ZIP 21208 - 860Z200US21208 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 21208 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in Maryland, this area offers a blend of suburban appeal and economic opportunity. With a population of over 38,000 and a median household income above the national average, ZIP 21208 presents a stable and diverse community. This article breaks down the latest 2023 data to provide clear, actionable insights for homebuyers, real estate investors, small-business owners, and analysts.

Population & Households

ZIP 21208 is home to 38,108 residents, making it a moderately sized community with a strong residential base. These individuals are distributed across 15,561 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 16,397, indicating a slight surplus of available properties relative to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant units.

Income & Housing Costs

The median household income in ZIP 21208 is $90,822, a figure that points to a relatively affluent community with solid earning power. This income level supports a robust local economy, which can be a draw for businesses seeking a customer base with disposable income. On the housing front, the median home value is $313,400, positioning the area as a mid-to-upper range market for potential buyers. For renters, the median monthly rent is $1,672, reflecting a competitive rental market that aligns with the area’s income and property values. These metrics suggest that while affordability may be a consideration for some, the area offers quality housing options for those with the means to invest.

Race & Ethnicity

ZIP 21208 boasts a diverse population, with a racial and ethnic composition that enriches the community’s cultural fabric. White residents make up 47.12% of the population, closely followed by Black residents at 43.27%. Asian individuals account for 2.65%, while Hispanic or Latino residents represent 4.15%. This near-balanced diversity can be a significant asset for businesses aiming to cater to varied demographics and for families seeking an inclusive environment to call home.

Key Facts

• Total population: 38,108 residents in ZIP 21208 as of 2023.
• Total households: 15,561, supporting a mix of family and solo living.
• Total housing units: 16,397, with some availability for new occupants.
• Median household income: $90,822, indicating strong local earning potential.
• Median home value: $313,400, reflecting a solid real estate market.
• Median rent: $1,672 per month, competitive for the area’s income levels.
• Diverse community: White (47.12%), Black (43.27%), Asian (2.65%), Hispanic (4.15%).

What This Means for You

For homebuyers, ZIP 21208 offers a stable market with median home values at $313,400, ideal for those looking to invest in a community with strong income levels and diversity. The slight surplus of housing units (16,397 total versus 15,561 households) may provide negotiating leverage in a purchase. For real estate investors and agents, the area’s demographics and income suggest demand for both rental and purchase properties, especially with a median rent of $1,672 that appeals to mid-to-high-income tenants. The diversity of the population also means a broad tenant or buyer pool. For small-business owners, the $90,822 median household income signals a customer base with spending power, while the cultural diversity offers opportunities to tailor products or services to varied needs. Finally, for analysts, these metrics provide a snapshot of a balanced, economically viable area worth monitoring for trends in housing and income growth.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 21208? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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