ZIP 21117 - 860Z200US21117 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 21117 for your next home, investment, or business venture, understanding the area’s demographic and housing landscape is essential. Located in a dynamic region, this ZIP code offers a blend of diversity, economic strength, and housing opportunities. This snapshot, based on 2023 data, provides a clear picture of population trends, income levels, housing costs, and cultural composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will guide your next steps in ZIP 21117.

Population & Households

ZIP 21117 is home to a substantial population of 61,337 residents, making it a vibrant and active community. This population is distributed across 24,363 households, reflecting a mix of family structures and living arrangements. With 26,001 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate availability for new residents or investors looking to enter the market. This balance suggests a community with room for growth while maintaining a stable residential base.

Income & Housing Costs

Economically, ZIP 21117 stands out with a median household income of $100,934, signaling a relatively affluent area with strong purchasing power. This income level supports a robust local economy, which can be a draw for businesses and investors alike. On the housing front, the median home value is $370,700, positioning this ZIP code as a competitive yet accessible market for buyers seeking value in a well-established area. For renters, the median rent of $1,817 reflects a premium for living in this desirable location, aligning with the area’s income and property values. These figures highlight ZIP 21117 as a place where financial stability meets housing opportunity.

Race & Ethnicity

The cultural fabric of ZIP 21117 is notably diverse, offering a rich community dynamic for residents and businesses. The racial composition includes 53.15% Black, 29.68% White, 8.33% Hispanic, and 4.08% Asian residents, among others. This diversity fosters a multicultural environment that can appeal to a wide range of people looking to settle or invest in an inclusive area. For businesses, this mix presents opportunities to cater to varied customer needs and preferences, while homebuyers may appreciate the cultural vibrancy that defines life in ZIP 21117.

Key Facts

• Total population: 61,337 residents, indicating a sizable and active community.
• Total households: 24,363, reflecting a strong residential presence.
• Total housing units: 26,001, suggesting potential availability for new occupants.
• Median household income: $100,934, showcasing economic strength.
• Median home value: $370,700, offering a competitive housing market.
• Median rent: $1,817, aligning with the area’s income and property trends.
• Diverse population: 53.15% Black, 29.68% White, 8.33% Hispanic, 4.08% Asian.

What This Means for You

For homebuyers, ZIP 21117 offers a promising market with a median home value of $370,700, which balances affordability with long-term value in a financially stable area. The slight surplus of housing units could mean less competition for available properties, giving you an edge in negotiations. Real estate investors and agents will find opportunity in this diverse, growing community, where rental demand supports a median rent of $1,817—ideal for building a steady income stream. Small-business owners can leverage the area’s $100,934 median household income and multicultural population to target a wide customer base with disposable income. Analysts studying regional trends will appreciate the balanced demographics and economic indicators that position ZIP 21117 as a stable yet dynamic market. Whatever your goals, this ZIP code provides a solid foundation for success.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 21117? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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