ZIP 19134 - 860Z200US19134 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 19134, located in Philadelphia, Pennsylvania, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 56,000 and a diverse community, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living, working, or investing here.

Population & Households

ZIP 19134 is home to 56,750 residents, making it a densely populated urban area with a vibrant community. These individuals are distributed across 21,813 households, reflecting a mix of family structures and living arrangements. With 25,290 total housing units in the area, there’s a notable gap between available units and occupied households, which could indicate vacant properties or opportunities for growth. For those looking to understand the community’s scale, this population size suggests a lively, active neighborhood with a strong local presence.

Income & Housing Costs

The median household income in ZIP 19134 stands at $41,849, which is below the national average but reflective of many urban working-class neighborhoods. This income level shapes affordability for residents and influences the local housing market. The median house value is $127,500, offering a relatively accessible entry point for homebuyers compared to higher-priced areas in Philadelphia. For renters, the median rent is $1,179 per month, which aligns with the income levels but may strain budgets for some households. These figures highlight a market where affordability is a key factor for both buyers and renters.

Race & Ethnicity

ZIP 19134 boasts a richly diverse population, with a racial and ethnic composition that reflects a multicultural community. Hispanics make up the largest group at 51.71%, followed by White residents at 29.06%, Black residents at 13.38%, and Asian residents at 1.16%. This diversity shapes the cultural fabric of the area, influencing local businesses, schools, and community events. For investors and business owners, this mix presents opportunities to cater to varied cultural needs and preferences, while homebuyers may appreciate the inclusive, dynamic environment.

Key Facts

• Total population: 56,750 residents, indicating a sizable urban community.
• Total households: 21,813, showing a mix of family and individual living arrangements.
• Total housing units: 25,290, with potential vacancies or room for development.
• Median household income: $41,849, reflecting a working-class economic base.
• Median house value: $127,500, an affordable option for many buyers.
• Median rent: $1,179, a significant cost for lower-income households.
• Diversity: Over 50% Hispanic, with significant White and Black populations.

What This Means for You

For homebuyers, ZIP 19134 offers an affordable entry into homeownership with a median house value of $127,500. However, with a median income of $41,849, budgeting for additional costs like property taxes and maintenance is crucial. The area’s diversity and population density suggest a vibrant community, ideal for those seeking a culturally rich neighborhood.

For real estate investors and agents, the gap between total housing units (25,290) and occupied households (21,813) could point to opportunities for flipping properties or developing rentals. The median rent of $1,179 indicates a steady rental market, though income levels suggest tenants may prioritize affordability over luxury.

For small-business owners, the diverse population of 56,750 offers a broad customer base. Tailoring products or services to the Hispanic majority (51.71%) or other cultural groups could drive success. The income data suggests focusing on value-driven offerings to match local purchasing power.

For analysts, these metrics provide a foundation for deeper studies on urban trends, housing affordability, and demographic shifts in ZIP 19134. The data reflects broader patterns in working-class urban areas, useful for comparative research.

Run This Study Yourself

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