ZIP 43224 - 860Z200US43224 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 43224, located in the Columbus, Ohio area, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ve compiled key metrics on population, income, housing, and diversity to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re looking for an affordable home, a rental market to invest in, or a customer base to target, understanding ZIP 43224’s profile is the first step.

Population & Households

ZIP 43224 is home to a substantial population of 44,096 residents, making it a vibrant and active community. These individuals are distributed across 17,556 households, reflecting a mix of family sizes and living arrangements. With 19,238 total housing units in the area, there’s a noticeable gap between available units and occupied households, which could indicate opportunities for renters or investors looking to fill vacant properties. This population density suggests a bustling area with potential for both residential and commercial growth.

Income & Housing Costs

The median household income in ZIP 43224 stands at $50,934, which positions the area as a moderately affordable place to live compared to national averages. For homebuyers, the median house value of $159,800 offers a relatively accessible entry point into homeownership, especially for first-time buyers or those seeking value in the Columbus metro area. Renters, on the other hand, face a median rent of $1,025 per month, which aligns with the income levels and suggests a balanced rental market for both tenants and landlords. These figures highlight ZIP 43224 as a practical choice for those balancing cost and opportunity.

Race & Ethnicity

ZIP 43224 boasts a diverse community, with a racial and ethnic composition that reflects a rich cultural tapestry. Black residents make up the largest group at 43.01%, followed closely by White residents at 38.56%. Hispanic or Latino individuals account for 10.28% of the population, while Asian residents represent 2.22%. This diversity can be a significant draw for businesses seeking a varied customer base or for families looking for an inclusive environment to call home. Understanding this mix is crucial for tailoring services, marketing, or community engagement strategies in the area.

Key Facts

• Total population: 44,096 residents, indicating a sizable community.
• Total households: 17,556, showing a strong residential base.
• Total housing units: 19,238, with potential vacancies for investors or renters.
• Median household income: $50,934, reflecting moderate affordability.
• Median house value: $159,800, an attractive price for homebuyers.
• Median rent: $1,025, suggesting a stable rental market.
• Diverse demographics: 43.01% Black, 38.56% White, 10.28% Hispanic, 2.22% Asian.

What This Means for You

For homebuyers, ZIP 43224 presents an opportunity to purchase at a median value of $159,800, which is appealing for those entering the market or seeking affordable options near Columbus. The diversity and population size also suggest a lively community with access to varied amenities and social networks. Real estate investors and agents can note the gap between housing units and households, potentially signaling vacant properties or rental demand, especially with a median rent of $1,025 that aligns with local incomes. Small-business owners will find a diverse customer base of over 44,000 residents, ideal for businesses that cater to a wide range of cultural preferences or needs. Finally, analysts can use these metrics to benchmark ZIP 43224 against other areas, identifying trends in affordability, diversity, or growth potential. This data equips you with the insights needed to act confidently, whether you’re buying, investing, or launching a venture.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 43224? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Input any ZIP code to access up-to-date population, housing, and income metrics tailored to your needs.
• Use the insights to compare areas, identify opportunities, and make data-driven decisions for your next move or investment.