ZIP 35244 - 860Z200US35244 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 35244, located in the Birmingham-Hoover metro area of Alabama, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ll break down key metrics like population, income, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, agent, small-business owner, or analyst, these insights provide a foundation for understanding the dynamics of 35244.

Population & Households

ZIP 35244 is home to a population of 36,775 residents, making it a moderately sized community with a suburban feel. This area supports 14,381 households, reflecting a strong base of families and individuals. With 15,189 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking for opportunities. The balance between population and housing suggests a stable community with room for growth.

Income & Housing Costs

One of the standout metrics for ZIP 35244 is its median household income of $114,172, which positions this area as an affluent pocket within the broader region. This income level suggests a community with significant purchasing power, appealing to businesses and retailers. On the housing front, the median home value stands at $390,900, reflecting a robust real estate market that could attract buyers seeking long-term value or investors eyeing appreciation. For renters, the median rent is $1,413 per month, indicating a competitive rental market that aligns with the area’s higher income bracket. These figures highlight 35244 as a financially strong community with housing costs that match its economic profile.

Race & Ethnicity

The demographic makeup of ZIP 35244 offers a glimpse into its cultural diversity. The population is predominantly White at 69.97%, followed by Black residents at 17.32%. Asian individuals make up 4.79%, and Hispanic or Latino residents account for 4.95%. This mix suggests a community with a majority White population but with meaningful representation from other racial and ethnic groups. For businesses and investors, this diversity can translate into varied consumer needs and cultural opportunities, while homebuyers may appreciate the blend of perspectives in the neighborhood.

Key Facts

• Total population: 36,775 residents, offering a sizable community for engagement.
• Total households: 14,381, indicating a strong residential base.
• Median household income: $114,172, reflecting significant economic strength.
• Median home value: $390,900, suggesting a valuable real estate market.
• Median rent: $1,413, pointing to a competitive rental landscape.
• Racial composition: 69.97% White, 17.32% Black, 4.79% Asian, 4.95% Hispanic.
• Total housing units: 15,189, with a small surplus over occupied households.

What This Means for You

For homebuyers, ZIP 35244 presents a promising opportunity to invest in a community with a high median home value of $390,900 and a stable, affluent population. The slight surplus of housing units could mean less competition for available homes, though the price point reflects the area’s desirability. Real estate investors and agents will find the strong median income of $114,172 and home values indicative of a market with potential for returns, especially for long-term holdings or rental properties at a median rent of $1,413. Small-business owners can leverage the area’s economic strength and diverse demographic profile to target a range of customers, from families to professionals, with disposable income. Analysts studying suburban trends will note 35244’s balance of population density, diversity, and financial metrics as a case study in thriving community dynamics. Across all groups, this ZIP code offers a blend of stability and opportunity worth exploring.

Run This Study Yourself

• Curious about diving deeper into ZIP 35244 or comparing it with other areas? Start by visiting ZipcodeGPT for a user-friendly platform to analyze demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your needs as a buyer, investor, or business owner.
• Use the insights to make data-driven decisions, whether you’re scouting a new home, planning a business, or researching market trends.