ZIP 16066 - 860Z200US16066 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 16066, understanding the area’s demographic and housing landscape is essential. Located in a vibrant community, this ZIP code offers a blend of suburban appeal and economic strength. With data from 2023, this snapshot provides a clear picture of population trends, income levels, housing costs, and cultural diversity. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about ZIP 16066.

Population & Households

ZIP 16066 is home to a population of 33,543 residents, making it a moderately sized community with room for growth and engagement. These individuals are distributed across 13,753 households, reflecting a strong residential base. The total number of housing units stands at 14,359, 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

One of the standout features of ZIP 16066 is its robust economic profile. The median household income here is $125,390, a figure that points to a relatively affluent community with significant purchasing power. For homebuyers and businesses, this income level signals a market where residents can afford quality housing and services. On the housing front, the median home value is $395,900, reflecting a competitive yet accessible real estate market for a high-income area. For renters, the median rent is $1,619 per month, which aligns with the area’s cost of living and offers a viable alternative to homeownership.

Race & Ethnicity

The demographic makeup of ZIP 16066 provides insight into the community’s cultural fabric. The population is predominantly White, accounting for 90.16% of residents. Other groups include Asian at 3.71%, Hispanic at 1.84%, and Black at 1.34%. This composition suggests a largely homogeneous community with smaller, yet notable, pockets of diversity. For businesses and investors, understanding this breakdown can help tailor services, marketing, or development projects to resonate with the majority while also addressing the needs of minority groups.

Key Facts

• Total population in ZIP 16066: 33,543 residents.
• Total households: 13,753, supporting a strong residential foundation.
• Total housing units: 14,359, with a slight surplus of available properties.
• Median household income: $125,390, indicating significant economic strength.
• Median home value: $395,900, reflecting a competitive real estate market.
• Median rent: $1,619, offering a reasonable rental option.
• Racial composition: 90.16% White, 3.71% Asian, 1.84% Hispanic, 1.34% Black.

What This Means for You

For homebuyers, ZIP 16066 presents a promising opportunity to invest in a community with high median incomes and home values that suggest long-term appreciation potential. The slight surplus of housing units could mean less competition for properties, giving you an edge in negotiations. Real estate investors and agents will find value in the area’s economic stability and income levels, which support demand for both rental and purchase properties. The median rent of $1,619 also indicates a healthy rental market for those focusing on income-generating assets.

Small-business owners can leverage the area’s affluent demographic, with a median household income of $125,390 signaling disposable income for goods and services. Tailoring offerings to the predominantly White population while being inclusive of smaller diverse groups can maximize market reach. Analysts studying ZIP 16066 will appreciate the clear data points on population, housing, and income, which provide a solid foundation for deeper market or social research. Overall, this ZIP code offers a stable, prosperous environment for a variety of stakeholders.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 16066? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, housing, and income metrics tailored to your needs.
• Use the insights to inform your next home purchase, investment decision, or business strategy with confidence.