ZIP 15108 - 860Z200US15108 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 15108, located in the Pittsburgh metropolitan area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 42,000 and a robust median household income, this area presents a stable and diverse environment for homebuyers, real estate investors, small-business owners, and analysts. Let’s dive into the key metrics—population, income, housing costs, and racial composition—to help you make informed decisions about this ZIP code.

Population & Households

ZIP 15108 is home to 42,782 residents, making it a sizable community with a strong local presence. These individuals are distributed across 17,191 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 18,179, indicating a slight surplus of available homes compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

Financial stability is a key consideration for anyone exploring a new area, and ZIP 15108 delivers with a median household income of $94,703. This figure points to a relatively affluent community, where residents have the purchasing power to support local businesses and maintain a comfortable standard of living. Housing costs align with this income level, with a median home value of $255,200—a reasonable entry point for buyers in a competitive market. For renters, the median rent is $1,161 per month, offering a more affordable alternative to homeownership while still reflecting the area’s economic strength.

Race & Ethnicity

Understanding the cultural makeup of a community is essential for gauging its diversity and social fabric. In ZIP 15108, the population is predominantly White, accounting for 85.2% of residents. Black or African American individuals make up 4.79%, while Asian residents comprise 3.6%. Hispanic or Latino individuals represent 1.85% of the population. This composition suggests a primarily homogeneous community with smaller, yet notable, minority groups contributing to the area’s cultural landscape. For businesses and investors, this demographic mix can inform marketing strategies and community engagement efforts.

Key Facts

• Total population in ZIP 15108: 42,782 residents, indicating a substantial local market.
• Total households: 17,191, reflecting a strong base of family and individual units.
• Total housing units: 18,179, with a small surplus of available properties.
• Median household income: $94,703, showcasing economic stability.
• Median home value: $255,200, a competitive price for prospective buyers.
• Median rent: $1,161, offering an accessible option for renters.
• Racial composition: 85.2% White, 4.79% Black, 3.6% Asian, 1.85% Hispanic.

What This Means for You

For homebuyers, ZIP 15108 offers a promising mix of affordability and value. With a median home price of $255,200 and a slight surplus of housing units, you may find opportunities to secure a property at a reasonable cost in a financially stable community. Renters can also benefit from a median rent of $1,161, which aligns well with the area’s income levels, ensuring housing costs remain manageable.

Real estate investors and agents will appreciate the potential in ZIP 15108’s housing market. The gap between total housing units and occupied households suggests room for rental properties or flips, while the median income of $94,703 indicates residents can support higher-end investments or renovations. Keep an eye on market trends to capitalize on this balance of supply and demand.

Small-business owners stand to gain from a community with strong purchasing power. With over 42,000 residents and a high median income, there’s a solid customer base for retail, services, or dining ventures. Tailoring offerings to the predominantly White demographic, while being inclusive of smaller minority groups, can help maximize reach and relevance.

Analysts can use these metrics as a foundation for deeper studies on economic trends, housing demand, or community development in ZIP 15108. The data points to a stable, middle-to-upper-income area with growth potential, worthy of further exploration.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 15108? Start by visiting ZipcodeGPT for a user-friendly platform to access detailed demographic and housing data.
• Input any ZIP code to generate a customized report with the latest metrics, tailored to your needs as a buyer, investor, or business owner.
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