ZIP 15216 - 860Z200US15216 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 15216, understanding the local demographics and housing landscape is essential. Located in the Pittsburgh area, this ZIP code offers a blend of suburban charm and urban accessibility. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and diversity in 15216. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights can guide your next steps with confidence.

Population & Households

ZIP 15216 is home to a population of 21,503 residents as of 2023. This community supports 10,029 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 11,194, indicating a slight surplus of available properties 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 units.

Income & Housing Costs

The median household income in ZIP 15216 is $81,542, positioning this area as a relatively affluent community within the broader region. For homebuyers and investors, the median house value of $193,700 offers a reasonable entry point compared to pricier nearby markets. Meanwhile, renters face a median rent of $1,078 per month, which aligns with the income levels and suggests affordability for many residents. These figures highlight 15216 as a stable market for both owning and renting, appealing to a range of budgets.

Race & Ethnicity

The demographic makeup of ZIP 15216 reflects a predominantly white population at 80.84%, with smaller but notable representation from other groups. Black residents account for 8.82% of the population, while Asian residents make up 2.15%. Hispanic or Latino individuals represent 3.36% of the community. This diversity, though moderate, contributes to a varied cultural fabric that can attract businesses and residents seeking an inclusive environment.

Key Facts

• Total population in ZIP 15216: 21,503 residents.
• Total households: 10,029, supporting a mix of family and solo living.
• Total housing units: 11,194, with some vacancy for potential buyers or renters.
• Median household income: $81,542, indicating solid earning power.
• Median house value: $193,700, a competitive price in the region.
• Median rent: $1,078, aligning with local income levels.
• Racial composition: 80.84% white, 8.82% Black, 2.15% Asian, 3.36% Hispanic.

What This Means for You

For homebuyers, ZIP 15216 presents an attractive option with median home values at $193,700 and a median income that supports comfortable living. The slight surplus of housing units could mean less competition when searching for your ideal property. Real estate investors and agents will find value in the area’s stability—decent income levels and affordable rents suggest consistent demand for both purchases and rentals. The vacancy in housing units also hints at opportunities for flipping or long-term leasing.

For small-business owners, the population of over 21,000 and a median income of $81,542 signal a customer base with disposable income. The diversity in the community offers a chance to cater to varied tastes and needs, whether you’re opening a retail shop, restaurant, or service-based business. Analysts can use these metrics to benchmark 15216 against neighboring ZIP codes, identifying trends in housing affordability and demographic shifts for deeper market studies.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 15216? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date stats on population, income, housing costs, and more, tailored to your needs.
• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business venture.