ZIP 42718 - 860Z200US42718 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 42718 for your next home, investment property, or business location, 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. In this snapshot, we dive into the latest 2023 data for ZIP 42718, covering population, income, housing costs, and racial composition to help you make informed decisions. Let’s explore what makes this area unique and how it can align with your goals.

Population & Households

ZIP 42718 is home to a population of 26,461 residents, making it a moderately sized community with a strong local presence. These individuals are distributed across 10,180 households, reflecting a diverse mix of family structures and living arrangements. With 11,289 total housing units in the area, there’s a notable supply of homes, though not all are occupied. This balance of population and housing suggests a stable community with room for growth, appealing to those looking to settle or invest in a well-established area.

Income & Housing Costs

Financial metrics are a critical factor when evaluating any ZIP code, and 42718 offers a solid economic foundation. The median household income here is $60,764, indicating a community with moderate earning power that can support local businesses and sustain housing demand. On the housing front, the median home value stands at $164,900, which positions this area as relatively affordable compared to many national markets. For renters, the median rent is $688 per month, offering a cost-effective alternative to homeownership. These figures highlight ZIP 42718 as a practical choice for buyers and investors seeking value without sacrificing quality of life.

Race & Ethnicity

Understanding the cultural makeup of a community can provide valuable context for residents and businesses alike. In ZIP 42718, the population is predominantly White, accounting for 89.06% of residents. Black or African American individuals make up 4.55%, while Asian residents represent 0.84%. Additionally, 2.88% of the population identifies as Hispanic or Latino. This demographic profile reflects a largely homogeneous community with smaller but notable diversity, which can influence local culture, business offerings, and community dynamics.

Key Facts

• Total population in ZIP 42718: 26,461 residents.
• Total households: 10,180, supporting a mix of family and individual living arrangements.
• Total housing units: 11,289, with some vacancy offering potential for growth.
• Median household income: $60,764, reflecting moderate economic stability.
• Median home value: $164,900, an accessible entry point for buyers.
• Median rent: $688, providing affordable options for non-owners.
• Racial composition: 89.06% White, 4.55% Black, 0.84% Asian, 2.88% Hispanic.

What This Means for You

For homebuyers, ZIP 42718 presents an attractive opportunity to purchase a home at a median value of $164,900, which is within reach for many budgets, especially with a median household income of $60,764 supporting mortgage affordability. The availability of housing units also means you’re likely to find options that suit your needs. Real estate investors and agents can capitalize on the area’s stability and moderate pricing, with potential for rental income given the $688 median rent and a vacancy rate that suggests room for new tenants. Small-business owners will find a sizable population of over 26,000 to serve, with income levels that support discretionary spending on local goods and services. Finally, analysts can use this data to benchmark ZIP 42718 against neighboring areas, identifying trends in housing demand or demographic shifts. Whether you’re buying, investing, or building a business, this ZIP code offers a balanced foundation to achieve your objectives.

Run This Study Yourself

Curious to dive deeper into ZIP 42718 or compare it with another area? Uncover detailed insights tailored to your needs with these simple steps:

• Visit ZipcodeGPT to access powerful demographic and housing analysis tools.
• Enter any ZIP code to generate a comprehensive report with the latest data.
• Use the insights to inform your homebuying, investment, or business strategy with confidence.