ZIP 30040 - 860Z200US30040 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP code 30040, located in the vibrant Forsyth County area of Georgia, this demographic and housing snapshot offers a clear picture of the community in 2023. With a sizable 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 break down the key metrics to help you understand what makes ZIP 30040 stand out.

Population & Households

ZIP 30040 is home to a robust population of 79,580 residents, making it a dynamic and growing community. This area supports 26,656 households, reflecting a strong base of families and individuals. With 27,642 total housing units, there’s a slight surplus of available homes, which could indicate opportunities for buyers or investors looking to enter the market. The population density and household composition suggest a bustling yet manageable suburban environment, ideal for those seeking a balance between urban amenities and residential comfort.

Income & Housing Costs

One of the standout features of ZIP 30040 is its impressive median household income of $133,028, which points to a financially stable and affluent community. This income level supports a strong local economy, benefiting small businesses and attracting professionals. On the housing front, the median home value stands at $474,400, reflecting a competitive real estate market with significant investment potential. For renters, the median rent is $1,883 per month, indicating a premium rental market that aligns with the area’s higher income and property values. These figures suggest that ZIP 30040 is a place where quality of life and economic opportunity intersect.

Race & Ethnicity

The cultural fabric of ZIP 30040 is notably diverse, offering a welcoming environment for a wide range of residents. The racial and ethnic composition includes 65.15% White, 3.87% Black, 13.24% Asian, and 11.91% Hispanic individuals. This diversity enriches the community, fostering a blend of perspectives and traditions that can appeal to families, businesses, and investors alike. For small-business owners, this mix presents opportunities to cater to varied customer needs, while homebuyers may appreciate the inclusive atmosphere.

Key Facts

• Total population: 79,580 residents, indicating a sizable and active community.
• Total households: 26,656, supporting a strong residential base.
• Total housing units: 27,642, suggesting potential availability for new buyers or renters.
• Median household income: $133,028, reflecting economic strength and purchasing power.
• Median home value: $474,400, pointing to a high-value real estate market.
• Median rent: $1,883, aligning with the area’s premium housing costs.
• Diverse demographics: 65.15% White, 13.24% Asian, 11.91% Hispanic, and 3.87% Black.

What This Means for You

For homebuyers, ZIP 30040 offers a high-quality living environment backed by strong median incomes and home values. The median home price of $474,400 indicates a market where properties hold value, but it also means you’ll need to budget accordingly for a competitive purchase. The slight surplus of housing units could provide some negotiation leverage if timed right.

For real estate investors and agents, the combination of high home values and a median rent of $1,883 suggests strong potential for rental income or property appreciation. The area’s population size and income levels indicate sustained demand, making it a solid choice for long-term investments.

For small-business owners, the affluent and diverse population of ZIP 30040 offers a promising customer base. With a median household income of $133,028, residents have disposable income to spend on goods and services, while the cultural diversity allows for niche markets and tailored offerings.

For analysts, these metrics provide a foundation for deeper market studies, whether you’re evaluating housing trends, economic stability, or demographic shifts. The data paints a picture of a thriving suburban hub with room for growth.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 30040? 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, and more, tailored to your needs.
• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business venture.