ZIP 21144 - 860Z200US21144 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 21144, located in the Severn area of Maryland, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ve compiled key metrics on population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re looking for a family-friendly neighborhood or a market with growth potential, understanding ZIP 21144’s profile is the first step.

Population & Households

ZIP 21144 is home to a sizable population of 37,372 residents. This figure reflects a vibrant community with a mix of families, professionals, and individuals. The area supports 12,942 households, indicating a strong residential base for local businesses and services. Additionally, there are 13,456 total housing units, suggesting a slight surplus of properties that could appeal to buyers or investors looking for availability in a competitive market.

Income & Housing Costs

One of the standout metrics for ZIP 21144 is its median household income of $132,820. This above-average figure points to a financially stable community, which can translate to strong purchasing power for local businesses and a desirable market for real estate. On the housing front, the median home value stands at $468,400, reflecting a robust property market that could offer long-term value for homeowners and investors. For renters, the median rent is $1,958 per month, indicating a premium rental market that may cater to professionals or families seeking quality housing without committing to a purchase.

Race & Ethnicity

ZIP 21144 boasts a diverse population, which adds to its cultural richness and appeal for a wide range of residents and businesses. The racial composition breaks down as follows: 43.08% White, 32.29% Black, 6.83% Asian, and 11.14% Hispanic. This diversity suggests an inclusive community that can support varied cultural businesses, events, and services, making it an attractive location for entrepreneurs and families alike who value a multicultural environment.

Key Facts

• Total population: 37,372 residents, indicating a substantial community with diverse needs and opportunities.
• Total households: 12,942, providing a solid customer base for local businesses.
• Total housing units: 13,456, suggesting potential availability for new residents or investors.
• Median household income: $132,820, reflecting strong economic stability in the area.
• Median home value: $468,400, pointing to a valuable real estate market.
• Median rent: $1,958, indicating a premium rental market for quality housing.
• Racial diversity: 43.08% White, 32.29% Black, 6.83% Asian, 11.14% Hispanic, showcasing a multicultural community.

What This Means for You

For homebuyers, ZIP 21144 offers a financially stable community with a median income of $132,820 and homes valued at a median of $468,400. This suggests a neighborhood where property values are likely to hold or appreciate, making it a sound long-term investment for families or individuals. The diversity and population size also point to a dynamic area with access to varied amenities and social networks.

For real estate investors and agents, the slight surplus of housing units (13,456 total units versus 12,942 households) could indicate opportunities for flipping properties or catering to incoming residents. The high median home value and rent ($1,958) also suggest a market where premium pricing is viable, especially for well-maintained or upgraded properties.

For small-business owners, the sizable population of 37,372 and high median income signal a community with disposable income to spend on goods and services. The diverse demographic makeup further opens doors for niche businesses catering to specific cultural or ethnic needs, from restaurants to retail.

For analysts, these metrics provide a baseline for deeper market studies, whether you’re assessing economic trends, housing demand, or community growth potential in ZIP 21144.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 21144? Start by visiting ZipcodeGPT for a user-friendly platform to analyze ZIP code data.
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