ZIP 23060 - 860Z200US23060 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 23060 for your next home, investment property, or business location, this demographic and housing snapshot offers a clear picture of the area. Located in a dynamic region, ZIP 23060 is home to over 36,000 residents and presents a blend of economic strength and cultural diversity. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, these insights—based on 2023 data—will help you make informed decisions about this community.

Population & Households

ZIP 23060 has a total population of 36,111, making it a moderately sized community with a vibrant residential base. This population is distributed across 14,057 households, indicating a strong foundation for local businesses and services. With 14,678 total housing units in the area, there’s a slight surplus of homes compared to households, which could suggest some availability for new residents or investors looking to enter the market. These figures paint a picture of a stable, populated area with potential for growth or relocation.

Income & Housing Costs

One of the standout metrics for ZIP 23060 is its median household income of $106,685, which reflects a relatively affluent community. This income level suggests that residents have significant purchasing power, a key consideration for small businesses targeting local customers. On the housing front, the median home value stands at $384,800, positioning this area as a higher-end market compared to many national averages. For renters, the median rent is $1,696 per month, indicating a robust rental market that could appeal to investors seeking steady returns. These numbers highlight ZIP 23060 as a financially strong area with opportunities for both homeownership and rental investments.

Race & Ethnicity

The demographic makeup of ZIP 23060 is notably diverse, offering a multicultural environment that can enrich community life and business opportunities. The racial composition includes 54.3% White, 18.98% Black, 15.6% Asian, and 6.26% Hispanic residents. This diversity can be a draw for families seeking inclusive neighborhoods, businesses aiming to serve varied customer bases, and investors looking for culturally vibrant areas. Understanding this mix helps stakeholders anticipate community needs and tailor their strategies accordingly.

Key Facts

• Total population: 36,111 residents, providing a substantial local market.
• Total households: 14,057, supporting a strong residential base.
• Total housing units: 14,678, with slight availability over household count.
• Median household income: $106,685, indicating strong economic capacity.
• Median home value: $384,800, reflecting a premium housing market.
• Median rent: $1,696, suggesting a lucrative rental investment opportunity.
• Diverse population: 54.3% White, 18.98% Black, 15.6% Asian, 6.26% Hispanic.

What This Means for You

For homebuyers, ZIP 23060 offers a prosperous and diverse community with a median home value of $384,800, ideal if you’re looking for a long-term investment in a stable area. The higher median income suggests neighbors with financial security, often correlating with well-maintained properties and good schools. For investors and real estate agents, the slight surplus of housing units and strong rental rates ($1,696 median rent) point to opportunities for both flipping properties and securing rental income. The area’s economic strength could also mean sustained demand for housing. For small-business owners, the population size and income levels indicate a customer base with disposable income, while the cultural diversity allows for niche markets or inclusive offerings. Finally, analysts can use these metrics to benchmark ZIP 23060 against other regions, identifying trends in income, housing, or demographic shifts. Tailoring your approach to these insights can maximize your success in this area.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 23060? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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• Use the insights to inform your homebuying, investment, or business decisions with confidence.