ZIP 43614 - 860Z200US43614 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 43614, located in the Toledo, Ohio area, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing costs, and racial composition in this community. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about living, working, or investing in ZIP 43614.

Population & Households

ZIP 43614 is home to a population of 29,396 residents, making it a moderately sized community with a diverse mix of individuals and families. These residents are distributed across 14,083 households, reflecting a strong base of local families and individuals. With 14,651 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could indicate opportunities for buyers or renters looking to settle in this area.

Income & Housing Costs

The median household income in ZIP 43614 stands at $57,253, positioning it as a middle-income community. This income level suggests a stable economic base for many residents, which can be attractive for businesses targeting local consumers. On the housing front, the median house value is $160,600, offering relatively affordable homeownership opportunities compared to national averages. For renters, the median rent is $887 per month, which aligns with the income levels and provides a cost-effective option for those not ready to buy. These figures highlight ZIP 43614 as a potentially accessible market for both homebuyers and investors seeking value.

Race & Ethnicity

The racial and ethnic composition of ZIP 43614 reflects a diverse yet predominantly white community. Approximately 66.57% of residents identify as white, while 20.87% identify as Black, 1.67% as Asian, and 7.48% as Hispanic. This diversity can enrich the cultural fabric of the area, offering a blend of perspectives and experiences. For businesses and investors, this mix may translate into varied consumer needs and opportunities to cater to a broad audience.

Key Facts

• Total population: 29,396 residents in ZIP 43614.
• Total households: 14,083, indicating a strong residential base.
• Total housing units: 14,651, with a small surplus of available homes.
• Median household income: $57,253, reflecting a middle-income community.
• Median house value: $160,600, suggesting affordability for buyers.
• Median rent: $887, an accessible option for renters.
• Racial composition: 66.57% white, 20.87% Black, 1.67% Asian, 7.48% Hispanic.

What This Means for You

For homebuyers, ZIP 43614 offers a promising mix of affordability and community size. With a median house value of $160,600 and reasonable rent at $887, this area could be ideal for first-time buyers or those seeking cost-effective housing near Toledo. The slight surplus of housing units may also mean less competition when searching for a home.

For real estate investors and agents, the data points to potential in both rental and sales markets. The median income of $57,253 supports a stable tenant base, while the diversity of the population could attract a wide range of buyers or renters. The housing unit surplus might also present opportunities for flipping or long-term rental investments.

For small-business owners, the population of nearly 30,000 and diverse demographic makeup suggest a solid customer base with varied needs. The middle-income level indicates disposable income for goods and services, making ZIP 43614 a viable location for retail, dining, or service-based businesses.

For analysts, these metrics provide a foundation for deeper research into economic trends, housing demand, and community growth potential in this region. The balance of income, housing costs, and diversity offers a snapshot of stability with room for development.

Run This Study Yourself

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