ZIP 19151 - 860Z200US19151 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 19151 for your next home, investment property, or business location, understanding the local demographics and housing landscape is essential. Located in Philadelphia, Pennsylvania, this area offers a unique blend of community dynamics and economic factors that can influence your decision. This snapshot, based on 2023 data, provides a clear picture of population, income, housing costs, and racial composition in 19151, helping homebuyers, real estate investors, small-business owners, and analysts make informed choices.

Population & Households

ZIP code 19151 is home to a population of 32,938 residents, making it a moderately sized community within the Philadelphia area. These individuals are distributed across 13,203 households, reflecting a mix of family and individual living arrangements. With 15,084 total housing units in the area, there’s a notable presence of both occupied and vacant properties, which could signal opportunities for buyers or investors looking to enter the market. The ratio of households to population suggests an average household size of about 2.5 people, indicating a community with a balance of families and smaller living units.

Income & Housing Costs

The median household income in ZIP 19151 stands at $58,046, which provides a solid economic foundation for many residents. This income level can support a range of lifestyles and is an important metric for businesses assessing local purchasing power. On the housing front, the median home value is $181,200, offering a relatively accessible entry point for homebuyers compared to higher-priced areas in the region. For renters, the median rent is $1,167 per month, reflecting a rental market that caters to a variety of budgets. These figures suggest that 19151 could be a practical choice for those seeking affordability without sacrificing access to urban amenities.

Race & Ethnicity

The demographic makeup of ZIP 19151 is predominantly African American, with 86.77% of the population identifying as Black. White residents account for 7.86%, while Asian and Hispanic populations are smaller, at 0.71% and 1.9%, respectively. This racial composition highlights a community with strong cultural roots and a cohesive identity, which can be a draw for individuals and businesses looking to connect with a specific demographic or tap into local traditions and networks. Understanding this diversity is key for tailoring services, marketing strategies, or community engagement efforts in the area.

Key Facts

• Total population: 32,938 residents in ZIP 19151 as of 2023.
• Total households: 13,203, indicating a mix of family and individual living arrangements.
• Total housing units: 15,084, with potential availability for new occupants or investors.
• Median household income: $58,046, supporting moderate purchasing power.
• Median home value: $181,200, an accessible price point for many buyers.
• Median rent: $1,167 per month, reflecting a diverse rental market.
• Racial composition: Predominantly Black (86.77%), with smaller White (7.86%), Asian (0.71%), and Hispanic (1.9%) populations.

What This Means for You

For homebuyers, ZIP 19151 offers a chance to purchase at a median value of $181,200, which is competitive for the Philadelphia area. The community’s size and household distribution suggest a stable neighborhood with room for personal connections. Real estate investors and agents might find opportunities in the gap between total housing units and occupied households, pointing to potential rental or flip properties. The median rent of $1,167 also indicates a steady demand for leasing options. Small-business owners can leverage the median income of $58,046 to target products and services to a community with consistent spending capacity, while the area’s demographic makeup offers a focused market for culturally relevant offerings. Analysts can use these metrics to benchmark 19151 against neighboring ZIP codes or assess long-term growth trends. Whether you’re settling down, investing, or launching a venture, these insights provide a foundation for success.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 19151? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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• Use the insights to compare locations, identify opportunities, and make data-driven decisions for your home, investment, or business plans.