a clear picture of affordability and investment potential in the area.

Race & Ethnicity

One of the standout features of ZIP 12550 is its diverse population. The racial and ethnic composition includes 35.77% White, 20.09% Black, 2.05% Asian, and a significant 38.64% Hispanic or Latino population. This cultural diversity creates a rich community fabric, offering unique opportunities for businesses catering to varied tastes and needs, as well as fostering an inclusive environment for residents. For investors and business owners, this mix can translate into a broad customer base and a dynamic local culture.

Key Facts

• Total population: 54,996 residents, indicating a sizable and active community.
• Total households: 20,116, reflecting a mix of family and individual living arrangements.
• Total housing units: 22,204, with potential availability for new occupants or investors.
• Median household income: $78,019, suggesting moderate to strong local earning power.
• Median home value: $297,400, offering diverse options for homebuyers.
• Median rent: $1,466, aligning with income levels for a balanced rental market.
• Diversity: 38.64% Hispanic, 35.77% White, 20.09% Black, and 2.05% Asian, showcasing a vibrant cultural mix.

What This Means for You

For homebuyers, ZIP 12550 offers a promising mix of affordability and community diversity. With a median home value of $297,400, there are opportunities to find properties that fit various budgets, while the cultural richness adds to the area’s appeal as a place to settle. Real estate investors and agents will note the spread between total housing units (22,204) and households (20,116), which may indicate vacant properties or untapped rental potential—especially with a median rent of $1,466 that aligns with local incomes. Small-business owners can leverage the area’s population of nearly 55,000 and its diverse demographic makeup to target a wide customer base, whether opening a restaurant, retail shop, or service-based business. Analysts can use these metrics to assess market trends, housing demand, and economic stability in the region, grounding their research in hard data.

Run This Study Yourself

• Curious about diving deeper into ZIP 12550 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date insights on population, income, housing costs, and more, tailored to your needs.
• Use the detailed breakdowns to inform your decisions as a buyer, investor, or business owner, ensuring you have the most relevant information at your fingertips.