ZIP 17331 - 860Z200US17331 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 17331, located in south-central Pennsylvania, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 55,000 and a stable housing market, this ZIP code presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, this article breaks down population trends, income levels, housing costs, and racial composition to help you make informed decisions.

Population & Households

ZIP 17331 is home to a population of 55,374 residents as of 2023, making it a moderately sized community with a diverse range of needs and opportunities. These residents are distributed across 22,361 households, reflecting a strong base of families and individuals. The total number of housing units stands at 23,528, indicating a slight surplus of available homes compared to occupied households. This balance suggests potential for growth or investment in the housing market, as well as room for new residents or businesses to establish roots.

Income & Housing Costs

The median household income in ZIP 17331 is $76,661, which points to a relatively comfortable standard of living for many residents. This income level supports a housing market where the median home value is $228,700—a figure that offers affordability compared to many urban centers, yet reflects a stable and desirable area. For renters, the median rent is $1,127 per month, which aligns with the income levels and provides options for those not ready to buy. These metrics suggest that ZIP 17331 strikes a balance between affordability and value, appealing to a wide range of budgets and financial goals.

Race & Ethnicity

The demographic makeup of ZIP 17331 is predominantly White, with 85.93% of the population identifying as such. Hispanic or Latino residents make up 6.83% of the population, while Black or African American residents account for 2.56%, and Asian residents represent 1.17%. This composition reflects a community with a strong majority but also a presence of diversity that can enrich cultural and business landscapes. Understanding these demographics can help businesses tailor their offerings and help residents or investors gauge the community's character.

Key Facts

• Total population: 55,374 residents in 2023, indicating a sizable community.
• Total households: 22,361, supporting a strong residential base.
• Total housing units: 23,528, suggesting availability for new occupants or development.
• Median household income: $76,661, reflecting economic stability for many families.
• Median home value: $228,700, offering a balance of affordability and investment potential.
• Median rent: $1,127, providing reasonable options for non-homeowners.
• Racial composition: 85.93% White, 6.83% Hispanic, 2.56% Black, 1.17% Asian, showing moderate diversity.

What This Means for You

For homebuyers, ZIP 17331 offers a promising mix of affordability and stability. With a median home value of $228,700 and a median income of $76,661, purchasing a home here could be within reach for many, especially compared to pricier nearby markets. The slight surplus of housing units (23,528 total units versus 22,361 households) also means you might have negotiating power or more options to choose from.

For investors and real estate agents, the data points to potential in both rental and sales markets. The median rent of $1,127 suggests a steady demand for rentals, while the home values indicate room for appreciation or development, especially with available housing units. This ZIP code could be a smart target for long-term investment strategies.

For small-business owners, a population of 55,374 and a solid median income provide a reliable customer base. The diversity in the community (notably 6.83% Hispanic) also offers opportunities to cater to varied cultural preferences or niche markets. Positioning your business to meet local needs could yield strong returns.

For analysts, these metrics provide a foundation for deeper research into economic trends, housing demand, or demographic shifts in ZIP 17331. The balance of income, housing costs, and population size makes this area a compelling case study for regional comparisons.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 17331? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, income, and housing insights tailored to your needs.
• Use the detailed reports to inform your next home purchase, investment decision, or business strategy with confidence.