ZIP 22802 - 860Z200US22802 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 22802, located in the Harrisonburg area of Virginia, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of nearly 30,000 and a diverse cultural makeup, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s dive into the key metrics that define ZIP 22802, from population and income to housing costs and racial composition, to help you make informed decisions.

Population & Households

ZIP 22802 is home to 29,370 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 11,196 households, reflecting a mix of family structures and living arrangements. With 11,957 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could indicate opportunities for buyers or renters looking to settle in this region. This balance between population and housing stock is a critical factor for anyone evaluating the area’s growth potential or residential stability.

Income & Housing Costs

The median household income in ZIP 22802 stands at $62,116, positioning it as a community with moderate earning power. This income level supports a range of lifestyles and can influence the types of businesses and services that thrive here. On the housing front, the median home value is $259,500, which offers a relatively accessible entry point for buyers compared to many urban markets. For renters, the median rent is $1,101 per month, reflecting a rental market that aligns with the area’s income demographics. These figures provide a solid foundation for assessing affordability and investment potential in this ZIP code.

Race & Ethnicity

ZIP 22802 boasts a diverse population, with a racial and ethnic composition that shapes its cultural landscape. The breakdown includes 62.4% White, 6.43% Black, 1.67% Asian, and a significant 25.96% Hispanic or Latino population. This diversity can be a draw for businesses seeking a broad customer base or for families looking for an inclusive community. Understanding these demographics is essential for tailoring real estate strategies, marketing efforts, or community engagement initiatives to resonate with local residents.

Key Facts

• Total population: 29,370 residents in ZIP 22802 as of 2023.
• Total households: 11,196, indicating a mix of family and individual living arrangements.
• Total housing units: 11,957, suggesting a small surplus of available properties.
• Median household income: $62,116, reflecting moderate economic stability.
• Median home value: $259,500, an accessible price point for many buyers.
• Median rent: $1,101, aligning with local income levels.
• Racial diversity: 62.4% White, 25.96% Hispanic, 6.43% Black, and 1.67% Asian.

What This Means for You

For homebuyers, ZIP 22802 offers a promising mix of affordability and community diversity. With a median home value of $259,500, it’s a feasible market for first-time buyers or those relocating to the Harrisonburg area, while the slight surplus of housing units could mean less competition for available properties. Real estate investors and agents will find value in the area’s moderate income levels and rental rates, which suggest steady demand for both purchase and lease properties. The diversity of the population also points to potential niches for targeted property types or amenities that cater to varied cultural needs.

Small-business owners can leverage the area’s demographic makeup to tailor offerings—whether it’s retail, dining, or services—to a diverse customer base of nearly 30,000 people. The median income of $62,116 indicates a community with disposable income for local spending, while the significant Hispanic population (nearly 26%) could inspire culturally specific business concepts. Analysts and researchers will appreciate the balanced metrics of ZIP 22802 as a case study for mid-sized, diverse communities with accessible housing markets, providing data-driven insights for broader regional trends.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 22802? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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• Use the insights to inform your next move, investment, or business strategy with confidence and precision.