ZIP 19114 - 860Z200US19114 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 19114, located in the Philadelphia area, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ve compiled key metrics on population, income, housing, and diversity to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into what makes ZIP 19114 unique and how these insights can guide your next steps.

Population & Households

ZIP 19114 is home to a population of 31,071 residents, making it a moderately sized community with a suburban feel within the broader Philadelphia region. This area supports 14,111 households, reflecting a strong residential base. With 14,703 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate some availability for new residents or investors looking for properties.

Income & Housing Costs

The median household income in ZIP 19114 stands at $76,076, suggesting a stable economic foundation for many families and individuals. This income level positions the area as a comfortable middle-class community, appealing to those seeking affordability without sacrificing quality of life. Housing costs align with this economic profile, with a median home value of $276,400—a reasonable entry point for buyers in the Philadelphia metro area. For renters, the median rent is $1,369 per month, offering a viable alternative for those not ready to purchase or seeking flexibility.

Race & Ethnicity

ZIP 19114 boasts a diverse community, with a racial and ethnic composition that reflects a blend of backgrounds. The majority of residents identify as White, accounting for 68.49% of the population, followed by Black residents at 12.14%. Asian individuals make up 5.27%, while 8.4% of the population identifies as Hispanic. This diversity creates a culturally rich environment, which can be a draw for families, businesses, and investors looking for inclusive communities with varied perspectives and customer bases.

Key Facts

• Total population: 31,071 residents, offering a sizable community for engagement or business reach.
• Total households: 14,111, indicating a strong residential presence.
• Total housing units: 14,703, with a small surplus suggesting potential availability.
• Median household income: $76,076, reflecting economic stability for many residents.
• Median home value: $276,400, an accessible price point for the region.
• Median rent: $1,369, providing a competitive rental market.
• Diversity: 68.49% White, 12.14% Black, 5.27% Asian, and 8.4% Hispanic, showcasing a mixed cultural landscape.

What This Means for You

For homebuyers, ZIP 19114 offers a balanced mix of affordability and community size. With a median home value of $276,400, it’s a feasible option for first-time buyers or those relocating to the Philadelphia area, while the diversity and population size ensure a vibrant neighborhood feel. Real estate investors and agents might find opportunity in the slight surplus of housing units (14,703 vs. 14,111 households), which could signal room for rental properties or flips, especially with a median rent of $1,369 attracting steady demand. Small-business owners can tap into a population of over 31,000 with a solid median income of $76,076, suggesting disposable income for local goods and services—plus, the diverse demographic mix offers a broad customer base. Analysts can use these metrics to benchmark ZIP 19114 against nearby areas, identifying trends in housing affordability or population growth for deeper market studies.

Run This Study Yourself

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