ZIP 44004 - 860Z200US44004 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 44004 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a mix of affordability and diversity that appeals to a wide range of stakeholders. With a population of over 31,000 and a median household income of nearly $50,000, this region presents unique opportunities and challenges. In this detailed snapshot, we break down the 2023 data to provide clear, actionable insights for homebuyers, real estate investors, agents, small-business owners, and analysts.

Population & Households

ZIP 44004 is home to a population of 31,076 residents, making it a moderately sized community with a robust local market. These individuals are distributed across 13,138 households, reflecting a diverse range of family structures and living arrangements. The total number of housing units stands at 15,262, indicating a slight surplus of available properties compared to occupied households. This gap could signal opportunities for buyers or investors looking to enter the market, as well as potential rental demand for landlords.

Income & Housing Costs

The median household income in ZIP 44004 is $49,507, which provides a solid economic foundation for many residents. This income level suggests a community with moderate purchasing power, relevant for businesses targeting local consumers. On the housing front, the median home value is $120,300, positioning this area as relatively affordable compared to national averages. For renters, the median monthly rent is $813, offering a cost-effective alternative to homeownership. These figures highlight ZIP 44004 as a potentially attractive market for first-time buyers or investors seeking value-driven opportunities.

Race & Ethnicity

The demographic makeup of ZIP 44004 reflects a predominantly White population at 78.84%, with smaller but significant representation from other groups. Black residents account for 5.8% of the population, while Hispanic or Latino individuals make up 9.1%. Asian residents represent a smaller share at 0.67%. This diversity can enrich the cultural fabric of the community, offering businesses and service providers a chance to cater to varied needs and preferences. For investors and agents, understanding this composition can help tailor marketing strategies or community engagement efforts.

Key Facts

• Total population: 31,076 residents, indicating a sizable community with potential for growth.
• Total households: 13,138, reflecting a mix of family and individual living arrangements.
• Total housing units: 15,262, suggesting some availability for new occupants or investors.
• Median household income: $49,507, supporting moderate economic stability.
• Median home value: $120,300, offering affordability for prospective buyers.
• Median rent: $813 per month, appealing to renters seeking cost-effective options.
• Racial diversity: 78.84% White, 9.1% Hispanic, 5.8% Black, and 0.67% Asian, showcasing a varied community.

What This Means for You

For homebuyers, ZIP 44004 offers an affordable entry point into homeownership with a median home value of $120,300. The surplus of housing units compared to households suggests you may have room to negotiate or find a property that fits your needs. Investors and agents can capitalize on the gap between housing units and households, potentially identifying rental or flip opportunities in a market with reasonable price points. The moderate median income indicates a stable tenant base for rental properties. Small-business owners will find a diverse customer pool of over 31,000 residents, with income levels that support discretionary spending on local goods and services. Tailoring offerings to the cultural diversity of the area could enhance community connection. Analysts can use this data as a baseline to track trends in housing availability, income growth, or demographic shifts over time in ZIP 44004.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 44004? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your specific interests.
• Use the insights to make informed decisions, whether you're buying a home, investing in property, or planning a business expansion.