ZIP 17408 - 860Z200US17408 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 17408 for your next home, investment property, or business location, understanding the area’s demographic and housing landscape is essential. Located in Pennsylvania, this ZIP code offers a blend of suburban appeal and economic opportunity. With data from 2023, this snapshot provides a clear picture of population trends, income levels, housing costs, and diversity metrics. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can guide your decisions with confidence.

Population & Households

In 2023, ZIP 17408 is home to a population of 24,670 residents. This sizable community is distributed across 10,060 households, indicating a stable residential base. The total number of housing units stands at 10,294, suggesting a slight surplus of available homes relative to occupied households. This balance could mean opportunities for buyers or renters looking to move into the area, as well as potential inventory for investors to consider.

Income & Housing Costs

Financial metrics in ZIP 17408 paint a picture of economic stability. The median household income is $87,044, reflecting a comfortable earning capacity for many families and individuals. This income level supports a robust housing market, with the median house value at $240,000. For those considering renting, the median rent is $1,539 per month, which aligns with the area’s income profile but may require careful budgeting for some households. These figures suggest that ZIP 17408 is a market where affordability and value intersect, appealing to a range of budgets.

Race & Ethnicity

The demographic makeup of ZIP 17408 offers a glimpse into its cultural diversity. The population is predominantly White at 77.72%, with smaller but notable percentages of Black (5.44%), Asian (4.29%), and Hispanic (7.8%) residents. This composition indicates a primarily homogeneous community with emerging diversity, which could influence local businesses, schools, and community services. For business owners, this mix may present opportunities to cater to specific cultural needs or preferences, while homebuyers might appreciate the evolving community dynamics.

Key Facts

• Total population in ZIP 17408: 24,670 residents in 2023.
• Total households: 10,060, supporting a strong residential foundation.
• Total housing units: 10,294, indicating potential availability for new residents or investors.
• Median household income: $87,044, suggesting economic stability.
• Median house value: $240,000, a competitive price point for the region.
• Median rent: $1,539, reflecting a moderate rental market.
• Racial composition: 77.72% White, 5.44% Black, 4.29% Asian, 7.8% Hispanic.

What This Means for You

For homebuyers, ZIP 17408 offers a promising mix of affordability and community size. With a median home value of $240,000 and a slight surplus of housing units, you may find options that fit your budget and lifestyle. The median income of $87,044 also suggests neighbors with stable financial footing, often correlating with well-maintained properties and amenities.

For investors and real estate agents, the data points to potential. The gap between total housing units (10,294) and households (10,060) hints at vacant properties or room for growth, possibly ideal for rental investments or flips. The median rent of $1,539 could yield solid returns, especially given the area’s income levels.

For small-business owners, the population of 24,670 and diverse demographic profile provide a sizable customer base. The income levels suggest disposable income for goods and services, while the cultural mix could inspire niche offerings tailored to specific groups within the community.

For analysts, these metrics offer a baseline for deeper research into housing trends, economic forecasts, or community planning in ZIP 17408. The balance of income, housing costs, and diversity provides a foundation for modeling future growth or identifying market gaps.

Run This Study Yourself

• Curious about other ZIP codes or want updated data for ZIP 17408? Start by visiting ZipcodeGPT to access powerful demographic and housing analysis tools.
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• Use the insights to make informed decisions, from buying a home to launching a local venture, with data you can trust.