ZIP 20019 - 860Z200US20019 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 20019 in Washington, D.C., for buying a home, investing in property, or starting a business, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing costs, and racial composition in this area. Whether you’re a homebuyer seeking affordability, an investor eyeing opportunities, or a small-business owner gauging market potential, these insights will help you make informed decisions.

Population & Households

ZIP 20019 is home to a substantial population of 64,365 residents, making it a vibrant and densely populated area within the nation’s capital. This ZIP code supports 26,523 households, reflecting a community with a mix of family structures and living arrangements. With 29,244 total housing units, 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. For those analyzing community size or customer bases, this population density suggests a significant local audience for goods, services, or real estate opportunities.

Income & Housing Costs

The median household income in ZIP 20019 stands at $57,031, which offers a glimpse into the economic profile of the area. This income level may appeal to homebuyers seeking more affordable entry points into the D.C. market, though it’s worth noting that costs of living in the region can be high. On the housing front, the median home value is $437,600, reflecting a market where property values are significant but potentially more accessible compared to other parts of the city. For renters, the median rent is $1,174 per month, providing a relatively moderate cost for those not ready to buy. These figures are critical for investors assessing return potential or businesses evaluating consumer spending power.

Race & Ethnicity

The demographic makeup of ZIP 20019 is predominantly Black, with 86.65% of the population identifying as such, making it a culturally rich and historically significant community. Hispanic residents account for 7.14% of the population, while White residents make up 2.17%, and Asian residents comprise just 0.2%. This diversity, though heavily weighted toward one group, shapes the cultural fabric of the area and can influence business offerings, community engagement, and real estate demand. Understanding this composition is vital for tailoring services or investments to the needs and preferences of the local population.

Key Facts

• Total population: 64,365 residents, indicating a sizable community.
• Total households: 26,523, reflecting a mix of family and individual living arrangements.
• Total housing units: 29,244, suggesting some availability for new occupants.
• Median household income: $57,031, a key indicator of local economic capacity.
• Median home value: $437,600, offering a balance of value in the D.C. area.
• Median rent: $1,174, a moderate cost for renters in the region.
• Racial composition: 86.65% Black, 7.14% Hispanic, 2.17% White, 0.2% Asian.

What This Means for You

For homebuyers, ZIP 20019 presents a potentially more affordable entry into the Washington, D.C., housing market with a median home value of $437,600. This could be an opportunity to invest in a growing community, though it’s wise to factor in the median income of $57,031 when assessing affordability and long-term financial planning. Investors and real estate agents will note the surplus of housing units (29,244 total units versus 26,523 households), which may signal room for rental or flip opportunities, especially with a median rent of $1,174 that could attract tenants. Small-business owners can leverage the large population of 64,365 as a customer base, tailoring offerings to the predominantly Black demographic (86.65%) to meet cultural and community needs. Analysts can use these metrics to benchmark ZIP 20019 against neighboring areas for deeper market studies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 20019? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
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