ZIP 19020 - 860Z200US19020 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP 19020 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a blend of suburban appeal and diverse community characteristics. This 2023 snapshot provides a clear, data-driven look at population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the numbers and uncover what makes ZIP 19020 unique.

Population & Households

ZIP 19020 is home to a substantial population of 57,079 residents as of 2023. This sizable community is distributed across 22,838 households, reflecting a strong residential base. With 23,471 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate opportunities for growth or availability for new residents. This balance suggests a stable community with room for potential expansion, whether you’re looking to settle down or invest in property.

Income & Housing Costs

Financial metrics are critical when evaluating any area, and ZIP 19020 presents a solid economic profile. The median household income stands at $80,158, indicating a relatively comfortable earning capacity for many residents. This income level supports a housing market where the median house value is $344,400—a figure that reflects a competitive yet accessible market for buyers and investors. For renters, the median rent is $1,549 per month, which aligns with the area’s income levels and suggests a balanced rental market. These numbers provide a foundation for understanding affordability and investment potential in this ZIP code.

Race & Ethnicity

Diversity is a defining feature of ZIP 19020, with a racial and ethnic composition that enriches the community. The population is 63.29% White, 13.43% Hispanic, 13.23% Asian, and 6.77% Black, showcasing a multicultural environment. This mix can be a significant draw for families seeking inclusive neighborhoods, businesses aiming to serve varied customer bases, or investors looking for vibrant, dynamic markets. Understanding this diversity helps tailor decisions to the community’s unique cultural fabric.

Key Facts

• Total population: 57,079 residents, offering a robust community size.
• Total households: 22,838, indicating a strong residential presence.
• Total housing units: 23,471, suggesting slight availability for new occupants.
• Median household income: $80,158, reflecting solid earning potential.
• Median house value: $344,400, positioning this as a competitive housing market.
• Median rent: $1,549, aligning with local income levels for renters.
• Racial diversity: 63.29% White, 13.43% Hispanic, 13.23% Asian, 6.77% Black.

What This Means for You

For homebuyers, ZIP 19020 offers a promising mix of affordability and value with a median house price of $344,400 and a median income that supports a comfortable lifestyle. The slight surplus of housing units could mean less competition for available homes, giving you an edge in negotiations. Real estate investors and agents will find potential in this stable market, where income levels support both home purchases and rentals—consider targeting first-time buyers or growing families. Small-business owners can leverage the area’s diversity and population size to tap into a broad customer base; a median rent of $1,549 also suggests reasonable costs for commercial spaces. Analysts can use these metrics to benchmark ZIP 19020 against nearby areas, identifying trends in housing demand or demographic shifts. Across all groups, the data points to a balanced, opportunity-rich environment worth exploring further.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 19020? Start by visiting ZipcodeGPT for a user-friendly platform to access detailed demographic and housing data.
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