ZIP 15224 - 860Z200US15224 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 15224, located in the Pittsburgh area, this demographic and housing snapshot offers a clear picture of the community in 2023. With data on population, income, housing values, and racial composition, this analysis equips homebuyers, real estate investors, small-business owners, and analysts with actionable insights. Whether you’re eyeing a home purchase, scouting rental properties, or planning a local venture, understanding ZIP 15224’s profile is a critical first step.

Population & Households

ZIP 15224 is home to a population of 10,516 residents as of 2023. This moderate-sized community supports 5,531 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 6,380, indicating some vacancy or availability for potential buyers or renters. This balance of population and housing suggests a stable yet dynamic area, with opportunities for those looking to settle or invest.

Income & Housing Costs

The median household income in ZIP 15224 is $65,974, positioning it as a community with a solid economic foundation for many residents. For homebuyers and investors, the median house value of $240,600 offers a glimpse into the real estate market’s accessibility compared to broader regional trends. Meanwhile, the median rent of $1,191 per month reflects a rental market that may appeal to tenants seeking urban proximity without exorbitant costs. These figures provide a benchmark for assessing affordability and investment potential in the area.

Race & Ethnicity

The demographic makeup of ZIP 15224 showcases a diverse community. White residents account for 68.8% of the population, followed by Black residents at 18.33%. Asian individuals make up 4.89%, and Hispanic or Latino residents represent 4.19%. This diversity can enrich the cultural fabric of the area, offering a blend of perspectives and experiences that may attract a wide range of residents and businesses looking for an inclusive environment.

Key Facts

• Total population in ZIP 15224: 10,516 residents.
• Total households: 5,531, supporting a mix of living arrangements.
• Total housing units: 6,380, with potential availability for new occupants.
• Median household income: $65,974, indicating moderate economic stability.
• Median house value: $240,600, a key metric for real estate decisions.
• Median rent: $1,191, reflecting a competitive rental market.
• Racial composition: 68.8% White, 18.33% Black, 4.89% Asian, 4.19% Hispanic.

What This Means for You

For homebuyers, ZIP 15224 presents a market with a median home value of $240,600, which could be within reach for many, especially given the median household income of $65,974. The availability of housing units suggests options to explore, whether you’re a first-time buyer or relocating.

For real estate investors and agents, the combination of home values, rental rates ($1,191 median), and a stable population of over 10,000 offers potential for both long-term appreciation and rental income. The diversity in housing stock and demographics could also mean varied demand, from families to young professionals.

For small-business owners, the diverse population and moderate income levels indicate a customer base with varied needs and spending power. A business catering to cultural diversity or essential services could find a receptive market here, especially with over 5,500 households to serve.

For analysts, these metrics provide a foundation for deeper research into trends like housing occupancy rates or income growth, helping to inform broader market or policy decisions in the Pittsburgh region.

Run This Study Yourself

Want to dive deeper into ZIP 15224 or compare it with other areas? Follow these steps to get tailored insights:

• Visit ZipcodeGPT to access a powerful tool for demographic and housing analysis.
• Enter any ZIP code to uncover detailed data on population, income, housing, and more.
• Use the insights to make informed decisions for buying, investing, or starting a business.