ZIP 16101 - 860Z200US16101 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 16101 for a home purchase, real estate investment, or business opportunity, understanding the area’s demographic and housing landscape is essential. Located in a region with a diverse community and affordable housing options, this area offers unique advantages for homebuyers, investors, agents, small-business owners, and analysts. Using the latest 2023 data, this snapshot provides a clear, data-driven look at population, income, housing costs, and racial composition in ZIP 16101. Let’s dive into the numbers to help you make informed decisions.

Population & Households

ZIP 16101 is home to a population of 30,960 residents, making it a moderately sized community with a stable residential base. This population is distributed across 13,177 households, reflecting a mix of family and individual living arrangements. With 14,755 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could indicate opportunities for buyers or investors looking for properties in a less competitive market.

Income & Housing Costs

The median household income in ZIP 16101 stands at $50,481, positioning it as a community with moderate earning power. This income level suggests a working-class or middle-income demographic, which can be a strong indicator of consistent demand for affordable housing and local services. On the housing front, the median home value is $109,600, offering a relatively low entry point for homebuyers compared to national averages. For renters, the median rent is $706 per month, making this area an accessible option for those not ready to buy. These figures highlight ZIP 16101 as a cost-effective location for both living and investing.

Race & Ethnicity

The racial and ethnic composition of ZIP 16101 provides insight into the community’s diversity. The majority of residents identify as White, accounting for 82.13% of the population. Black residents make up 7.29%, while Hispanic or Latino individuals represent 3.36%. Asian residents comprise a smaller portion at 0.21%. This predominantly White community with notable minority representation suggests a cultural blend that could influence local businesses, schools, and community services. Understanding this mix can help tailor business offerings or marketing strategies to the area’s demographic profile.

Key Facts

• Total population: 30,960 residents in ZIP 16101 as of 2023.
• Total households: 13,177, indicating a solid residential base.
• Total housing units: 14,755, with some vacancy potential for buyers or investors.
• Median household income: $50,481, reflecting a moderate-income community.
• Median home value: $109,600, an affordable entry point for homeownership.
• Median rent: $706, offering cost-effective rental options.
• Racial composition: 82.13% White, 7.29% Black, 3.36% Hispanic, 0.21% Asian.

What This Means for You

For homebuyers, ZIP 16101 presents an affordable opportunity with a median home value of $109,600 and reasonable rental costs at $706 monthly. The slight surplus of housing units suggests you might face less competition when searching for a property. For investors and real estate agents, the combination of moderate incomes and low home prices could signal potential for rental properties or fixer-upper investments, especially given the vacancy buffer in housing units. Small-business owners can benefit from a stable population of over 30,000 and a diverse demographic mix, ideal for targeting a broad customer base with essential goods or services. Finally, analysts can use these metrics to benchmark ZIP 16101 against neighboring areas, identifying trends in affordability and growth potential. Whether you’re settling down, investing, or launching a venture, these insights provide a foundation for strategic planning.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 16101? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your needs.
• Use the insights to compare areas, spot opportunities, and make data-driven decisions for your next move or investment.