ZIP 14623 - 860Z200US14623 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 14623, understanding the local demographics and housing landscape is essential. Located in the Rochester, New York area, this ZIP code offers a mix of suburban appeal and economic diversity. With a population of over 25,000 and a range of housing options, it’s a dynamic area for homebuyers, real estate investors, small-business owners, and analysts alike. This snapshot, based on 2023 data, breaks down key metrics to help you make informed decisions about living, working, or investing in 14623.

Population & Households

ZIP 14623 is home to 25,689 residents, making it a moderately sized community with a strong residential base. These individuals are spread across 8,877 households, reflecting a mix of family units, singles, and shared living arrangements. The total number of housing units stands at 9,612, indicating some vacancy or availability for potential buyers or renters. This balance of population and household density suggests a stable community with room for growth, appealing to those looking for a place to settle or invest.

Income & Housing Costs

The median household income in ZIP 14623 is $61,088, positioning it as a middle-income area with reasonable earning potential for residents. For homebuyers and investors, the median house value of $167,800 offers an accessible entry point compared to many urban markets, making it an attractive option for first-time buyers or those seeking affordable real estate. Renters, on the other hand, face a median rent of $1,221 per month, which aligns with the income levels but may require careful budgeting for some households. These figures highlight a balanced housing market with opportunities for both ownership and rental investments.

Race & Ethnicity

The demographic makeup of ZIP 14623 reflects a diverse community with a variety of cultural backgrounds. The racial composition includes 66.75% White, 8.38% Black, 14.59% Asian, and 5.67% Hispanic residents. This diversity can be a significant draw for families and businesses seeking an inclusive environment. It also suggests a vibrant local culture, with potential for varied consumer needs and business opportunities catering to different communities. Understanding this mix can help tailor real estate strategies or business offerings to the area’s unique population.

Key Facts

• Total population: 25,689 residents, offering a sizable community for engagement or customer base.
• Total households: 8,877, indicating a strong residential foundation.
• Total housing units: 9,612, with some availability for new occupants or investors.
• Median household income: $61,088, reflecting a middle-income earning profile.
• Median house value: $167,800, an affordable option for many buyers.
• Median rent: $1,221, a moderate cost for renters in the area.
• Racial diversity: Predominantly White (66.75%), with significant Asian (14.59%) and other minority representation.

What This Means for You

For homebuyers, ZIP 14623 presents an affordable housing market with a median home value of $167,800, ideal for those looking to enter homeownership without breaking the bank. The area’s diversity and population size also suggest a welcoming community with access to varied amenities. Real estate investors and agents can capitalize on the balance of occupied and available housing units (9,612 total), potentially targeting rental properties given the $1,221 median rent, which aligns with local income levels. Small-business owners will find a diverse customer base of over 25,000 residents, with a cultural mix that could support niche markets or services tailored to specific demographics. Analysts can use these metrics to assess growth potential, housing demand, or economic stability in 14623, leveraging the middle-income profile and housing affordability as key indicators. Whether you’re buying, investing, or building a business, this ZIP code offers a solid foundation for your goals.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 14623? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access detailed population, income, and housing insights tailored to your needs.
• Use the generated reports to make data-driven decisions for your home search, investment, or business strategy.