ZIP 43402 - 860Z200US43402 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 43402, understanding the local demographics and housing landscape is essential. Located in a vibrant area with a population of over 31,000, this ZIP code offers a mix of residential stability and economic potential. This snapshot, based on 2023 data, breaks down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the numbers for ZIP 43402 and uncover what they mean for you.

Population & Households

ZIP 43402 is home to a population of 31,538 individuals, making it a moderately sized community with a diverse range of needs and opportunities. These residents are spread across 14,179 households, reflecting a strong base of families, singles, and retirees. With 14,784 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate availability for new residents or investors looking to enter the market. This balance suggests a stable residential environment, ideal for those seeking a place to settle or grow.

Income & Housing Costs

The median household income in ZIP 43402 stands at $56,245, positioning it as a community with moderate earning power. This income level supports a range of lifestyles and can attract businesses catering to middle-income consumers. On the housing front, the median home value is $230,500, offering a reasonably accessible entry point for homebuyers compared to pricier markets. For renters, the median rent is $875 per month, providing an affordable alternative to homeownership. These figures highlight ZIP 43402 as a practical choice for those balancing cost with quality of living.

Race & Ethnicity

The demographic makeup of ZIP 43402 reflects a predominantly White population at 85.19%, with smaller but notable representation from other groups. Black residents account for 3.18%, Asian residents make up 0.92%, and Hispanic or Latino individuals comprise 6.61% of the population. This composition suggests a community with a strong cultural foundation, alongside growing diversity that could influence local businesses, schools, and community services. Understanding this mix is crucial for anyone looking to connect with or serve the residents of this area.

Key Facts

• Total population: 31,538 residents in ZIP 43402.
• Total households: 14,179, supporting a mix of family and individual living arrangements.
• Total housing units: 14,784, indicating potential availability for new occupants.
• Median household income: $56,245, reflecting a middle-income community.
• Median home value: $230,500, accessible for many prospective buyers.
• Median rent: $875, offering an affordable renting option.
• Racial composition: 85.19% White, 6.61% Hispanic, 3.18% Black, 0.92% Asian.

What This Means for You

For homebuyers, ZIP 43402 presents an attractive opportunity with a median home value of $230,500 and a slight surplus of housing units. This could mean less competition and more options to find a property that fits your budget and needs. Real estate investors and agents might see potential in the gap between housing units and households, suggesting room for rental properties or flips, especially with a median rent of $875 that appeals to a broad tenant base. Small-business owners can leverage the moderate median income of $56,245 to target products and services for middle-income consumers, while the growing diversity (notably 6.61% Hispanic) offers a chance to cater to varied cultural preferences. Analysts can use these metrics to assess market trends, housing demand, and economic stability in this area. Whether you’re buying, investing, or building a business, ZIP 43402 offers a balanced foundation to start from.

Run This Study Yourself

Want to explore ZIP 43402 or another area in greater depth? Follow these simple steps to get tailored insights:

• Visit ZipcodeGPT to access powerful demographic and housing analysis tools.
• Enter the ZIP code of interest to pull up the latest data and trends.
• Use the detailed breakdowns to inform your homebuying, investment, or business decisions with confidence.