ZIP 15104 - 860Z200US15104 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 15104 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in Allegheny County, Pennsylvania, this area offers a unique blend of affordability and diversity. With a population of nearly 8,000 and a housing market characterized by low median home values, ZIP 15104 presents distinct opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. This snapshot, based on 2023 data, breaks down the key metrics to help you make informed decisions.

Population & Households

ZIP 15104 is home to 7,946 residents, making it a moderately sized community within the region. These individuals are distributed across 3,748 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 4,616, indicating a surplus of available properties relative to occupied households. This gap could signal potential for investors or developers looking to address housing demand or revitalize vacant units.

Income & Housing Costs

The median household income in ZIP 15104 is $34,125, which is notably lower than national averages. This figure suggests that affordability is a key characteristic of the area, but it may also reflect economic challenges for some residents. Housing costs align with this income level, with a median home value of $56,700—significantly below many urban and suburban markets. For renters, the median monthly rent is $642, offering a cost-effective alternative to homeownership. These metrics position ZIP 15104 as an accessible entry point for first-time buyers or budget-conscious investors.

Race & Ethnicity

The demographic makeup of ZIP 15104 is diverse, with a significant portion of the population identifying as Black (58.66%), followed by White (31.14%). Hispanic residents account for 3.28% of the population, while Asian individuals make up a smaller share at 0.44%. This diversity can be a draw for businesses and investors seeking to serve a varied customer base or build inclusive communities. Understanding these dynamics is crucial for tailoring services, marketing strategies, or development projects to the local population.

Key Facts

• Total population: 7,946 residents in ZIP 15104 as of 2023.
• Total households: 3,748, indicating a mix of family and solo living.
• Total housing units: 4,616, with a notable number of unoccupied properties.
• Median household income: $34,125, reflecting an affordable but economically constrained area.
• Median home value: $56,700, offering low-cost entry into homeownership.
• Median rent: $642 per month, a budget-friendly option for renters.
• Racial composition: Predominantly Black (58.66%) and White (31.14%), with smaller Hispanic (3.28%) and Asian (0.44%) populations.

What This Means for You

For homebuyers, ZIP 15104 offers an affordable path to homeownership with median home values under $60,000. However, the lower median income suggests you’ll want to budget carefully and explore local job opportunities or commuting options. Investors and real estate agents may find value in the surplus of housing units—potentially vacant properties ripe for renovation or rental conversion. The low median rent indicates a market for affordable housing, though returns may be modest. Small-business owners can leverage the area’s diversity to offer culturally relevant products or services, while keeping overhead low with affordable commercial rents. Finally, analysts can use these metrics to assess economic trends, housing demand, and community needs, providing actionable insights for clients or policymakers. Across all groups, the data underscores affordability as a core strength, balanced by the need to address economic limitations.

Run This Study Yourself

Want to dive deeper into ZIP 15104 or analyze another area? Follow these steps to uncover detailed demographic and housing insights tailored to your needs:

• Visit ZipcodeGPT to access a powerful tool for ZIP code analysis.
• Enter the ZIP code of interest to generate a comprehensive report with the latest data.
• Use the insights to inform your homebuying, investment, or business decisions with confidence.