ZIP 15243 - 860Z200US15243 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 15243, located in the Pittsburgh area of Pennsylvania, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ve compiled key metrics on population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into what makes ZIP 15243 unique and how its characteristics can align with your goals.

Population & Households

ZIP 15243 is home to a population of 13,682 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 5,804 households, reflecting a stable residential base. The total number of housing units stands at 6,035, indicating a slight surplus of available homes 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 properties.

Income & Housing Costs

One of the standout features of ZIP 15243 is its strong economic profile. The median household income is $111,426, which is notably higher than many surrounding areas, pointing to a relatively affluent community. This income level supports a robust housing market, with a median house value of $270,700. For renters, the median monthly rent is $1,356, reflecting a premium for living in this desirable location. These figures suggest that ZIP 15243 offers a quality of life that aligns with higher earning potential, making it an attractive spot for families and professionals alike.

Race & Ethnicity

The demographic makeup of ZIP 15243 is predominantly White, with 84.51% of residents identifying as such. Other racial and ethnic groups contribute to the area’s diversity, including Asian residents at 5.86%, Hispanic or Latino individuals at 3.27%, and Black residents at 1.47%. This composition indicates a primarily homogeneous community with pockets of cultural diversity, which could influence local businesses, schools, and community dynamics. For those prioritizing cultural fit or market diversity, these numbers provide a starting point for understanding the social fabric of the area.

Key Facts

• Total population: 13,682 residents in ZIP 15243 as of 2023.
• Total households: 5,804, with an average household size implied by population distribution.
• Total housing units: 6,035, offering a small buffer of unoccupied homes.
• Median household income: $111,426, reflecting strong earning power.
• Median house value: $270,700, indicative of a solid real estate market.
• Median rent: $1,356 per month, aligning with the area’s income levels.
• Racial composition: 84.51% White, 5.86% Asian, 3.27% Hispanic, 1.47% Black.

What This Means for You

For homebuyers, ZIP 15243 presents a compelling option with its higher median income and home values around $270,700, suggesting a stable investment with potential for appreciation. The slight surplus of housing units (6,035 total vs. 5,804 households) could mean less competition for available properties. Real estate investors and agents might find opportunities in the unoccupied units, especially given the area’s affluent demographic and rental rates averaging $1,356 monthly, which could yield strong returns. Small-business owners can leverage the community’s income level of $111,426 median to target premium products or services, while the diversity (notably 5.86% Asian and 3.27% Hispanic) offers niche marketing potential. Analysts will appreciate the clear economic and demographic trends, which point to a low-risk, high-value market for residential and commercial planning. Whether you’re relocating, investing, or launching a venture, ZIP 15243 offers a solid foundation to build on.

Run This Study Yourself

• Curious about other ZIP codes or want updated data for ZIP 15243? Start by visiting ZipcodeGPT to access powerful demographic tools.
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• Use the insights to make data-driven decisions for your home purchase, investment strategy, or business plan.