ZIP 19053 - 860Z200US19053 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 19053 for your next home, investment property, or business location, understanding the local demographics and housing landscape is essential. Located in a vibrant suburban area, ZIP 19053 offers a blend of residential stability and economic opportunity. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing costs, and cultural diversity in this region. Whether you're a homebuyer, real estate investor, small-business owner, or data analyst, these insights will help you make informed decisions about this community.

Population & Households

ZIP 19053 is home to a population of 28,000 residents, making it a moderately sized community with a strong suburban feel. The area comprises 10,693 households, reflecting a solid base of families and individuals who call this ZIP code home. With 11,161 total housing units, there’s a slight surplus of properties over households, which could indicate some availability for new residents or investors looking to enter the market. This balance suggests a stable residential environment with potential opportunities for growth or rental demand.

Income & Housing Costs

One of the standout metrics for ZIP 19053 is its median household income of $102,241, which points to a relatively affluent community with strong earning power. This income level supports a robust local economy, making it an attractive spot for businesses catering to middle- and upper-middle-class consumers. On the housing front, the median home value stands at $382,300, reflecting a competitive yet accessible real estate market for suburban areas. For renters, the median rent is $1,401 per month, which aligns with the area’s income levels and suggests a balanced rental market for those not ready to buy. These figures highlight ZIP 19053 as a financially stable area with housing options for various budgets.

Race & Ethnicity

The demographic makeup of ZIP 19053 showcases a predominantly white population at 79.86%, with smaller but significant representation from other groups. Black residents account for 4.55% of the population, while Asian residents make up 7.31%, adding to the cultural diversity of the area. Additionally, 2.67% of the population identifies as Hispanic, contributing to the community’s multicultural fabric. This diversity, while not as pronounced as in urban centers, offers a mix of perspectives and backgrounds, which can enrich community life and appeal to businesses seeking varied customer bases.

Key Facts

• Total population: 28,000 residents, offering a suburban community scale.
• Total households: 10,693, indicating a strong residential base.
• Total housing units: 11,161, suggesting slight availability for new occupants.
• Median household income: $102,241, reflecting economic stability.
• Median home value: $382,300, competitive for suburban markets.
• Median rent: $1,401, reasonable for the income demographic.
• Racial composition: 79.86% white, 7.31% Asian, 4.55% Black, 2.67% Hispanic.

What This Means for You

For homebuyers, ZIP 19053 presents a promising opportunity with median home values at $382,300 and a stable community of 28,000 residents. The area’s median income of over $100,000 suggests neighbors with financial security, often translating to well-maintained properties and good schools. Real estate investors and agents will find value in the slight surplus of housing units over households, hinting at potential for rentals or flips, especially with a median rent of $1,401 that appeals to a wide range of tenants. Small-business owners can leverage the strong median income to target a consumer base with disposable income, while the area’s diversity offers a chance to cater to varied tastes and needs. Analysts can use these metrics as a benchmark for suburban trends, comparing ZIP 19053 to nearby regions for deeper market insights. Across all groups, this ZIP code stands out as a balanced, opportunity-rich location.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 19053? 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 metrics tailored to your needs.
• Use the insights to make data-driven decisions for your home purchase, investment, or business strategy.