ZIP Code 15207 — Demographics & Housing Data 2023

Overview

If you’re considering ZIP code 15207 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in the Pittsburgh area, this ZIP code offers a mix of residential charm and economic opportunity. With a population of over 10,000 and a median household income of $56,466, ZIP 15207 presents a snapshot of a diverse, working-class community. This article breaks down the latest 2023 data to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions about this area.

Population & Households

ZIP 15207 is home to 10,751 residents, spread across 4,807 households. This translates to an average household size of roughly 2.2 people, suggesting a mix of small families, couples, and individuals. The total number of housing units stands at 5,624, indicating some vacancy or availability in the market. For those looking to settle or invest here, this population size reflects a stable, mid-sized community with enough density to support local businesses while maintaining a neighborhood feel.

Income & Housing Costs

The median household income in ZIP 15207 is $56,466, which aligns with a moderate earning capacity for the region. This income level supports a housing market where the median home value is $133,400—a relatively accessible price point for first-time buyers or investors seeking affordable properties. For renters, the median monthly rent is $1,041, offering a more budget-friendly option compared to higher-cost urban centers nearby. These figures suggest that ZIP 15207 could be a practical choice for those balancing cost with proximity to Pittsburgh’s amenities.

Race & Ethnicity

The demographic makeup of ZIP 15207 reflects a predominantly white population at 68.2%, with significant representation from Black residents at 19.72%. Asian and Hispanic communities account for 2.33% and 3.85%, respectively. This diversity contributes to a culturally rich environment, which can be a draw for families and businesses aiming to connect with varied customer bases or community networks. Understanding this composition helps in tailoring real estate strategies or business offerings to the local population’s needs.

Key Facts

• Total population: 10,751 residents in ZIP 15207.
• Total households: 4,807, with an average size of about 2.2 people.
• Total housing units: 5,624, indicating potential availability or vacancy.
• Median household income: $56,466, reflecting moderate earning power.
• Median home value: $133,400, an accessible entry point for buyers.
• Median rent: $1,041 per month, appealing to cost-conscious renters.
• Racial diversity: 68.2% white, 19.72% Black, 2.33% Asian, 3.85% Hispanic.

What This Means for You

For homebuyers, ZIP 15207 offers an affordable entry into homeownership with a median home value of $133,400. The moderate income levels and reasonable rent costs also suggest a stable community where long-term residency is feasible. If you’re a real estate investor or agent, the presence of over 5,600 housing units, combined with some apparent vacancies, hints at opportunities for rental properties or fixer-uppers in a market with steady demand. The diversity and population size can help in targeting specific buyer or tenant demographics.

For small-business owners, the population of 10,751 and household income of $56,466 indicate a customer base with disposable income for local goods and services. The cultural diversity also means you can cater to a broad audience with tailored offerings. Analysts will find this data useful for benchmarking against other ZIP codes in the Pittsburgh region, especially when assessing housing affordability or demographic trends for broader market studies.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 15207? Use ZipcodeGPT to access detailed demographic and housing insights tailored to your needs.
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