ZIP 21742 - 860Z200US21742 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 21742 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear, data-driven look at the area. Located in a dynamic region, ZIP 21742 is home to over 35,000 residents and provides a mix of suburban appeal and economic opportunity. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, understanding the population, income, housing costs, and cultural makeup of this area can help you make informed decisions. Let’s dive into the 2023 data to uncover what makes ZIP 21742 unique.

Population & Households

ZIP 21742 has a total population of 35,114, making it a moderately sized community with a strong residential base. This population is distributed across 13,315 households, reflecting a mix of family units, singles, and retirees. With 14,099 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking to enter the market. This balance suggests a stable community with room for growth, appealing to those seeking a place to settle or expand.

Income & Housing Costs

The median household income in ZIP 21742 stands at $80,533, pointing to a relatively affluent community with solid earning potential. This income level supports a comfortable lifestyle and indicates a market where residents have disposable income for local businesses. On the housing front, the median home value is $280,100, which positions ZIP 21742 as a competitive yet accessible market for homebuyers compared to pricier nearby regions. For renters, the median rent is $1,267 per month, reflecting a rental market that caters to a range of budgets while offering landlords a steady return. These figures highlight an area with economic stability and housing options for diverse needs.

Race & Ethnicity

ZIP 21742 boasts a diverse population, which adds to its cultural richness and appeal for businesses and residents alike. The racial composition breaks down as follows: 69.84% White, 10.2% Black, 2.71% Asian, and 10.45% Hispanic. This mix suggests a welcoming community with varied perspectives, making it an attractive spot for families and entrepreneurs who value inclusivity. For businesses, this diversity can translate into a broad customer base with unique needs and preferences, while homebuyers may appreciate the vibrant, multifaceted neighborhood atmosphere.

Key Facts

• Total population: 35,114 residents, offering a sizable community for engagement.
• Total households: 13,315, indicating a strong residential foundation.
• Total housing units: 14,099, with potential availability for new occupants or investors.
• Median household income: $80,533, reflecting economic stability and purchasing power.
• Median home value: $280,100, a competitive price point for buyers and investors.
• Median rent: $1,267, supporting a viable rental market for landlords and tenants.
• Diverse demographics: 69.84% White, 10.2% Black, 2.71% Asian, 10.45% Hispanic, fostering a rich community fabric.

What This Means for You

For homebuyers, ZIP 21742 offers a promising blend of affordability and community appeal. With a median home value of $280,100 and a stable population, you’re likely to find a range of properties that fit your budget while enjoying a diverse, welcoming neighborhood. Real estate investors and agents can capitalize on the slight surplus of housing units (14,099 total vs. 13,315 households), which may signal opportunities for rentals or flips, especially with a median rent of $1,267 providing consistent returns. Small-business owners will find a market with a median household income of $80,533, suggesting residents have the means to support local goods and services, particularly in a culturally diverse setting that invites tailored offerings. Analysts can use this data as a benchmark to track trends in housing demand or demographic shifts, ensuring strategic insights for clients or research.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 21742? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business in the area.