ZIP 20171 - 860Z200US20171 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 20171 for your next home, investment property, or business location, understanding the area’s demographic and housing landscape is essential. Located in a dynamic part of Northern Virginia, this ZIP code offers a blend of suburban appeal and economic opportunity. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing costs, and cultural diversity in 20171. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about this vibrant community.

Population & Households

ZIP 20171 is home to a substantial population of 50,796 residents, making it a bustling area with a strong community presence. These individuals are distributed across 18,634 households, reflecting a mix of family units, professionals, and individuals. With 19,221 total housing units in the area, 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. This balance suggests a stable yet growing community, ideal for those seeking both residential and commercial opportunities.

Income & Housing Costs

One of the standout features of ZIP 20171 is its robust economic profile. The median household income stands at an impressive $166,154, pointing to a high-earning population with significant purchasing power. This income level supports a strong local economy, which can be a draw for businesses targeting affluent customers. On the housing front, the median house value is $770,200, reflecting a premium real estate market that aligns with the area’s high income. For renters, the median rent is $2,276 per month, indicating a competitive rental market that caters to those who prefer flexibility over ownership. These figures highlight 20171 as a financially strong area with considerable investment potential.

Race & Ethnicity

The cultural fabric of ZIP 20171 is notably diverse, offering a rich community experience for residents and businesses alike. The racial composition includes 43.88% White, 33.35% Asian, 9.01% Black, and 8.34% Hispanic residents. This diversity fosters a multicultural environment, which can be a significant advantage for businesses looking to appeal to a broad customer base or for families seeking an inclusive place to call home. The strong Asian and White populations, in particular, contribute to a unique blend of cultural influences, making 20171 a welcoming and dynamic area.

Key Facts

• Total population: 50,796 residents, indicating a sizable and active community.
• Total households: 18,634, reflecting a mix of family and individual living arrangements.
• Total housing units: 19,221, suggesting some availability for new residents or investors.
• Median household income: $166,154, showcasing a high-earning population.
• Median house value: $770,200, indicative of a premium real estate market.
• Median rent: $2,276, pointing to a competitive rental landscape.
• Racial diversity: 43.88% White, 33.35% Asian, 9.01% Black, 8.34% Hispanic, highlighting a multicultural community.

What This Means for You

For homebuyers, ZIP 20171 offers a premium market with high home values and a strong community feel, ideal for those with the budget to invest in a high-quality area. The median house value of $770,200 suggests long-term value appreciation, but it requires careful financial planning. Investors and real estate agents will find opportunities in the slight surplus of housing units (19,221 vs. 18,634 households), which could mean room for flipping properties or rentals, especially with a median rent of $2,276 attracting high-income tenants. Small-business owners can capitalize on the affluent population (median income $166,154) and diverse customer base to offer tailored products or services, from specialty retail to cultural dining experiences. Analysts can use these metrics to benchmark 20171 against other ZIP codes, identifying trends in income, housing, and diversity that signal growth potential. Across all groups, the data points to a stable, prosperous area worth exploring further.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 20171? Start by visiting ZipcodeGPT for a user-friendly platform to analyze demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to compare areas, spot opportunities, and make data-driven decisions for your home, investment, or business plans.