ZIP 43302 - 860Z200US43302 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 43302 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in a vibrant area, this ZIP code offers a mix of affordability and opportunity. With a population of over 54,000 and a median household income of $53,833, this region presents a stable community for families, investors, and entrepreneurs alike. In this detailed snapshot, we break down the key metrics for 2023, providing actionable insights to help you make informed decisions about living, investing, or operating a business in 43302.

Population & Households

ZIP 43302 is home to a sizable population of 54,581 residents, making it a bustling area with a strong community presence. This population is distributed across 20,173 households, reflecting a diverse mix of family structures and living arrangements. Whether you're a homebuyer looking for a neighborhood with a sense of community or a small-business owner seeking a customer base, the scale of this population offers significant potential. Additionally, with 22,483 total housing units in the area, there’s a notable inventory to explore for prospective buyers or real estate investors.

Income & Housing Costs

Financial metrics are a critical factor when evaluating any area, and ZIP 43302 provides a balanced economic profile. The median household income stands at $53,833, indicating a moderate earning capacity for residents. This income level suggests that many households have the means to support local businesses while maintaining a reasonable cost of living. On the housing front, the median home value is $139,700, which positions 43302 as an affordable option compared to many urban markets. For renters, the median rent is $853 per month, offering a cost-effective alternative to homeownership. These figures make the area attractive for first-time buyers, investors seeking value, and businesses targeting middle-income consumers.

Race & Ethnicity

Understanding the cultural composition of an area can help tailor decisions for homebuyers, businesses, and investors. In ZIP 43302, the racial and ethnic breakdown shows a predominantly white population at 84.88%. Other groups include Black residents at 5.83%, Hispanic or Latino individuals at 3.42%, and Asian residents at 0.66%. This demographic mix reflects a community with a strong majority identity, yet with enough diversity to support varied cultural needs and business opportunities. For small-business owners, this data can inform product offerings or marketing strategies to resonate with the local population.

Key Facts

• Total population: 54,581 residents, indicating a robust community size.
• Total households: 20,173, showcasing a mix of family and individual living arrangements.
• Total housing units: 22,483, providing a solid inventory for buyers and investors.
• Median household income: $53,833, reflecting moderate economic stability.
• Median home value: $139,700, an affordable entry point for homeownership.
• Median rent: $853, a reasonable cost for renters in the area.
• Racial composition: 84.88% white, 5.83% Black, 3.42% Hispanic, 0.66% Asian.

What This Means for You

For homebuyers, ZIP 43302 offers an affordable path to homeownership with a median home value of $139,700, well below many national averages. The sizable population and household count suggest a stable, community-driven environment ideal for families or individuals seeking connection. Investors and real estate agents will find opportunity in the 22,483 housing units, with potential for both rental and resale markets given the moderate median rent of $853. The income level of $53,833 indicates a reliable tenant base or buyer pool. Small-business owners can leverage the population of over 54,000 to build a customer base, particularly by catering to the needs of the majority demographic while exploring niche markets within the diverse segments. Analysts can use these metrics to benchmark 43302 against other ZIP codes for broader market studies, identifying trends in affordability and growth potential.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 43302? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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