ZIP 44035 - 860Z200US44035 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 44035 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 blend of affordability and diversity that appeals to a wide range of stakeholders. With a population of over 62,000 and a robust housing market, this snapshot provides actionable insights based on 2023 data to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions.

Population & Households

ZIP 44035 is home to a substantial population of 62,024 residents, making it a vibrant and active community. These individuals are distributed across 26,846 households, reflecting a mix of family sizes and living arrangements. With 29,637 total housing units in the area, there’s a notable supply of homes, though not all are occupied. This balance of population and household density suggests a community with room for growth, appealing to those looking for both residential stability and potential expansion opportunities.

Income & Housing Costs

The median household income in ZIP 44035 stands at $54,362, positioning it as a moderately affordable area for many families and individuals. When it comes to housing, the median home value is $147,600, offering a relatively accessible entry point for homebuyers compared to more expensive markets. For renters, the median rent is $871 per month, which aligns with the income levels and provides options for those not ready to purchase. These figures highlight a market that balances cost with opportunity, making it a practical choice for diverse financial situations.

Race & Ethnicity

The demographic makeup of ZIP 44035 reflects a diverse community with a variety of cultural backgrounds. The racial composition includes 70.48% White, 11.31% Black, 1.42% Asian, and 9.6% Hispanic residents. This diversity fosters a rich community environment, which can be a draw for families seeking inclusive neighborhoods, businesses aiming to serve varied customer bases, and investors looking for areas with broad appeal. Understanding this mix is key to tailoring strategies for engagement and growth in this area.

Key Facts

• Total population: 62,024 residents, indicating a sizable and active community.
• Total households: 26,846, showing a strong base of family and individual units.
• Total housing units: 29,637, with a mix of occupied and available properties.
• Median household income: $54,362, reflecting moderate affordability.
• Median home value: $147,600, an accessible price point for many buyers.
• Median rent: $871, offering reasonable costs for renters.
• Diverse population: 70.48% White, 11.31% Black, 1.42% Asian, and 9.6% Hispanic.

What This Means for You

For homebuyers, ZIP 44035 presents an affordable opportunity with a median home value of $147,600, well-suited for first-time buyers or those seeking value in a growing area. The diversity and population size also suggest a welcoming community with amenities to match. Real estate investors and agents can capitalize on the gap between total housing units (29,637) and households (26,846), indicating potential for rental or flip properties in a market with steady demand. The moderate median rent of $871 further supports rental investment viability. Small-business owners will find a diverse customer base of over 62,000 residents, ideal for businesses catering to varied needs, from retail to services. Finally, analysts can use these metrics to benchmark ZIP 44035 against neighboring areas, identifying trends in income, housing costs, and demographic shifts for deeper market studies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 44035? 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, and more, tailored to your specific interests.
• Use the insights to make data-driven decisions for your home purchase, investment strategy, or business planning with confidence.