ZIP 28204 - 860Z200US28204 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 28204 for your next home, investment, or business venture, understanding the local demographics and housing landscape is crucial. Located in the heart of Charlotte, North Carolina, this area offers a dynamic mix of urban living and economic opportunity. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and racial composition in 28204. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions tailored to your goals.

Population & Households

ZIP code 28204 is home to a population of 9,744 residents as of 2023. This community supports 5,716 households, reflecting a vibrant and active area with a mix of family and individual living arrangements. The total number of housing units stands at 6,291, indicating a slight surplus of available properties compared to occupied households. This could suggest opportunities for growth or investment in the local housing market, especially for those looking to buy or rent in an urban setting with strong demand.

Income & Housing Costs

The median household income in ZIP 28204 is $89,207, pointing to a relatively affluent community with solid earning potential. This income level supports a robust housing market, where the median house value is $576,900. For renters, the median rent is $1,694 per month, reflecting the premium cost of living in this desirable area. These figures suggest that 28204 is a market for buyers and renters with above-average financial capacity, making it an attractive spot for real estate investments or businesses targeting a higher-income demographic.

Race & Ethnicity

The racial and ethnic composition of ZIP 28204 showcases a diverse yet predominantly white population. As of 2023, 66.06% of residents identify as white, followed by 20.15% as Black, 6.31% as Hispanic, and 3.86% as Asian, with the remainder comprising other or mixed-race groups. This diversity contributes to a culturally rich environment, which can be a draw for families, businesses, and investors seeking inclusive communities with varied perspectives and consumer needs.

Key Facts

• Total population in ZIP 28204: 9,744 residents.
• Total households: 5,716, indicating a mix of family and solo living.
• Total housing units: 6,291, with some vacancy for potential buyers or renters.
• Median household income: $89,207, reflecting strong local earning power.
• Median house value: $576,900, a premium market for real estate.
• Median rent: $1,694, aligning with the area’s upscale housing costs.
• Racial composition: 66.06% white, 20.15% Black, 6.31% Hispanic, 3.86% Asian.

What This Means for You

For homebuyers, ZIP 28204 offers a premium housing market with a median home value of $576,900, ideal if you’re seeking a high-value property in a dynamic urban area. The income level of $89,207 suggests neighbors with financial stability, often correlating with well-maintained communities. For investors and real estate agents, the surplus of housing units (6,291 total vs. 5,716 households) hints at opportunities for rental properties or flips, especially given the strong median rent of $1,694. Keep in mind the competitive pricing, which may require strategic offers or niche marketing to stand out.

For small-business owners, the diverse population of 9,744 and above-average income make 28204 a promising location for targeting a range of customers, from young professionals to established families. Retail, dining, or service-based businesses could thrive by catering to the cultural diversity and disposable income evident here. Lastly, analysts can use these metrics to benchmark 28204 against nearby ZIP codes, identifying trends in urban growth, housing demand, or economic shifts in Charlotte’s core.

Run This Study Yourself

• Curious about another ZIP code or want to dive deeper into 28204? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your specific interests.
• Use the insights to compare markets, spot opportunities, or validate your next big decision with confidence.