ZIP 43202 - 860Z200US43202 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 43202 in Columbus, Ohio, as a place to live, invest, or start a business, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the area’s population, income levels, housing costs, and cultural diversity. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about opportunities in 43202.

Population & Households

ZIP code 43202 is home to a population of 20,059 residents. This mid-sized community is spread across 9,521 households, indicating a mix of family and individual living arrangements. With 10,055 total housing units in the area, there’s a slight surplus of properties compared to occupied households, which could suggest availability for new residents or investors looking to enter the market. This balance between population and housing units offers a glimpse into the area’s density and potential for growth.

Income & Housing Costs

The median household income in ZIP 43202 stands at $65,689, reflecting a moderate earning capacity for residents. This income level supports a housing market where the median home value is $317,000—a figure that positions 43202 as a potentially accessible yet appreciating area for homebuyers or investors. For renters, the median monthly rent is $1,170, which aligns with the income levels and suggests a balanced cost of living for those not ready to buy. These financial metrics provide a foundation for understanding affordability and investment potential in this ZIP code.

Race & Ethnicity

The demographic makeup of ZIP 43202 showcases a diverse yet predominantly white population, with 74.84% identifying as white. Other notable groups include Asian residents at 10.97%, Black residents at 4.73%, and Hispanic or Latino individuals at 4.26%. This diversity, while not evenly distributed, indicates a community with varied cultural influences, which can be a draw for businesses catering to different backgrounds or families seeking inclusive environments. Understanding this composition helps stakeholders anticipate community needs and market dynamics.

Key Facts

• Total population: 20,059 residents in ZIP 43202 as of 2023.
• Total households: 9,521, reflecting a mix of living arrangements.
• Total housing units: 10,055, suggesting some availability for new occupants.
• Median household income: $65,689, indicating moderate earning power.
• Median home value: $317,000, a competitive price point for buyers.
• Median rent: $1,170 per month, aligning with local income levels.
• Racial diversity: Predominantly white (74.84%), with Asian (10.97%) and other groups present.

What This Means for You

For homebuyers, ZIP 43202 offers a median home value of $317,000, which, paired with a median income of $65,689, suggests a market that’s within reach for many middle-income families or individuals. The slight surplus of housing units could mean less competition for properties, providing an opportunity to negotiate or find the right fit.

For investors and real estate agents, the data points to potential in both buying and renting markets. With a median rent of $1,170 and available housing units, rental properties could yield steady returns, especially in a community with growing diversity and a solid income base. The home value also indicates room for appreciation over time.

For small-business owners, the diverse population of 20,059 offers a varied customer base, while the income levels suggest disposable income for goods and services. The cultural mix, especially with a notable Asian population, could inspire niche offerings or targeted marketing strategies to stand out.

For analysts, these metrics provide a baseline for deeper research into trends like housing occupancy rates or income growth, helping to predict future market shifts in 43202.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 43202? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, income, and housing insights tailored to your needs.
• Use the detailed reports to inform your next move, whether you’re buying a home, investing, or planning a business in the area.