ZIP 19904 - 860Z200US19904 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 19904, located in Dover, Delaware, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 38,000 and a diverse community, this ZIP code presents a mix of opportunities for homebuyers, real estate investors, small-business owners, and analysts. Below, we break down key metrics on population, income, housing, and racial composition to help you make informed decisions.

Population & Households

ZIP 19904 is home to 38,125 residents, making it a moderately sized community with a strong local presence. These individuals are distributed across 14,777 households, reflecting a vibrant residential base. The total number of housing units stands at 16,047, indicating some availability of vacant or seasonal properties. For families, investors, or businesses, this population size suggests a stable market with enough demand to support local services and housing needs.

Income & Housing Costs

The median household income in ZIP 19904 is $66,885, which points to a community with moderate earning power. This income level can support a range of lifestyles and business offerings, from essential services to mid-tier retail. On the housing front, the median home value is $281,000, offering a relatively accessible entry point for buyers compared to higher-cost regions. For renters, the median rent is $1,240 per month, which aligns with the income levels and suggests a balanced rental market. These figures provide a solid foundation for understanding affordability and investment potential in this area.

Race & Ethnicity

ZIP 19904 boasts a diverse population, which can be a significant draw for those seeking an inclusive community or a varied customer base. The racial composition breaks down as follows: 47.93% White, 34.55% Black, 3.18% Asian, and 8.08% Hispanic. This diversity reflects a multicultural environment that can enrich community life and offer unique opportunities for businesses catering to different cultural needs or preferences. For investors and business owners, this mix signals a broad market with varied demands.

Key Facts

• Total population: 38,125 residents in ZIP 19904 as of 2023.
• Total households: 14,777, supporting a robust local community.
• Total housing units: 16,047, with some potential for vacant or seasonal properties.
• Median household income: $66,885, indicating moderate economic stability.
• Median home value: $281,000, accessible for many prospective buyers.
• Median rent: $1,240, reflecting a balanced rental market.
• Racial diversity: 47.93% White, 34.55% Black, 3.18% Asian, 8.08% Hispanic.

What This Means for You

For homebuyers, ZIP 19904 offers a promising mix of affordability and community diversity. With a median home value of $281,000, you can find properties that fit a range of budgets, while the population size ensures access to local amenities and schools. The diversity of the area also means a welcoming environment for families of varied backgrounds.

For investors and real estate agents, the numbers suggest opportunity. The gap between total housing units (16,047) and households (14,777) hints at potential for rental properties or flips, especially with a median rent of $1,240 that aligns with local incomes. The moderate home values also make this ZIP code attractive for first-time investors or those looking to diversify their portfolios.

For small-business owners, the population of 38,125 and diverse demographic makeup provide a solid customer base. The median income of $66,885 supports spending on everyday goods and services, while the cultural diversity opens doors for niche markets or culturally specific offerings. Setting up shop here could tap into a stable and varied demand.

For analysts, these metrics offer a clear baseline for deeper research into market trends, housing demand, or economic growth potential in ZIP 19904. The data reflects a balanced community with room for targeted studies on housing occupancy or income distribution.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 19904? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, income, and housing insights tailored to your needs.
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