ZIP Code 15142 — Demographics & Housing Data 2023

Overview

If you’re considering a move, investment, or business opportunity in ZIP 15142, understanding the local demographics and housing landscape is essential. Located in a dynamic region, this area offers a unique blend of community size and economic strength. With a population of just over 1,600 and a median household income exceeding $100,000, ZIP 15142 presents a stable and affluent environment. This article breaks down the latest 2023 data to provide clear, actionable insights for homebuyers, real estate investors, small-business owners, and analysts looking to make informed decisions.

Population & Households

ZIP 15142 is home to a population of 1,620 residents, making it a smaller, tight-knit community. This size can appeal to those seeking a quieter lifestyle while still benefiting from proximity to larger urban centers. The area comprises 797 households, reflecting a community where family and individual living arrangements are balanced. With 843 total housing units, there’s a modest buffer of available properties, which could indicate limited turnover or opportunities for new residents and investors to explore.

Income & Housing Costs

One of the standout features of ZIP 15142 is its economic profile. The median household income stands at $104,592, signaling a financially secure community with significant purchasing power. This level of income supports a robust local economy, which can be a draw for small businesses looking to serve a well-off clientele. On the housing front, the median home value is $601,300, reflecting a high-end real estate market. For renters, the median rent is $1,757 per month, which aligns with the area’s upscale nature. These figures suggest that ZIP 15142 is a premium location, ideal for those who can afford to invest in or reside in a high-value area.

Race & Ethnicity

The demographic composition of ZIP 15142 offers a glimpse into the community’s diversity. The majority of residents identify as White, accounting for 82.65% of the population. Black residents make up 7.41%, while Asian residents represent 4.44%. Data on Hispanic or Latino populations was not available in this dataset, but the existing breakdown indicates a predominantly White area with smaller, yet notable, representation from other racial groups. This mix can influence community culture, local businesses, and the types of services or amenities in demand.

Key Facts

• Total population: 1,620 residents, offering a small-community feel.
• Total households: 797, indicating a balanced residential base.
• Total housing units: 843, with slight availability beyond current occupancy.
• Median household income: $104,592, reflecting strong economic stability.
• Median home value: $601,300, positioning this as a premium housing market.
• Median rent: $1,757, consistent with the area’s high property values.
• Racial composition: 82.65% White, 7.41% Black, 4.44% Asian.

What This Means for You

For homebuyers, ZIP 15142 offers a chance to settle in an affluent, smaller community with high property values. The median home price of $601,300 means you’ll need substantial financial readiness, but the investment could yield long-term value in a stable market. The high median income also suggests neighbors with similar economic standing, fostering a cohesive community.

For real estate investors and agents, the limited housing stock (843 units for 797 households) hints at low turnover, so finding deals may require patience or creative strategies. However, the high home values and rents ($1,757 median) indicate strong potential returns for rental properties or flips, provided you target the right buyers or tenants.

For small-business owners, the $104,592 median income is a green light for businesses catering to upscale or discretionary spending. Think boutique retail, premium services, or dining—locals have the means to support such ventures. The smaller population means less foot traffic, so focus on niche markets or online reach to supplement local demand.

For analysts, the data points to a stable, high-value area with limited diversity and growth potential constrained by housing stock. This could be a benchmark for comparing similar ZIP codes or assessing long-term appreciation trends.

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