ZIP 19115 - 860Z200US19115 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 19115 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in Philadelphia, Pennsylvania, this area offers a blend of suburban charm and urban accessibility. With a population of over 34,000 and a diverse community, ZIP 19115 presents unique opportunities for homebuyers, real estate investors, agents, small-business owners, and analysts. This snapshot, based on 2023 data, breaks down key metrics to help you make informed decisions about living, investing, or operating in this neighborhood.

Population & Households

ZIP 19115 is home to 34,737 residents, making it a moderately sized community within the Philadelphia area. These individuals are distributed across 14,665 households, reflecting a mix of family and individual living arrangements. With 15,071 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking to enter the market. This balance between population and housing suggests a stable community with room for growth or turnover, appealing to those seeking a settled yet dynamic area.

Income & Housing Costs

The median household income in ZIP 19115 stands at $70,388, positioning it as a middle-income area with reasonable earning potential for residents. For homebuyers and investors, the median house value of $330,500 reflects a solid real estate market—affordable compared to pricier urban centers, yet indicative of value appreciation potential. Renters, on the other hand, face a median rent of $1,230 per month, which aligns with the income levels and suggests a balanced rental market. These figures highlight ZIP 19115 as a financially accessible area for a range of budgets, whether you’re buying, renting, or investing.

Race & Ethnicity

ZIP 19115 boasts a diverse population, which adds cultural richness and broad appeal for residents and businesses alike. The racial composition breaks down as follows: 61.54% White, 8.77% Black, 20.21% Asian, and 6.4% Hispanic. This diversity can be a draw for small-business owners looking to cater to varied customer bases or for families seeking an inclusive community. It also signals a neighborhood that embraces multiculturalism, which could influence everything from local events to dining options and community engagement opportunities.

Key Facts

• Total population: 34,737 residents in 2023, offering a sizable community for engagement or business reach.
• Total households: 14,665, indicating a mix of family and individual living setups.
• Total housing units: 15,071, suggesting potential availability for new occupants or investors.
• Median household income: $70,388, reflecting a stable middle-income area.
• Median house value: $330,500, a competitive price point for Philadelphia-area real estate.
• Median rent: $1,230, aligning with local income levels for renters.
• Diverse demographics: 61.54% White, 20.21% Asian, 8.77% Black, and 6.4% Hispanic, fostering a multicultural environment.

What This Means for You

For homebuyers, ZIP 19115 offers a compelling mix of affordability and value with a median home price of $330,500—ideal for first-time buyers or those looking to upgrade in a stable market. The slight surplus of housing units (15,071 vs. 14,665 households) may provide negotiating leverage or more options to choose from. Investors and agents can see potential in this area’s diversity and income stability, which support consistent demand for both rentals (at $1,230 median rent) and purchases. The numbers suggest a market with room for growth without the volatility of over-saturated areas. For small-business owners, the diverse population of 34,737 and cultural mix create a broad customer base—perfect for businesses like restaurants, retail, or services that thrive on varied needs. Finally, analysts can use these metrics to benchmark ZIP 19115 against neighboring areas, identifying trends in housing availability or demographic shifts for deeper market studies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 19115? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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