ZIP 17111 - 860Z200US17111 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 17111 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of the area in 2023. Located in Pennsylvania, ZIP 17111 encompasses a vibrant community with a mix of residential and economic opportunities. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, understanding the population, income, housing costs, and cultural diversity here can guide your decisions. Let’s break down the latest data to help you see what makes this area unique and whether it aligns with your goals.

Population & Households

ZIP 17111 is home to a population of 35,818 residents as of 2023, making it a moderately sized community with a substantial base for local businesses and services. These residents are distributed across 14,432 households, reflecting a mix of family and individual living arrangements. With 14,880 total housing units in the area, there’s a small buffer of available properties, which could indicate a stable housing market with room for growth or turnover. This balance suggests that ZIP 17111 offers opportunities for both new residents and investors looking to enter a community with established roots.

Income & Housing Costs

The median household income in ZIP 17111 stands at $84,314, positioning it as a relatively affluent area compared to national averages. This income level supports a comfortable standard of living and indicates a community with disposable income for local goods and services. On the housing front, the median home value is $225,500, offering a reasonable entry point for buyers in a market that balances affordability with value appreciation potential. For renters, the median rent is $1,309 per month, reflecting a rental market that caters to a range of budgets but leans toward mid-tier pricing. These figures suggest ZIP 17111 is a practical choice for those seeking a blend of cost and quality in housing.

Race & Ethnicity

ZIP 17111 boasts a diverse population, which adds to its cultural richness and appeal for a wide range of residents and businesses. The racial composition breaks down as follows: 53.17% White, 21.51% Black, 12.79% Asian, and 8.42% Hispanic. This diversity creates a dynamic community environment, fostering inclusivity and offering unique opportunities for businesses to cater to varied cultural needs. For investors and entrepreneurs, this mix can translate into a broader customer base and a chance to engage with a multifaceted market.

Key Facts

• Total population: 35,818 residents in ZIP 17111 as of 2023.
• Total households: 14,432, indicating a strong residential base.
• Total housing units: 14,880, with slight availability for new occupants.
• Median household income: $84,314, reflecting economic stability.
• Median home value: $225,500, a balanced price point for buyers.
• Median rent: $1,309, catering to a mid-range rental market.
• Diverse demographics: 53.17% White, 21.51% Black, 12.79% Asian, 8.42% Hispanic.

What This Means for You

For homebuyers, ZIP 17111 offers a promising mix of affordability and community vibrancy. With a median home value of $225,500 and a median income of $84,314, you’re looking at a market where homeownership is within reach for many, supported by solid earning potential. The diversity of the area also means a welcoming environment for families of varied backgrounds. Real estate investors and agents will find value in the slight surplus of housing units (14,880 total versus 14,432 households), which hints at opportunities for rentals or flips, especially with a median rent of $1,309 attracting steady demand. Small-business owners can leverage the diverse population of 35,818 and their purchasing power to tap into niche markets or offer inclusive services. Analysts can use these metrics as a baseline to track trends in housing and demographic shifts, ensuring data-driven strategies for clients or personal projects.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 17111? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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