ZIP Code 21227 — Demographics & Housing Data 2023

Overview

If you’re considering ZIP code 21227 for your next home, investment, or business venture, understanding the area’s demographic and housing landscape is essential. Located in the Baltimore area, this ZIP code offers a mix of suburban appeal and economic opportunity. With a population of over 35,000 and a median household income above the national average, 21227 presents a stable and diverse community. This article breaks down the latest 2023 data on population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions.

Population & Households

ZIP 21227 is home to a population of 35,695 residents, making it a moderately sized community with a strong residential base. These individuals are spread across 13,687 households, reflecting a variety of family structures and living arrangements. The total number of housing units in the area stands at 14,260, indicating a slight surplus of available homes relative to current household demand. This balance suggests potential opportunities for buyers or investors looking to enter the market, as well as a stable environment for businesses serving local residents.

Income & Housing Costs

Financially, ZIP 21227 stands out with a median household income of $83,620, which is notably higher than many comparable areas across the country. This income level supports a comfortable standard of living and signals purchasing power for local businesses. On the housing front, the median home value is $272,400, offering a reasonable entry point for buyers in the Baltimore metro region. For renters, the median monthly rent is $1,347, which aligns with the area’s income levels and provides a viable alternative to homeownership. These figures suggest that 21227 is a financially accessible yet stable market for various stakeholders.

Race & Ethnicity

The demographic makeup of ZIP 21227 reflects a diverse community, which can be a draw for those seeking an inclusive environment. The racial composition includes 60.86% White, 16.48% Black, 4.16% Asian, and 12.24% Hispanic residents. This diversity fosters a culturally rich atmosphere, which can benefit businesses catering to varied customer preferences and homebuyers looking for a welcoming neighborhood. Understanding this mix is also crucial for investors and analysts assessing market trends and community dynamics in the area.

Key Facts

• Total population: 35,695 residents, offering a sizable market for businesses and services.
• Total households: 13,687, indicating a strong residential foundation.
• Total housing units: 14,260, suggesting slight availability for new occupants or investors.
• Median household income: $83,620, reflecting solid economic stability.
• Median home value: $272,400, a competitive price point in the region.
• Median rent: $1,347 per month, accessible for many income levels.
• Racial diversity: 60.86% White, 16.48% Black, 4.16% Asian, 12.24% Hispanic, showcasing a varied community.

What This Means for You

For homebuyers, ZIP 21227 offers a compelling mix of affordability and stability. With a median home value of $272,400 and a median income of $83,620, purchasing a home here is within reach for many, while the slight surplus of housing units could mean less competition in the market. Real estate investors and agents will find value in the area’s steady demographics and income levels, which support long-term property appreciation and rental demand at $1,347 median rent. Small-business owners can tap into a diverse population of over 35,000, leveraging the community’s cultural variety and purchasing power to tailor offerings. Analysts studying regional trends will appreciate the balanced housing-to-household ratio and economic indicators that point to a sustainable local economy. Whether you’re buying, investing, or building a business, 21227 provides a solid foundation to grow.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 21227? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, income, and housing insights tailored to your needs.
• Use the detailed reports to make informed decisions for your home purchase, investment, or business strategy.