ZIP Code 20155 — Demographics & Housing Data 2023

Overview

If you’re considering ZIP code 20155 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of what to expect. Located in a dynamic area, ZIP 20155 boasts a robust population, strong income levels, and a diverse community. Using the latest 2023 data, we’ve compiled key metrics on population, households, 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 details of this vibrant ZIP code.

Population & Households

ZIP 20155 is home to a substantial population of 37,516 residents, making it a lively and active community. This area supports 12,534 households, reflecting a strong residential base ideal for businesses targeting local consumers or families looking for a connected neighborhood. With 12,833 total housing units, the area shows a slight surplus of available homes compared to occupied households, which could indicate opportunities for buyers or investors seeking properties in a growing market.

Income & Housing Costs

One of the standout features of ZIP 20155 is its impressive median household income of $154,531. This figure suggests a high-earning community with significant purchasing power, which is a critical consideration for small-business owners planning to set up shop or investors evaluating rental demand. On the housing front, the median home value stands at $630,400, reflecting a premium market that aligns with the area’s income levels. For renters, the median rent is $2,648 per month, indicating a strong rental market that could appeal to landlords or property investors looking for consistent returns.

Race & Ethnicity

ZIP 20155 is a culturally diverse area, with a racial composition that includes 55.01% White, 12.9% Black, 13.76% Asian, and 12.21% Hispanic residents. This diversity creates a rich community fabric, offering unique opportunities for businesses to cater to varied cultural needs and preferences. For families and individuals relocating, this mix ensures a welcoming environment with a broad range of perspectives and experiences, enhancing the social appeal of the area.

Key Facts

• Total population: 37,516 residents, indicating a sizable and active community.
• Total households: 12,534, supporting a strong residential foundation.
• Total housing units: 12,833, suggesting limited but available housing stock.
• Median household income: $154,531, reflecting significant local earning power.
• Median home value: $630,400, positioning this as a high-value real estate market.
• Median rent: $2,648, indicating a robust rental market for investors.
• Racial diversity: 55.01% White, 12.9% Black, 13.76% Asian, 12.21% Hispanic, showcasing a multicultural community.

What This Means for You

For homebuyers, ZIP 20155 offers a premium housing market with a median home value of $630,400, ideal for those seeking long-term value in a prosperous area. The diverse community and high median income suggest a stable, family-friendly environment with access to quality amenities. Real estate investors and agents will find potential in both the purchase and rental markets, given the slight surplus of housing units and a strong median rent of $2,648, which points to reliable demand from high-earning renters. Small-business owners can leverage the area’s 37,516 residents and their substantial purchasing power, especially by tailoring offerings to a culturally diverse customer base. Finally, analysts can use these metrics to benchmark ZIP 20155 against other regions, identifying trends in income, housing, and demographic shifts for deeper market studies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 20155? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access detailed population, income, and housing insights tailored to your needs.
• Use the generated reports to inform your homebuying, investment, or business decisions with confidence.