ZIP 19104 - 860Z200US19104 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 19104, understanding the area’s demographic and housing landscape is essential. Located in the heart of Philadelphia, this ZIP code offers a unique blend of urban energy and diverse community dynamics. With data from 2023, this snapshot provides a clear picture of 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 19104 distinct.

Population & Households

ZIP 19104 is home to a substantial population of 54,454 residents, making it a bustling urban hub. This population is distributed across 19,948 households, reflecting a mix of family units, students, and professionals likely drawn to the area’s proximity to universities and city amenities. The total number of housing units stands at 23,888, indicating a slight surplus of available properties compared to occupied households. This gap could signal opportunities for renters or investors looking to fill vacant units in a high-demand area.

Income & Housing Costs

The median household income in ZIP 19104 is $39,526, which suggests a community with a range of economic backgrounds, potentially including students and early-career professionals alongside more established residents. Housing costs paint a picture of relative affordability within an urban context. The median house value is $268,200, which may appeal to first-time buyers or investors seeking properties in a growing market. For renters, the median rent of $1,329 per month reflects a moderate cost of living compared to other Philadelphia ZIP codes, offering a viable option for those not ready to buy.

Race & Ethnicity

ZIP 19104 stands out for its diverse population, fostering a vibrant cultural tapestry. The racial composition breaks down as follows: 36.97% White, 36.86% Black, 15.12% Asian, and 4.79% Hispanic, with the remainder comprising other or mixed-race groups. This near-even split between White and Black residents, alongside a significant Asian population, highlights the area’s inclusivity and potential for cross-cultural engagement. For businesses and investors, this diversity can translate into a broad customer base and a dynamic community atmosphere.

Key Facts

• Total population: 54,454 residents, indicating a lively urban area.
• Total households: 19,948, supporting a mix of living arrangements.
• Total housing units: 23,888, with some vacancy for potential occupancy.
• Median household income: $39,526, reflecting economic diversity.
• Median house value: $268,200, accessible for an urban market.
• Median rent: $1,329, a moderate cost for city living.
• Racial diversity: Near-equal White (36.97%) and Black (36.86%) populations, with notable Asian (15.12%) representation.

What This Means for You

For homebuyers, ZIP 19104 offers a chance to enter the housing market at a median value of $268,200, which is competitive for an urban Philadelphia location. The diversity and population density suggest a lively neighborhood with access to cultural and social amenities. Investors and real estate agents should note the surplus of housing units (23,888 total versus 19,948 households), which could indicate rental or flip opportunities, especially with a median rent of $1,329 attracting a steady tenant pool. Small-business owners can benefit from the area’s 54,454 residents and diverse demographic makeup, providing a wide audience for goods and services—think cafes, retail, or culturally tailored offerings. Analysts will find the balanced racial composition and income levels useful for market segmentation and trend studies. Across all groups, ZIP 19104 presents a dynamic, opportunity-rich environment grounded in its urban setting and community diversity.

Run This Study Yourself

Want to explore ZIP 19104 or another area in greater depth? Follow these simple steps to get tailored insights:

• Visit ZipcodeGPT to access powerful demographic and housing analysis tools.
• Enter any ZIP code to generate a detailed report with the latest data.
• Use the insights to guide your homebuying, investment, or business decisions with confidence.