ZIP 43420 - 860Z200US43420 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 43420, located in Fremont, Ohio, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of nearly 30,000 and a mix of housing options, this ZIP code presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you understand the community, economy, and housing landscape.

Population & Households

ZIP 43420 is home to 29,400 residents, making it a moderately sized community with a stable population base. This area supports 12,488 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 13,876, indicating a slight surplus of available homes compared to occupied households. This gap could signal opportunities for buyers or investors looking for properties in a less competitive market.

Income & Housing Costs

The median household income in ZIP 43420 is $62,802, which suggests a solid economic foundation for many residents. This income level supports a range of lifestyles and purchasing power, making the area attractive for businesses targeting middle-income consumers. On the housing front, the median home value is $142,400, offering affordability compared to national averages. For renters, the median rent is $824 per month, providing a cost-effective alternative to homeownership. These figures highlight ZIP 43420 as a budget-friendly option for those looking to settle or invest in real estate.

Race & Ethnicity

The demographic makeup of ZIP 43420 reflects a diverse yet predominantly white community. Approximately 75.88% of residents identify as white, while 14.45% identify as Hispanic, 5.27% as Black, and 0.7% as Asian. This diversity can enrich the cultural fabric of the area, offering businesses and community leaders a chance to cater to varied needs and preferences. Understanding this composition is key for tailoring services, marketing strategies, or community engagement efforts.

Key Facts

• Total population: 29,400 residents in 2023.
• Total households: 12,488, supporting a mix of family and solo living.
• Total housing units: 13,876, with some vacancy for potential buyers or renters.
• Median household income: $62,802, indicating a stable middle-income base.
• Median home value: $142,400, an affordable entry point for homeownership.
• Median rent: $824, a reasonable cost for renters in the area.
• Racial composition: 75.88% white, 14.45% Hispanic, 5.27% Black, 0.7% Asian.

What This Means for You

For homebuyers, ZIP 43420 offers an affordable path to homeownership with a median home value of $142,400. The slight surplus of housing units (13,876 total vs. 12,488 households) suggests you may have room to negotiate or find a property that fits your needs without intense competition. Renters can also benefit from a median rent of $824, which keeps housing costs manageable.

For investors and real estate agents, the data points to potential in both rental and purchase markets. With a stable population of 29,400 and a median income of $62,802, there’s a reliable tenant and buyer base. The vacancy in housing units could be an opportunity to acquire properties at reasonable prices for flipping or long-term rental income.

For small-business owners, the diverse demographic profile and middle-income households create a promising customer base. Whether you’re opening a retail store, service-based business, or restaurant, tailoring your offerings to the cultural diversity (notably the 14.45% Hispanic population) and income levels can help you connect with the community.

For analysts, these metrics provide a foundation for deeper market studies or trend analysis. The balance of affordability, diversity, and population size in ZIP 43420 makes it a compelling case study for regional economic or housing research.

Run This Study Yourself

• Curious about other ZIP codes or want updated data for ZIP 43420? Visit ZipcodeGPT to access powerful demographic and housing insights tailored to your needs.
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