ZIP 43055 - 860Z200US43055 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 43055, located in the 860Z200US43055 area, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, offers a clear view of the population, income levels, housing costs, and racial composition in this community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about living, working, or investing in ZIP 43055.

Population & Households

ZIP 43055 is home to a substantial population of 62,697 residents, making it a vibrant and sizable community. These individuals are distributed across 25,098 households, reflecting a mix of family structures and living arrangements. With 27,046 total housing units in the area, there’s a modest buffer of available properties beyond the occupied households, which could indicate opportunities for growth or turnover in the housing market. This balance suggests a stable yet dynamic residential environment for those looking to settle or invest in ZIP 43055.

Income & Housing Costs

The median household income in ZIP 43055 stands at $61,807, providing a solid economic foundation for many residents. This income level supports a range of lifestyles and purchasing power, which is crucial for small businesses targeting local consumers. On the housing front, the median home value is $185,300, offering a relatively accessible entry point for homebuyers compared to higher-cost regions. For renters, the median rent is $920 per month, which aligns reasonably with the area’s income levels, making rental options viable for a diverse group of residents. These figures paint a picture of affordability and opportunity in ZIP 43055’s real estate market.

Race & Ethnicity

The demographic makeup of ZIP 43055 is predominantly White, with 89.45% of the population identifying as such. Black residents account for 2.56%, while Asian residents make up 0.76% of the population. Additionally, 2.18% of the population identifies as Hispanic. This composition reflects a largely homogeneous community with smaller but notable diversity. For businesses and investors, understanding this breakdown can help tailor services, marketing strategies, or community engagement efforts to resonate with the majority while addressing the needs of minority groups in ZIP 43055.

Key Facts

• Total population: 62,697 residents, indicating a sizable community with diverse needs.
• Total households: 25,098, showing a strong base of local families and individuals.
• Total housing units: 27,046, suggesting some availability for new residents or investors.
• Median household income: $61,807, reflecting a stable economic environment.
• Median home value: $185,300, offering affordability for potential buyers.
• Median rent: $920, providing reasonable costs for renters in the area.
• Racial composition: 89.45% White, 2.56% Black, 0.76% Asian, 2.18% Hispanic, highlighting the area’s demographic profile.

What This Means for You

For homebuyers, ZIP 43055 presents an attractive option with a median home value of $185,300, which is within reach for many middle-income families or individuals earning around the area’s median income of $61,807. The availability of housing units beyond current households also suggests room for new residents without intense competition. Real estate investors and agents can find value in this market, as the balance of occupied and total housing units hints at potential for rental properties or flips, especially with a median rent of $920 that appeals to a broad tenant base. Small-business owners should note the sizable population and stable income levels, which support consistent local demand for goods and services—particularly those catering to a predominantly White demographic while considering niche opportunities for diverse groups. Analysts can use this data as a benchmark to track trends in housing affordability or demographic shifts in ZIP 43055 over time, aiding strategic planning for clients or organizations.

Run This Study Yourself

• Curious about diving deeper into ZIP 43055 or exploring another area? Start by visiting ZipcodeGPT for a user-friendly platform to access detailed demographic and housing data.
• Input any ZIP code of interest to generate a comprehensive report tailored to your needs, whether for personal, investment, or business purposes.
• Use the insights to compare markets, identify opportunities, and make data-driven decisions with confidence.