ZIP 22204 - 860Z200US22204 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 22204, located in Arlington, Virginia, this demographic and housing snapshot offers a clear picture of the area in 2023. With a sizable population, strong income levels, and a diverse community, this ZIP code presents unique opportunities and considerations for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living, working, or investing here.

Population & Households

ZIP 22204 is home to a robust population of 51,971 residents, making it a vibrant and active community. This area supports 22,940 households, reflecting a mix of families, singles, and professionals. With 24,128 total housing units, there’s a slight surplus of available homes compared to occupied households, which could indicate potential rental or purchase opportunities for those looking to enter the market. This balance suggests a stable residential base, ideal for businesses targeting local consumers or investors seeking consistent demand.

Income & Housing Costs

The median household income in ZIP 22204 stands at an impressive $109,277, signaling a relatively affluent community with significant purchasing power. This income level supports a strong local economy, which can be a draw for small businesses and service providers. On the housing front, the median home value is $672,100, reflecting a high-demand real estate market where properties hold substantial value. For renters, the median rent is $1,871 per month, indicating a competitive rental market that aligns with the area’s income and property values. These figures suggest that while entry costs are high, the potential for long-term value appreciation could be a key benefit for buyers and investors.

Race & Ethnicity

ZIP 22204 boasts a diverse population, which adds to its cultural richness and appeal. The racial and ethnic composition includes 41.39% White, 17.56% Black, 10.81% Asian, and 25.51% Hispanic residents. This diversity creates a dynamic community environment, offering opportunities for businesses to cater to varied cultural preferences and for residents to enjoy a multicultural lifestyle. For investors and business owners, this mix can translate into a broad customer base with unique needs and interests.

Key Facts

• Total population: 51,971 residents, indicating a sizable and active community.
• Total households: 22,940, reflecting a strong residential foundation.
• Total housing units: 24,128, suggesting some availability for new occupants or investors.
• Median household income: $109,277, highlighting significant local purchasing power.
• Median home value: $672,100, pointing to a high-value real estate market.
• Median rent: $1,871, indicative of a competitive rental landscape.
• Diverse demographics: 41.39% White, 17.56% Black, 10.81% Asian, 25.51% Hispanic.

What This Means for You

For homebuyers, ZIP 22204 offers a chance to invest in a high-value market with a median home price of $672,100. While the upfront cost is significant, the area’s strong median income of $109,277 suggests a stable community with potential for property value growth. Consider this area if you’re looking for long-term appreciation and a diverse, vibrant neighborhood.

For investors and real estate agents, the slight surplus of housing units (24,128 total units versus 22,940 households) could mean opportunities for rental properties or flips, especially given the competitive median rent of $1,871. The affluent demographic also supports demand for premium properties or renovations.

For small-business owners, the population of 51,971 and high median income create a promising customer base with disposable income. The diverse racial and ethnic makeup further allows for niche offerings tailored to varied cultural needs, from dining to retail.

For analysts, these metrics provide a snapshot of a prosperous, diverse, and stable area. The data points to sustained demand in housing and local services, making ZIP 22204 a compelling case study for market trends in affluent, urban-adjacent communities.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 22204? Start by visiting ZipcodeGPT for a user-friendly way to access detailed demographic and housing data.
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