ZIP 15206 - 860Z200US15206 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 15206, located in the vibrant Pittsburgh area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of nearly 30,000 and a diverse cultural makeup, this area presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, we’ll break down key metrics on population, income, housing, and diversity to help you make informed decisions.

Population & Households

ZIP 15206 is home to 29,176 residents, making it a moderately sized urban community. These individuals are distributed across 14,475 households, reflecting a mix of family and individual living arrangements. With 17,004 total housing units in the area, there’s a notable presence of both occupied and vacant properties, which could signal opportunities for investors or buyers looking for availability. The ratio of households to population suggests an average household size of about two people, pointing to a blend of singles, couples, and smaller families.

Income & Housing Costs

The median household income in ZIP 15206 stands at $69,906, which indicates a solid economic base for many residents. This income level supports a range of lifestyles and can influence local business viability. On the housing front, the median home value is $288,300, positioning this area as a moderately priced market within the Pittsburgh region. For renters, the median rent is $1,284 per month, which aligns with the income levels and suggests a balanced rental market. These figures provide a benchmark for affordability, whether you’re buying, renting, or assessing investment potential.

Race & Ethnicity

ZIP 15206 boasts a diverse community, with a racial and ethnic composition that reflects a rich cultural tapestry. White residents make up 54.08% of the population, followed by Black residents at 28.99%. Asian individuals account for 6.68%, and Hispanic or Latino residents comprise 4.21%. This diversity can be a draw for those seeking an inclusive environment, whether for personal living, community engagement, or business outreach. It also highlights the potential for culturally tailored services or products in the area.

Key Facts

• Total population: 29,176 residents in ZIP 15206 as of 2023.
• Total households: 14,475, indicating a mix of living arrangements.
• Total housing units: 17,004, with some vacancy for potential buyers or investors.
• Median household income: $69,906, supporting a stable local economy.
• Median home value: $288,300, reflecting a mid-range housing market.
• Median rent: $1,284, offering insight into rental affordability.
• Diverse demographics: 54.08% White, 28.99% Black, 6.68% Asian, 4.21% Hispanic.

What This Means for You

For homebuyers, ZIP 15206 offers a housing market with a median value of $288,300, which could be attractive if you’re seeking a balance of affordability and urban access. The diversity and community size suggest a welcoming environment for varied lifestyles. Investors and real estate agents should note the presence of over 17,000 housing units, with some likely vacant, presenting opportunities for flips, rentals, or new developments. The median rent of $1,284 also indicates a steady demand for rental properties. Small-business owners can leverage the area’s diversity and median income of $69,906 to target a broad customer base with disposable income, especially for culturally relevant or niche offerings. Finally, analysts can use these metrics to track trends in urban diversity, housing stock, and economic stability, providing deeper insights for clients or research.

Run This Study Yourself

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