ZIP 30024 - 860Z200US30024 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP code 30024, located in the vibrant Suwanee area of Georgia, this demographic and housing snapshot offers a clear picture of the community in 2023. With a substantial population, strong income levels, 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 data to uncover what makes ZIP 30024 stand out.

Population & Households

ZIP 30024 is home to a thriving population of 85,106 residents as of 2023. This sizable community is supported by 28,362 households, indicating a robust local base for businesses and services. The total number of housing units stands at 29,306, suggesting a slight surplus of available properties relative to occupied households. This balance could signal opportunities for buyers or investors looking to enter the market, as well as for businesses seeking a stable customer base.

Income & Housing Costs

One of the standout metrics for ZIP 30024 is its median household income of $139,918, reflecting a financially strong community. This high earning potential positions the area as attractive for premium services, retail, and real estate investments. On the housing front, the median home value is $491,400, indicating a competitive yet accessible market for buyers with solid budgets. For renters, the median rent is $1,872 per month, which aligns with the area’s higher income levels and suggests a demand for quality rental properties. These figures highlight ZIP 30024 as a place where financial stability meets housing opportunity.

Race & Ethnicity

The cultural diversity of ZIP 30024 adds to its appeal as a dynamic and inclusive community. The racial composition in 2023 breaks down as follows: 45.25% White, 10.9% Black, 33.64% Asian, and 6.02% Hispanic. This blend of backgrounds creates a rich social fabric, offering businesses a chance to cater to varied tastes and preferences. For families and individuals, it means a welcoming environment with diverse perspectives, schools, and community events. Understanding this mix can help investors and business owners tailor their strategies to resonate with local residents.

Key Facts

• Total population: 85,106 residents, providing a large and active community.
• Total households: 28,362, supporting a strong local economy.
• Total housing units: 29,306, with potential availability for new occupants.
• Median household income: $139,918, indicating significant purchasing power.
• Median home value: $491,400, reflecting a valuable real estate market.
• Median rent: $1,872, appealing to renters with higher budgets.
• Diverse demographics: 45.25% White, 33.64% Asian, 10.9% Black, 6.02% Hispanic.

What This Means for You

For homebuyers, ZIP 30024 offers a financially stable community with median home values around $491,400—a worthwhile investment if you’re seeking long-term growth in a diverse and thriving area. The slight surplus of housing units could mean less competition in certain segments of the market, so timing your purchase could yield a good deal.

For investors and real estate agents, the high median income of $139,918 suggests residents have the means to support premium properties or rental units at $1,872 per month. The population size and diversity also indicate a steady demand for housing, making this ZIP code a smart bet for rental income or property flips.

For small-business owners, the large population of 85,106 and diverse demographic makeup provide a broad customer base. Whether you’re in retail, dining, or services, tailoring offerings to cultural preferences—especially with a significant Asian population at 33.64%—could drive success. The high income levels also mean customers likely have disposable income for non-essential goods and services.

For analysts, these metrics offer a foundation for deeper market studies, from housing trends to consumer behavior. The balance of households to housing units and income-to-cost ratios are key starting points for forecasting growth in ZIP 30024.

Run This Study Yourself

• Curious about other areas or want updated data for ZIP 30024? Start by visiting ZipcodeGPT to access powerful demographic tools.
• Enter any ZIP code to generate a detailed snapshot like this one, tailored to your needs.
• Use the insights to make informed decisions for buying, investing, or launching a business with confidence.