ZIP 15120 - 860Z200US15120 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP code 15120, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a mix of residential stability and economic potential. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and racial composition. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about living or working in 15120.

Population & Households

The total population of ZIP 15120 stands at 17,999 residents as of 2023. This figure reflects a community of moderate size, offering a balance between suburban calm and access to urban amenities. The area is home to 8,334 households, indicating a strong residential base. With 9,514 total housing units, there’s a notable supply of homes, though not all are occupied, suggesting potential availability for new residents or investors looking to enter the market.

Income & Housing Costs

Financial metrics are critical when evaluating a ZIP code for relocation or investment. In 15120, the median household income is $55,205, which provides a solid economic foundation for many families and individuals. Housing affordability is another key factor: the median house value is $118,900, making homeownership accessible compared to many national markets. For renters, the median rent is $835 per month, offering a cost-effective alternative to buying. These figures suggest that 15120 could be an attractive option for first-time buyers or those seeking affordable living arrangements.

Race & Ethnicity

Understanding the cultural makeup of an area can help gauge community dynamics and market needs. In ZIP 15120, the racial composition is predominantly White at 73.71%, followed by Black residents at 20.43%. Hispanic individuals make up 2.35% of the population, while Asian residents account for 0.32%. This diversity, though not extensive, contributes to a varied community fabric, which can be a draw for businesses catering to different cultural preferences or for families seeking an inclusive environment.

Key Facts

• Total population in ZIP 15120: 17,999 residents.
• Total households: 8,334, reflecting a stable residential community.
• Total housing units: 9,514, with some likely available for new occupants.
• Median household income: $55,205, supporting a middle-income lifestyle.
• Median house value: $118,900, indicating affordability for buyers.
• Median rent: $835, a reasonable cost for renters in the area.
• Racial breakdown: 73.71% White, 20.43% Black, 2.35% Hispanic, 0.32% Asian.

What This Means for You

For homebuyers, ZIP 15120 offers an affordable entry point into homeownership with a median house value of $118,900, well below many national averages. The reasonable median rent of $835 also makes this area appealing for those not ready to buy. Real estate investors and agents will find opportunity in the surplus of housing units (9,514 total) compared to occupied households (8,334), suggesting potential for rentals or flips in a market with steady demand. Small-business owners can leverage the population of nearly 18,000 and a median income of $55,205 to target middle-income consumers, while the area’s diversity offers niche marketing possibilities. Analysts can use these metrics to benchmark 15120 against neighboring ZIP codes for broader market trends. Overall, this area presents a balanced mix of affordability and opportunity for various stakeholders.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 15120? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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