ZIP 31794 - 860Z200US31794 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 31794 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in a vibrant area, this ZIP code offers a mix of affordability and diversity that appeals to a wide range of stakeholders. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and cultural composition. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about opportunities in 31794.

Population & Households

ZIP 31794 is home to a population of 27,185 individuals, making it a moderately sized community with a strong local presence. This population is distributed across 10,341 households, reflecting a diverse mix of family structures and living arrangements. The total number of housing units in the area stands at 11,748, indicating a slight surplus of available properties compared to occupied households. This balance suggests potential opportunities for homebuyers or investors looking to enter the market in this region.

Income & Housing Costs

The median household income in ZIP 31794 is $44,569, which positions the area as an affordable place to live or invest compared to national averages. Housing costs align with this affordability, with a median house value of $111,900. For renters, the median monthly rent is $795, offering a cost-effective alternative to homeownership. These figures highlight 31794 as a market where both buyers and renters can find value, while investors may see potential for steady returns in a lower-cost housing environment.

Race & Ethnicity

The cultural fabric of ZIP 31794 is notably diverse, reflecting a blend of backgrounds that enrich the community. The racial composition includes 46.04% White residents, 36.51% Black residents, 1.1% Asian residents, and 11.96% Hispanic residents. This diversity creates a dynamic social environment, appealing to those who value inclusivity and varied perspectives. For businesses, this mix offers a broad customer base with unique needs and preferences, while homebuyers can expect a welcoming, multifaceted neighborhood.

Key Facts

• Total population: 27,185 residents, offering a robust community size.
• Total households: 10,341, indicating a mix of family and individual living arrangements.
• Total housing units: 11,748, suggesting availability for new occupants or investors.
• Median household income: $44,569, reflecting an accessible cost of living.
• Median house value: $111,900, positioning 31794 as an affordable housing market.
• Median rent: $795 per month, providing budget-friendly rental options.
• Diverse demographics: 46.04% White, 36.51% Black, 1.1% Asian, and 11.96% Hispanic.

What This Means for You

For homebuyers, ZIP 31794 offers an affordable entry point into homeownership with a median house value of $111,900, well below many national benchmarks. The availability of housing units (11,748 total) compared to households (10,341) suggests you may have room to negotiate or find a property that fits your needs. Renters can also benefit from reasonable costs, with a median rent of $795, making this area a practical choice for those not ready to buy.

Real estate investors and agents will find potential in the surplus of housing units and the lower median home values, which could translate to opportunities for rental properties or flips in a growing market. The diverse population also means a wide tenant pool with varying needs, enhancing rental demand.

Small-business owners can leverage the diverse demographics of 31794 to tailor products or services to a broad audience. With a population of over 27,000 and a median income of $44,569, there’s a sizable market for affordable, community-focused offerings. Analysts can use these metrics to benchmark 31794 against other regions, identifying trends in affordability and diversity that could influence future growth.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 31794? 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 specific interests.
• Use the insights to compare markets, identify opportunities, and make data-driven decisions for your home, investment, or business plans.