ZIP 19111 - 860Z200US19111 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 19111 for your next home, investment, or business venture, this detailed snapshot offers a clear picture of the area’s demographics and housing landscape. Located in Philadelphia, Pennsylvania, ZIP 19111 is a vibrant community with a sizable population and a diverse cultural makeup. Using the latest 2023 data, we’ll break down key metrics like population, income, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, these insights will guide your next steps in this dynamic area.

Population & Households

ZIP 19111 is home to a robust population of 65,821 residents, making it a densely populated urban area with a strong community presence. This population is distributed across 25,851 households, reflecting a mix of family units, singles, and shared living arrangements. With 27,518 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. This balance suggests a stable residential environment with opportunities for growth.

Income & Housing Costs

The median household income in ZIP 19111 stands at $60,441, positioning it as a middle-income area where residents have a moderate level of purchasing power. For homebuyers and investors, the median house value of $244,000 offers a relatively accessible entry point compared to higher-priced urban markets, while still holding potential for appreciation in a growing city like Philadelphia. Renters, on the other hand, face a median rent of $1,221 per month, which aligns with the income levels and suggests a balanced rental market for both tenants and landlords. These figures provide a solid foundation for understanding affordability and investment potential in this ZIP code.

Race & Ethnicity

ZIP 19111 stands out for its diverse population, reflecting a rich cultural tapestry that can appeal to a wide range of residents and businesses. The racial composition breaks down as follows: 38.31% White, 23.43% Black, 11.72% Asian, and 21.52% Hispanic. This diversity fosters a multicultural environment, which can be a significant draw for families seeking inclusive communities, businesses targeting varied customer bases, or investors looking for areas with broad appeal. Understanding this demographic mix is key to tailoring your approach, whether you’re opening a shop or buying a home.

Key Facts

• Total population: 65,821 residents, indicating a sizable urban community.
• Total households: 25,851, showing a strong base of local families and individuals.
• Total housing units: 27,518, suggesting some availability for new occupants or investors.
• Median household income: $60,441, reflecting a middle-income economic profile.
• Median house value: $244,000, offering a moderate entry point for homebuyers.
• Median rent: $1,221, aligning with income levels for a balanced rental market.
• Diverse demographics: 38.31% White, 23.43% Black, 11.72% Asian, 21.52% Hispanic.

What This Means for You

For homebuyers, ZIP 19111 presents an opportunity to purchase at a median value of $244,000, which is reasonable for an urban area with access to Philadelphia’s amenities. The diverse community also means a welcoming environment for families of all backgrounds. Real estate investors and agents can leverage the slight surplus of housing units (27,518 vs. 25,851 households) to find potential deals, while the median income of $60,441 suggests tenants and buyers with stable financial footing. Small-business owners will appreciate the large population of 65,821 and the cultural diversity, which can translate into a broad customer base for products and services tailored to varied tastes. Analysts can use these metrics as a benchmark to compare ZIP 19111 with neighboring areas or track trends over time. Whatever your goal, this data equips you to act with confidence.

Run This Study Yourself

• Curious about diving deeper into ZIP 19111 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access detailed reports on population, housing, income, and more, tailored to your needs.
• Use the insights to make data-driven decisions for your home purchase, investment, or business strategy.