ZIP 19406 - 860Z200US19406 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 19406 for your next home, investment property, or business location, understanding the local demographics and housing landscape is essential. Located in a dynamic area, ZIP 19406 offers a blend of suburban appeal and economic opportunity. This snapshot, based on 2023 data, breaks down the population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the numbers and uncover what makes this area unique.

Population & Households

ZIP 19406 is home to a population of 29,388 residents, making it a moderately sized community with a strong residential base. These individuals are distributed across 13,212 households, reflecting a mix of family units, singles, and shared living arrangements. With 14,181 total housing units in the area, there’s a slight surplus of properties compared to occupied households, which could indicate availability for new residents or investors looking to enter the market. This balance suggests a stable community with room for growth, appealing to those seeking a settled yet evolving neighborhood.

Income & Housing Costs

Financially, ZIP 19406 stands out with a median household income of $109,944, pointing to a relatively affluent population. This income level supports a robust local economy, which can be a draw for businesses targeting higher-earning consumers. On the housing front, the median home value is $393,600, reflecting a competitive real estate market where properties hold significant value. For renters, the median rent is $1,983 per month, indicating a premium rental market that aligns with the area’s income and property values. These figures suggest that ZIP 19406 is a place where financial stability meets desirable living conditions, though affordability may be a consideration for some buyers or tenants.

Race & Ethnicity

The demographic makeup of ZIP 19406 reveals a diverse yet predominantly white community, with 65.36% of residents identifying as white. The Asian population is notably significant at 19.89%, adding to the cultural richness of the area. Black residents account for 7.7% of the population, while 3.81% identify as Hispanic. This diversity can influence community dynamics, local businesses, and cultural offerings, making ZIP 19406 an attractive spot for those who value a mix of perspectives and backgrounds. For businesses and investors, this composition may guide marketing strategies or property development to cater to varied needs.

Key Facts

• Total population: 29,388 residents, offering a sizable community for engagement.
• Total households: 13,212, indicating a strong residential foundation.
• Total housing units: 14,181, with potential availability for new occupants or investors.
• Median household income: $109,944, reflecting economic strength.
• Median home value: $393,600, signaling a valuable real estate market.
• Median rent: $1,983, pointing to a premium rental landscape.
• Racial composition: 65.36% white, 19.89% Asian, 7.7% Black, 3.81% Hispanic, showcasing diversity.

What This Means for You

For homebuyers, ZIP 19406 offers a stable, affluent community with homes valued at a median of $393,600. While the price point may require careful budgeting, the area’s high median income of $109,944 suggests a neighborhood with strong economic underpinnings, ideal for long-term investment in quality of life. Real estate investors and agents will find opportunity in the slight surplus of housing units (14,181 total versus 13,212 households), which could mean room to flip properties or secure rentals at a median rate of $1,983. Small-business owners can leverage the diverse population and solid income levels to target a range of customers, from families to professionals, especially in sectors like retail or services that cater to varied cultural tastes. Analysts can use these metrics to benchmark ZIP 19406 against nearby areas, identifying trends in housing demand or demographic shifts. Across all groups, the data points to a community with both challenges (cost of entry) and rewards (economic vitality and diversity).

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 19406? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Input any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your needs.
• Use the insights to make data-driven decisions, whether you’re buying a home, investing, or planning a business venture.