ZIP 35023 - 860Z200US35023 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 35023 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic Alabama community, this area offers a blend of affordability and diversity that appeals to a wide range of stakeholders. With a population of over 25,000 and a median household income of nearly $70,000, ZIP 35023 presents opportunities for homebuyers, real estate investors, small-business owners, and analysts alike. In this snapshot, we dive into the 2023 data to provide clear, actionable insights about this region.

Population & Households

ZIP 35023 is home to 25,221 residents, making it a moderately sized community with a strong residential base. These individuals are distributed across 8,641 households, reflecting a vibrant and active population. The total number of housing units stands at 9,879, indicating a mix of occupied and available properties. This balance suggests potential for growth, whether you're looking to settle down or invest in rental properties. The household-to-population ratio also points to a community with a mix of family sizes, catering to diverse living arrangements.

Income & Housing Costs

Financial stability is a key consideration for anyone eyeing ZIP 35023. The median household income here is $69,288, which positions the area as a solid middle-income community. This income level supports a comfortable lifestyle while offering room for savings or investment. On the housing front, the median home value is $153,400—a figure that signals affordability compared to many urban markets. For renters, the median rent is $1,216 per month, which aligns with the income levels and provides options for those not ready to buy. These metrics make ZIP 35023 an attractive spot for first-time buyers and investors seeking value.

Race & Ethnicity

Diversity is a defining feature of ZIP 35023, with a racial and ethnic composition that reflects a multifaceted community. The population identifies as 58.4% White, 30.44% Black, 0.39% Asian, and 7.08% Hispanic. This mix fosters a culturally rich environment, which can be a draw for families, businesses, and investors looking to engage with a varied customer or client base. Understanding this demographic breakdown can help tailor business offerings or community involvement strategies to resonate with local residents.

Key Facts

• Total population: 25,221 residents in ZIP 35023.
• Total households: 8,641, supporting a range of family structures.
• Total housing units: 9,879, with opportunities for occupancy or investment.
• Median household income: $69,288, indicative of a stable economic base.
• Median home value: $153,400, offering affordability for buyers.
• Median rent: $1,216, providing reasonable costs for renters.
• Racial diversity: 58.4% White, 30.44% Black, 0.39% Asian, 7.08% Hispanic.

What This Means for You

For homebuyers, ZIP 35023 offers a compelling mix of affordability and community size. With median home values at $153,400, entering the housing market here is within reach for many, especially first-time buyers or those relocating from pricier areas. Investors and real estate agents will note the spread between occupied households (8,641) and total housing units (9,879), which hints at potential for rental properties or flips in a growing market. Small-business owners can leverage the diverse population of 25,221 and the solid median income of $69,288 to target a wide customer base with disposable income. Analysts can use these metrics to benchmark ZIP 35023 against neighboring areas, identifying trends in housing demand or economic stability. Whether you're buying, investing, or building a business, this data equips you to make informed decisions.

Run This Study Yourself

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