ZIP 42420 - 860Z200US42420 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 42420, understanding the local demographics and housing landscape is essential. Located in a vibrant community, this area offers a mix of opportunities for homebuyers, real estate investors, small-business owners, and analysts. Using the latest 2023 data, this snapshot provides a clear picture of population trends, income levels, housing costs, and cultural diversity in ZIP 42420. Let’s dive into the numbers to help you make informed decisions.

Population & Households

ZIP 42420 is home to a population of 38,434 residents, making it a moderately sized community with a strong local presence. This population is distributed across 16,032 households, reflecting a solid base of families and individuals. With 17,316 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking to enter the market. These figures suggest a stable community with room for growth, ideal for those seeking a balance between suburban calm and access to local amenities.

Income & Housing Costs

The median household income in ZIP 42420 stands at $56,661, positioning it as a middle-income area where residents enjoy a reasonable standard of living. For homebuyers and investors, the median house value of $164,800 offers an accessible entry point compared to many urban markets, potentially appealing to first-time buyers or those seeking affordable investment properties. Renters, on the other hand, face a median rent of $792 per month, which is relatively moderate and could attract tenants looking for cost-effective housing options. These financial metrics highlight ZIP 42420 as a practical choice for diverse economic needs.

Race & Ethnicity

The demographic makeup of ZIP 42420 reflects a predominantly white population at 83.4%, with smaller but significant representation from other groups. Black residents account for 7.63% of the population, while Hispanic individuals make up 3.67%. The Asian community is smaller, comprising just 0.27% of residents. This composition suggests a community with a strong cultural core and emerging diversity, which could influence local businesses, schools, and community initiatives. Understanding this mix can help tailor services or marketing strategies to resonate with the area’s residents.

Key Facts

• Total population: 38,434 residents, offering a robust community base.
• Total households: 16,032, indicating a strong family and individual presence.
• Total housing units: 17,316, suggesting potential availability for new occupants.
• Median household income: $56,661, reflecting a middle-income economic profile.
• Median house value: $164,800, an accessible price point for buyers and investors.
• Median rent: $792, a moderate cost for renters in the area.
• Racial composition: 83.4% white, 7.63% black, 3.67% Hispanic, 0.27% Asian.

What This Means for You

For homebuyers, ZIP 42420 presents an opportunity to purchase at a median value of $164,800, which is competitive for those entering the housing market or seeking a cost-effective upgrade. The slight surplus of housing units (17,316 total versus 16,032 households) may mean less competition for available properties. Investors and real estate agents can leverage this data to identify potential rental demand, especially with a median rent of $792 that could attract steady tenants in a middle-income area. Small-business owners should note the population size of 38,434 and the cultural composition, tailoring offerings to a predominantly white demographic while considering the needs of growing minority groups. Analysts can use these metrics to benchmark ZIP 42420 against neighboring areas, identifying trends in income, housing, or diversity that signal future growth or challenges. This data equips you with a foundation to act strategically, whether you’re settling down, investing, or launching a venture.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 42420? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Input any ZIP code to access up-to-date insights on population, income, housing costs, and more, tailored to your needs.
• Use the detailed reports to compare areas, spot opportunities, and make data-driven decisions for your next move or investment.