ZIP 20165 - 860Z200US20165 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 20165 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of what to expect. Located in a vibrant area, ZIP 20165 is home to over 34,000 residents and boasts strong economic indicators and a diverse community. Using the latest 2023 data, this analysis provides actionable insights for homebuyers, real estate investors, small-business owners, and analysts looking to understand the local landscape. Let’s dive into the numbers and uncover what makes this area unique.

Population & Households

ZIP 20165 has a total population of 34,210, making it a moderately sized community with a mix of families, professionals, and individuals. This population is spread across 11,903 households, reflecting a robust residential base. With 12,283 total housing units, there’s a slight surplus of homes compared to households, which could indicate some availability for new residents or investors looking to enter the market. These figures suggest a stable, established area with room for growth, ideal for those seeking a balance of community and opportunity.

Income & Housing Costs

One of the standout metrics for ZIP 20165 is its median household income of $185,594, which points to a high-earning community with significant purchasing power. This income level supports a strong housing market, evidenced by a median house value of $661,300. For renters, the median rent stands at $2,480 per month, reflecting the premium cost of living in this area. These numbers highlight ZIP 20165 as an affluent location, appealing to buyers and investors who prioritize upscale markets, as well as businesses targeting higher-income customers.

Race & Ethnicity

The demographic makeup of ZIP 20165 showcases a diverse community, which adds to its cultural richness and broad appeal. The racial composition includes 60.45% White, 6.09% Black, 14.73% Asian, and 11.63% Hispanic residents. This diversity can be a draw for families and businesses alike, offering a welcoming environment for a wide range of backgrounds. It also suggests a market with varied needs and preferences, which could influence housing styles, business offerings, and community services in the area.

Key Facts

• Total population: 34,210 residents, indicating a sizable and active community.
• Total households: 11,903, showing a strong residential foundation.
• Total housing units: 12,283, suggesting potential availability for new occupants.
• Median household income: $185,594, reflecting significant economic strength.
• Median house value: $661,300, positioning this as a high-value real estate market.
• Median rent: $2,480, indicative of a premium rental market.
• Diverse population: 60.45% White, 14.73% Asian, 11.63% Hispanic, and 6.09% Black.

What This Means for You

For homebuyers, ZIP 20165 offers a prosperous area with high home values and a diverse, welcoming community. The median house value of $661,300 suggests a long-term investment with potential for appreciation, though it requires substantial financial readiness. Renters should prepare for costs around $2,480 monthly, which aligns with the area’s upscale nature.

For real estate investors and agents, the slight surplus of housing units (12,283 vs. 11,903 households) hints at opportunities to acquire properties, whether for rental income or resale. The high median income of residents also supports a market for luxury or premium properties, making this ZIP code a strategic focus for portfolios targeting affluent buyers or tenants.

For small-business owners, the high median household income of $185,594 signals a customer base with disposable income, ideal for businesses offering premium goods or services. The diverse demographic profile also means you can tailor offerings to a variety of cultural preferences, enhancing market reach.

For analysts, these metrics provide a foundation for deeper studies into economic trends, housing demand, and community needs in ZIP 20165, supporting data-driven decision-making.

Run This Study Yourself

• Want to explore ZIP 20165 or another area in greater detail? Start by visiting ZipcodeGPT for a user-friendly platform to access demographic and housing data.
• Input any ZIP code to generate a customized report with the latest metrics, tailored to your specific interests or business needs.
• Use the insights to make informed decisions, whether you’re buying a home, investing in property, or planning a business venture.