ZIP 19132 - 860Z200US19132 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 19132, located in Philadelphia, Pennsylvania, this demographic and housing snapshot offers a clear picture of the area. With data from 2023, we’ll break down population trends, household dynamics, income levels, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights provide a foundation for understanding the community and its potential.

Population & Households

ZIP 19132 is home to a population of 31,627 residents, making it a moderately sized urban community. This area supports 13,930 households, reflecting a diverse mix of family structures and living arrangements. With 17,402 total housing units, there’s a notable gap between available units and occupied households, which could indicate vacant properties or opportunities for redevelopment. For those eyeing residential or commercial prospects, this balance of population density and housing availability is a critical starting point.

Income & Housing Costs

The median household income in ZIP 19132 stands at $30,974, which is relatively low compared to national averages. This figure suggests that affordability is a key concern for many residents, influencing both housing demand and local business viability. On the housing front, the median home value is $73,000, presenting a lower entry point for buyers or investors compared to many other urban markets. Meanwhile, the median rent is $1,055 per month, which may strain budgets for some households given the income levels. These metrics highlight both challenges and opportunities for affordable housing initiatives or budget-conscious investments.

Race & Ethnicity

The racial and ethnic composition of ZIP 19132 is predominantly African American, with 87.64% of residents identifying as Black. Other groups include White residents at 2.74%, Hispanic or Latino at 4.81%, and Asian at 1.12%. This demographic makeup reflects a strong cultural identity and community cohesion, which can be a significant draw for businesses or services catering to specific cultural needs. Understanding this diversity is essential for tailoring real estate offerings, marketing strategies, or community engagement efforts to resonate with the local population.

Key Facts

• Total population: 31,627 residents, indicating a sizable urban community.
• Total households: 13,930, showing a mix of family and individual living arrangements.
• Total housing units: 17,402, with potential vacancies or redevelopment opportunities.
• Median household income: $30,974, reflecting affordability challenges for many.
• Median home value: $73,000, a relatively low entry point for buyers and investors.
• Median rent: $1,055, a significant expense relative to local income levels.
• Racial composition: 87.64% Black, 4.81% Hispanic, 2.74% White, 1.12% Asian.

What This Means for You

For homebuyers, ZIP 19132 offers an affordable entry into homeownership with a median home value of $73,000. However, consider the lower median income and higher relative rent costs when assessing long-term affordability and neighborhood stability. For investors and real estate agents, the gap between total housing units and occupied households suggests potential for flipping properties or developing rental units, especially in an area with lower purchase prices. Be mindful of income constraints that may limit rental yields. For small-business owners, the demographic profile and income levels point to a need for budget-friendly products or services, while the strong cultural identity offers a chance to build loyal customer bases through targeted offerings. For analysts, these metrics provide a baseline for deeper studies into economic development, housing policy, or community needs in ZIP 19132.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 19132? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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