ZIP 17022 - 860Z200US17022 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 17022, understanding the local demographics and housing landscape is essential. Located in a vibrant area, this ZIP code offers a mix of residential stability and economic potential. With a population of over 32,000 and a median household income of nearly $80,000, ZIP 17022 presents a compelling profile for homebuyers, real estate investors, small-business owners, and analysts. This article breaks down the latest 2023 data to help you make informed decisions about living, investing, or operating in this region.

Population & Households

ZIP 17022 is home to a population of 32,066 residents, making it a moderately sized community with a strong residential base. These individuals are distributed across 12,540 households, reflecting a stable and established area. The total number of housing units stands at 12,950, indicating a slight surplus of available homes compared to occupied households. This balance suggests opportunities for potential buyers or renters looking to settle in the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

Financially, ZIP 17022 stands out with a median household income of $79,075, which points to a relatively affluent community with solid purchasing power. For homebuyers and investors, the median house value of $272,700 offers a clear benchmark for property investments. This value reflects a market that is accessible to middle- and upper-middle-income families while still providing room for appreciation. Meanwhile, the median rent of $1,381 per month highlights the cost of living for renters, which aligns with the area’s income levels and suggests a steady demand for rental properties.

Race & Ethnicity

The demographic makeup of ZIP 17022 is predominantly White, with 88.94% of the population identifying as such. Hispanic or Latino residents account for 5.68% of the population, while Black and Asian communities represent smaller shares at 1.23% and 1.17%, respectively. This composition indicates a largely homogeneous community with some diversity, which may influence cultural dynamics, local businesses, and community services. For business owners, understanding this breakdown can help tailor offerings to the majority demographic while exploring niche markets.

Key Facts

• Total population: 32,066 residents in ZIP 17022.
• Total households: 12,540, supporting a stable community base.
• Total housing units: 12,950, with a small surplus of available properties.
• Median household income: $79,075, indicating strong local earning power.
• Median house value: $272,700, a competitive price point for buyers and investors.
• Median rent: $1,381, reflecting a robust rental market.
• Racial composition: 88.94% White, 5.68% Hispanic, 1.23% Black, 1.17% Asian.

What This Means for You

For homebuyers, ZIP 17022 offers a promising market with a median home value of $272,700, which is within reach for many families earning around the area’s median income of $79,075. The slight surplus of housing units could mean less competition when searching for a home. Real estate investors and agents will find potential in both the purchase and rental markets, as the median rent of $1,381 suggests consistent demand from tenants, while home values provide a solid foundation for long-term growth. Small-business owners can leverage the area’s relatively high income levels to target a customer base with disposable income, particularly by aligning products or services with the needs of the predominantly White demographic while exploring opportunities to serve smaller, diverse groups. Analysts can use this data to assess economic trends, housing affordability, and community stability in ZIP 17022, providing deeper insights for clients or stakeholders.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 17022? 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 costs, and more, tailored to your needs.
• Use the insights to make informed decisions, whether you’re buying a home, investing in property, or planning a business venture.