ZIP 43123 - 860Z200US43123 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 43123, located in the Grove City area of Ohio, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ll break down population stats, household dynamics, income levels, housing costs, and racial composition. Whether you’re a homebuyer, real estate investor, agent, small-business owner, or analyst, these insights can help you make informed decisions about this vibrant area.

Population & Households

ZIP 43123 is home to a substantial population of 66,366 residents, making it a sizable community with diverse needs and opportunities. This population is spread across 26,547 households, indicating a strong residential base. The total number of housing units stands at 27,876, suggesting a slight surplus of available homes or rentals compared to occupied households. This balance could be a point of interest for buyers or investors looking for options in a well-populated area.

Income & Housing Costs

The median household income in ZIP 43123 is $87,883, reflecting a solid economic foundation for many families and individuals. This income level positions the area as a comfortable middle-to-upper-middle-class community, which can influence the types of businesses and services that thrive here. On the housing front, the median home value is $262,400, offering a relatively accessible entry point for buyers compared to pricier markets. For renters, the median rent is $1,279 per month, which aligns with the income levels and suggests a balanced rental market for those not ready to buy.

Race & Ethnicity

The demographic makeup of ZIP 43123 provides a window into the community’s diversity. The population is predominantly White at 83.86%, with smaller but notable percentages of Black (4.6%), Asian (2.09%), and Hispanic (4.77%) residents. This composition indicates a primarily homogeneous area with growing diversity, which can shape community dynamics, cultural offerings, and business opportunities. Understanding these demographics can help tailor services or investments to meet the needs of both majority and minority groups.

Key Facts

• Total population: 66,366 residents, indicating a robust community size.
• Total households: 26,547, showing a strong residential presence.
• Total housing units: 27,876, with a slight surplus over occupied households.
• Median household income: $87,883, suggesting economic stability.
• Median home value: $262,400, an accessible price point for many buyers.
• Median rent: $1,279, reflecting a balanced rental market.
• Racial composition: 83.86% White, 4.6% Black, 2.09% Asian, 4.77% Hispanic.

What This Means for You

For homebuyers, ZIP 43123 offers a promising mix of affordability and community size. With a median home value of $262,400, you can find properties that fit a moderate budget while enjoying a stable, family-friendly area with a population of over 66,000. The slight surplus of housing units (27,876 total) may also mean less competition in certain price brackets.

For investors and agents, the data points to potential in both buying and renting markets. The median rent of $1,279 suggests steady demand for rentals, while the income level of $87,883 indicates residents can support a range of property values. The population size and household count (26,547) further underscore a consistent demand for housing.

For small-business owners, this area’s demographics suggest a customer base with disposable income and varied needs. The predominantly White population with growing diversity (e.g., 4.77% Hispanic) means you can cater to a broad audience while exploring niche markets. The large population also supports businesses in retail, services, and dining.

For analysts, these metrics provide a foundation for deeper studies into economic trends, housing turnover, or community growth in ZIP 43123. The balance of income, housing costs, and population size offers a stable dataset for forecasting or comparative analysis.

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