ZIP 19064 - 860Z200US19064 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 19064 for your next home, investment property, or business location, this demographic and housing snapshot offers a clear picture of the area in 2023. Located in Delaware County, Pennsylvania, this ZIP code covers communities like Springfield and offers a blend of suburban stability and economic opportunity. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, understanding the population, income, and housing trends here can guide your decisions. Let’s break down the latest data to help you see what makes ZIP 19064 unique.

Population & Households

ZIP 19064 is home to a population of 25,137 residents as of 2023. This sizable community is distributed across 8,616 households, reflecting a strong residential base. With 8,839 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate some availability for new residents or investors looking to enter the market. The average household size can be inferred as roughly 2.9 people, suggesting a mix of families and smaller households that contribute to a balanced community dynamic.

Income & Housing Costs

One of the standout metrics for ZIP 19064 is its median household income of $132,230, which points to a relatively affluent area. 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 $389,600, reflecting a competitive real estate market with significant value for homeowners. For renters, the median rent is $1,511 per month, which aligns with the area’s higher income bracket and suggests a rental market geared toward those with stable finances. These figures highlight ZIP 19064 as a place where both owning and renting come with a notable cost, but also potential for long-term value.

Race & Ethnicity

The demographic makeup of ZIP 19064 shows a predominantly White population at 86.96%, with smaller but significant representation from other groups. Black residents account for 2.09%, Asian residents make up 4.87%, and Hispanic or Latino individuals comprise 3.45% of the population. This composition indicates a community with a strong cultural majority but enough diversity to foster a varied social fabric. For businesses and investors, this mix can inform marketing strategies or community engagement efforts, while homebuyers may appreciate the area’s blend of homogeneity and inclusivity.

Key Facts

• Total population in ZIP 19064: 25,137 residents in 2023.
• Total households: 8,616, supporting a stable residential community.
• Total housing units: 8,839, with slight availability over household demand.
• Median household income: $132,230, indicating strong local purchasing power.
• Median home value: $389,600, reflecting a valuable real estate market.
• Median rent: $1,511, catering to a financially secure rental base.
• Racial composition: 86.96% White, 4.87% Asian, 3.45% Hispanic, 2.09% Black.

What This Means for You

For homebuyers, ZIP 19064 offers a stable, affluent community with median home values at $389,600, suggesting a solid investment in a desirable suburban area. The higher median income of $132,230 also means you’re likely to be surrounded by neighbors with financial stability, which can contribute to a well-maintained neighborhood. Real estate investors and agents will find opportunity in the slight surplus of housing units (8,839 vs. 8,616 households), which could translate to available properties or room for development, though the high home values and rents indicate a need for strategic pricing. Small-business owners can leverage the area’s strong income levels to target a customer base with disposable income, particularly for premium goods or services. Analysts studying demographic trends will note the area’s predominantly White population with growing diversity, which could signal evolving community needs over time. Across all groups, ZIP 19064 presents a market with high entry costs but significant potential for return on investment.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 19064? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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