ZIP 21244 - 860Z200US21244 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 21244 for your next home, investment, or business venture, understanding the area’s demographic and housing landscape is essential. Located in Maryland, this area offers a blend of suburban living with access to urban amenities. With a population of nearly 40,000 and a diverse community, ZIP 21244 presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. This snapshot, based on 2023 data, breaks down key metrics to help you make informed decisions about living or working in this dynamic region.

Population & Households

ZIP 21244 is home to 39,545 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 14,376 households, reflecting a mix of family structures and living arrangements. The total number of housing units stands at 15,006, indicating a slight surplus of available homes compared to occupied households. This could suggest opportunities for buyers or renters looking to move into the area, as well as potential for investors eyeing vacant properties.

Income & Housing Costs

The median household income in ZIP 21244 is $84,849, which positions the area as a relatively affluent community compared to national averages. This income level supports a stable local economy, potentially attracting businesses that cater to middle- and upper-middle-class consumers. On the housing front, the median home value is $271,200, offering a reasonable entry point for buyers in the Maryland market. For renters, the median rent is $1,538 per month, reflecting a competitive rental market that may appeal to those not yet ready to buy. These figures provide a clear picture of affordability and investment potential in the area.

Race & Ethnicity

ZIP 21244 stands out for its diverse population, which contributes to a rich cultural fabric. The racial composition includes 70.1% Black or African American, 11.55% Hispanic or Latino, 9.05% White, and 7.08% Asian residents. This diversity can be a significant draw for families and businesses seeking an inclusive environment. It also suggests a market with varied consumer needs, from culturally specific goods and services to community-driven initiatives. Understanding this breakdown can help stakeholders tailor their approach to the unique character of ZIP 21244.

Key Facts

• Total population: 39,545 residents, offering a sizable community for engagement.
• Total households: 14,376, indicating a strong base of local families and individuals.
• Total housing units: 15,006, with a small surplus of available properties.
• Median household income: $84,849, supporting a stable economic environment.
• Median home value: $271,200, a competitive price point for Maryland buyers.
• Median rent: $1,538, reflecting a robust rental market for prospective tenants.
• Diverse demographics: 70.1% Black, 11.55% Hispanic, 9.05% White, 7.08% Asian.

What This Means for You

For homebuyers, ZIP 21244 offers a promising mix of affordability and community diversity. With a median home value of $271,200, it’s an accessible market for first-time buyers or those relocating to Maryland, while the cultural richness adds to the area’s appeal. Investors and real estate agents will note the slight surplus of housing units (15,006 vs. 14,376 households), which could signal opportunities for rental properties or fixer-uppers in a stable income area. Small-business owners can leverage the diverse population and solid median income of $84,849 to target a wide range of customers with tailored products or services. Analysts studying market trends will find the demographic data useful for forecasting growth or identifying underserved niches in this vibrant ZIP code.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 21244? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access detailed population, housing, and income metrics tailored to your needs.
• Use the insights to make data-driven decisions for your home purchase, investment, or business strategy.