ZIP 15227 - 860Z200US15227 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 15227, located in the Pittsburgh area of Pennsylvania, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of nearly 29,057 residents and a mix of housing options, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you understand what makes ZIP 15227 stand out and how it might align with your goals.

Population & Households

ZIP 15227 is home to 29,057 individuals across 12,809 households, reflecting a moderately sized community with a stable residential base. This population size suggests a balance between suburban density and a tight-knit feel, which can be appealing for families or businesses seeking a defined local market. The total number of housing units stands at 13,952, indicating a slight surplus of homes compared to households, which could point to potential availability for new residents or investors looking for properties.

Income & Housing Costs

The median household income in ZIP 15227 is $73,597, positioning the area as a middle-income community with reasonable earning power. This income level supports a comfortable lifestyle for many residents and suggests a market with disposable income for local businesses. On the housing front, the median home value is $175,400, which is relatively affordable compared to national averages, making it an attractive entry point for first-time homebuyers or investors seeking value. For renters, the median rent is $875 per month, offering a cost-effective alternative to homeownership in a market where rental demand may be steady given the household count.

Race & Ethnicity

The demographic makeup of ZIP 15227 shows a predominantly white population at 80.48%, with smaller but notable representation from Black (6.89%), Asian (6.08%), and Hispanic (1.07%) communities. This composition reflects a community with limited diversity but some cultural variety, which could influence local business offerings, community events, or school environments. For businesses or investors, understanding this breakdown can help tailor services or marketing strategies to the majority demographic while addressing the needs of smaller groups.

Key Facts

• Total population: 29,057 residents in 2023, offering a mid-sized community feel.
• Total households: 12,809, indicating a strong residential base.
• Total housing units: 13,952, suggesting some availability for new occupants or investors.
• Median household income: $73,597, reflecting a solid middle-income area.
• Median home value: $175,400, an accessible price point for many buyers.
• Median rent: $875, providing affordable rental options.
• Racial composition: 80.48% White, 6.89% Black, 6.08% Asian, 1.07% Hispanic.

What This Means for You

For homebuyers, ZIP 15227 offers an affordable entry into homeownership with a median home value of $175,400, well-suited for first-time buyers or those looking to downsize. The slight surplus of housing units (13,952 vs. 12,809 households) may give you negotiating power in a less competitive market. Investors and real estate agents can find value in this area’s reasonable home prices and potential rental demand, with median rents at $875 providing a viable income stream for landlords. The stable population and household income suggest long-term tenancy potential. For small-business owners, the middle-income demographic and population size create a reliable customer base, especially for essential services or family-oriented businesses. Finally, analysts can use this data to benchmark ZIP 15227 against neighboring areas, identifying trends in housing affordability or demographic shifts that could impact future growth.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 15227? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business venture.