ZIP 14043 - 860Z200US14043 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 14043 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in a vibrant community, this area 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 ZIP 14043. Let’s dive into the numbers to help you make informed decisions.

Population & Households

ZIP 14043 is home to a population of 24,799 residents, making it a moderately sized community with a strong residential base. This population is distributed across 11,224 households, reflecting a robust demand for housing and local services. With 11,743 total housing units in the area, there’s a slight surplus of properties compared to occupied households, which could indicate opportunities for buyers or investors looking to enter the market. The balance between population and housing units suggests a stable community with room for growth or turnover.

Income & Housing Costs

Financial metrics are a critical factor when evaluating any area, and ZIP 14043 presents a solid economic profile. The median household income stands at $73,373, indicating a community with a comfortable earning capacity that can support local businesses and sustain housing demand. On the housing front, the median home value is $192,800, which offers a reasonable entry point for buyers compared to many urban markets. For renters, the median rent is $1,072 per month, reflecting a balanced rental market that caters to a range of budgets. These figures suggest that ZIP 14043 is an accessible area for both homeownership and renting, appealing to diverse economic backgrounds.

Race & Ethnicity

Understanding the cultural makeup of a community can provide valuable insights for residents and businesses alike. In ZIP 14043, the racial and ethnic composition is predominantly White, accounting for 91.35% of the population. Other groups include Black residents at 2.31%, Asian residents at 1.45%, and Hispanic or Latino individuals at 3.42%. This demographic profile points to a largely homogeneous community with smaller but notable diversity. For businesses, this could mean tailoring services or marketing to a primarily White demographic while exploring niche opportunities to serve minority groups. For residents, it reflects a community with a consistent cultural identity and emerging diversity.

Key Facts

• Total population in ZIP 14043: 24,799 residents, offering a sizable market for businesses and services.
• Total households: 11,224, indicating strong demand for housing and local amenities.
• Total housing units: 11,743, suggesting a small surplus of properties for potential buyers or investors.
• Median household income: $73,373, reflecting a financially stable community.
• Median home value: $192,800, an accessible price point for many homebuyers.
• Median rent: $1,072, providing affordable options for renters.
• Racial composition: 91.35% White, with smaller percentages of Black, Asian, and Hispanic residents.

What This Means for You

For homebuyers, ZIP 14043 offers a promising opportunity with a median home value of $192,800, which is competitive for a community of this size and income level. The slight surplus of housing units could mean less competition when searching for a property. Investors and real estate agents will find value in the stable population and household numbers, paired with reasonable home prices, which suggest potential for appreciation or rental income, especially with a median rent of $1,072. Small-business owners can tap into a financially secure customer base with a median household income of $73,373, while considering the predominantly White demographic for targeted offerings. Analysts can use these metrics to benchmark ZIP 14043 against neighboring areas, identifying trends in housing availability or demographic shifts. Whether you’re settling down, investing, or launching a venture, this area provides a balanced foundation to build on.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 14043? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access detailed reports on population, housing, income, and more, tailored to your needs.
• Use the insights to make data-driven decisions for your next home purchase, investment, or business strategy.