ZIP 15701 - 860Z200US15701 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 15701 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in Indiana County, Pennsylvania, this area offers a mix of suburban and small-town vibes. With a population of over 31,000 and a median household income of $56,538, ZIP 15701 presents a stable community with accessible housing options. This article breaks down key metrics from 2023 data to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions.

Population & Households

ZIP 15701 is home to 31,236 residents, making it a moderately sized community ideal for those seeking a balance between urban amenities and quieter living. The area supports 13,245 households, reflecting a strong base of families and individuals. With 15,695 total housing units, there’s a notable supply of homes, though not all are occupied, suggesting potential availability for buyers or renters. This population size and household density indicate a community large enough to sustain local businesses while maintaining a close-knit feel.

Income & Housing Costs

The median household income in ZIP 15701 stands at $56,538, which aligns with many middle-income areas in Pennsylvania. This income level supports a comfortable lifestyle for many residents and provides a reliable customer base for small businesses. On the housing front, the median home value is $175,100, offering an affordable entry point for first-time buyers or investors looking for properties below the national average. For renters, the median rent of $799 per month is relatively budget-friendly, making this ZIP code attractive to a wide range of income brackets. These figures suggest a market with room for growth without the sticker shock of larger metropolitan areas.

Race & Ethnicity

The demographic makeup of ZIP 15701 is predominantly White, accounting for 89.34% of the population. Black residents make up 3.87%, while Asian and Hispanic populations are smaller at 1.52% and 1.86%, respectively. This composition reflects a largely homogeneous community, which may influence cultural offerings and community dynamics. For businesses or investors, understanding this breakdown can help tailor services or marketing strategies to the majority demographic while also identifying opportunities to serve underrepresented groups.

Key Facts

• Total population: 31,236 residents in 2023.
• Total households: 13,245, indicating a strong residential base.
• Total housing units: 15,695, with some likely vacant or available.
• Median household income: $56,538, supporting a middle-income lifestyle.
• Median home value: $175,100, an accessible price for many buyers.
• Median rent: $799, offering affordable rental options.
• Racial composition: 89.34% White, 3.87% Black, 1.52% Asian, 1.86% Hispanic.

What This Means for You

For homebuyers, ZIP 15701 offers a promising opportunity to purchase a home at a median value of $175,100, well within reach for many budgets. The affordable rent of $799 also makes this area viable for those not ready to buy. Real estate investors and agents can capitalize on the surplus of housing units (15,695 total) compared to households (13,245), which may indicate vacant properties or rental potential. The stable population and income levels suggest consistent demand for housing. Small-business owners will find a sizable customer base of over 31,000 residents with disposable income to support local goods and services, especially in sectors catering to families and middle-income households. Analysts can use these metrics to benchmark ZIP 15701 against neighboring areas, identifying trends in affordability and demographic shifts. Overall, this ZIP code presents a balanced market with opportunities across multiple sectors.

Run This Study Yourself

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