ZIP 43062 - 860Z200US43062 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 43062, understanding the area’s demographic and housing landscape is essential. Located in a dynamic region, this ZIP code offers a blend of suburban appeal and economic strength. With a population of over 31,000 and a median household income surpassing $100,000, ZIP 43062 stands out as a promising area for homebuyers, real estate investors, small-business owners, and analysts. This article breaks down the latest 2023 data to provide clear, actionable insights into what makes this area unique.

Population & Households

ZIP 43062 is home to 31,822 residents, making it a moderately sized community with a strong residential base. These individuals are distributed across 11,407 households, reflecting a vibrant and active population. The total number of housing units in the area is 11,979, indicating a slight surplus of available homes compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

One of the standout features of ZIP 43062 is its economic stability, evidenced by a median household income of $100,450. This figure points to a relatively affluent community with significant purchasing power, which can be a draw for businesses targeting middle- to upper-income customers. On the housing front, the median home value is $292,100, reflecting a robust real estate market that could appeal to buyers seeking long-term value or investors looking for appreciation potential. For renters, the median rent stands at $1,334 per month, which aligns with the area’s income levels and suggests a competitive rental market for landlords and tenants alike.

Race & Ethnicity

The demographic makeup of ZIP 43062 offers a glimpse into its cultural diversity. The population is predominantly White at 79.06%, with smaller but notable shares of Black (4.91%), Asian (8.41%), and Hispanic (4.11%) residents. This composition indicates a primarily homogeneous community with growing diversity, which can influence local culture, business offerings, and community dynamics. For businesses and investors, understanding this mix can help tailor services or marketing strategies to resonate with the area’s residents.

Key Facts

• Total population: 31,822 residents, offering a sizable community for engagement.
• Total households: 11,407, indicating a strong base of family and individual units.
• Total housing units: 11,979, with a small surplus of available properties.
• Median household income: $100,450, reflecting economic strength and consumer potential.
• Median home value: $292,100, suggesting a solid real estate investment opportunity.
• Median rent: $1,334, competitive for the income levels in the area.
• Racial composition: 79.06% White, 8.41% Asian, 4.91% Black, and 4.11% Hispanic, showing moderate diversity.

What This Means for You

For homebuyers, ZIP 43062 presents a compelling case with its median home value of $292,100 and a slight surplus of housing units. This could mean more options to find a property that fits your needs, especially in a community with strong income levels. Real estate investors and agents will find the area’s economic indicators—high median income and home values—suggestive of stable demand and potential for returns, whether through rentals at $1,334 median rent or property appreciation. Small-business owners can leverage the area’s 31,822 residents and their $100,450 median income to target a customer base with disposable income, particularly in sectors like retail, dining, or professional services. Analysts studying market trends will appreciate the demographic diversity and housing data as a foundation for deeper research into growth patterns or investment risks in ZIP 43062.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 43062? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Input any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to make informed decisions, whether you’re buying a home, investing in property, or planning a business venture.