ZIP 19047 - 860Z200US19047 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 19047, located in Bucks County, Pennsylvania, understanding the area’s demographic and housing landscape is essential. This snapshot provides a detailed look at the latest 2023 data, offering insights into population, income, housing costs, and racial composition. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these metrics can help you make informed decisions about this vibrant community.

Population & Households

ZIP 19047 is home to a population of 34,182 residents, making it a moderately sized community with a strong residential base. This area supports 12,822 households, reflecting a mix of families, singles, and retirees. With 13,150 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking for rental opportunities. These figures suggest a stable community with room for growth, ideal for those seeking a suburban environment with access to nearby urban centers like Philadelphia.

Income & Housing Costs

One of the standout metrics for ZIP 19047 is its median household income of $110,395, which points to a relatively affluent population. This income level supports a robust local economy, beneficial for small businesses and service providers. On the housing front, the median home value stands at $441,200, reflecting a competitive real estate market that could appeal to buyers seeking long-term value or investors eyeing appreciation. For renters, the median rent is $1,770 per month, indicating a premium rental market that aligns with the area’s higher income and property values. These numbers highlight ZIP 19047 as a desirable location for those with the financial capacity to invest in a higher-cost housing market.

Race & Ethnicity

The demographic makeup of ZIP 19047 offers a glimpse into its cultural diversity. The population is predominantly White at 81.98%, with smaller but notable percentages of Black (4.55%), Asian (3.67%), and Hispanic (3.86%) residents. This composition suggests a primarily homogeneous community with pockets of diversity, which may influence local culture, schools, and business offerings. For businesses, understanding this mix can help tailor products or services to the majority demographic while also addressing the needs of smaller, growing communities within the area.

Key Facts

• Total population: 34,182 residents in ZIP 19047 as of 2023.
• Total households: 12,822, supporting a mix of family and individual living arrangements.
• Total housing units: 13,150, with a small surplus over occupied homes.
• Median household income: $110,395, indicating a strong economic base.
• Median home value: $441,200, reflecting a high-value real estate market.
• Median rent: $1,770 per month, aligning with the area’s upscale housing profile.
• Racial composition: 81.98% White, 4.55% Black, 3.67% Asian, 3.86% Hispanic.

What This Means for You

For homebuyers, ZIP 19047 offers a stable, affluent community with median home values at $441,200, suggesting a solid investment for those who can afford the entry price. The slight surplus of housing units (13,150 total vs. 12,822 households) may provide some negotiating room, though competition could still be stiff given the area’s desirability. Real estate investors and agents will find opportunities in both sales and rentals, as the $1,770 median rent indicates strong demand for leased properties, potentially yielding good returns. Small-business owners can leverage the high median income of $110,395 to target premium products or services, while also considering the cultural needs of a predominantly White population with emerging diversity. Analysts can use these metrics to benchmark ZIP 19047 against neighboring areas, identifying trends in income growth or housing demand. Overall, this ZIP code presents a promising landscape for those ready to engage with a well-established community.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 19047? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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