ZIP 44110 - 860Z200US44110 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 44110 for your next home, investment property, or business location, understanding the local demographics and housing landscape is essential. Located in the Cleveland, Ohio area, this ZIP code offers a unique mix of affordability and community diversity. With data from 2023, this snapshot provides a clear picture of 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 and uncover what makes ZIP 44110 distinct.

Population & Households

ZIP 44110 is home to a population of 17,979 residents, making it a moderately sized community within the greater Cleveland region. These individuals are distributed across 9,022 households, reflecting a mix of family and individual living arrangements. The total number of housing units in the area stands at 11,140, indicating a notable portion of vacant or unoccupied properties. This gap between households and housing units could signal opportunities for investors or developers looking to revitalize or repurpose available spaces.

Income & Housing Costs

Financial metrics are critical when evaluating a ZIP code for personal or professional purposes. In ZIP 44110, the median household income is $30,973, which is relatively low compared to national averages. This figure suggests that affordability is a key characteristic of the area, potentially appealing to first-time homebuyers or budget-conscious families. Housing costs align with this affordability trend, with a median house value of $62,600—well below many urban markets. For renters, the median monthly rent is $821, offering a cost-effective alternative to homeownership. These numbers highlight ZIP 44110 as a place where entry into the housing market or rental space is more accessible.

Race & Ethnicity

The racial and ethnic composition of ZIP 44110 provides insight into the cultural fabric of the community. The majority of residents identify as Black, accounting for 74.51% of the population. White residents make up 14.69%, while Hispanic individuals represent 1.74%. Asian residents constitute a smaller share at 0.36%. This diversity, with a strong African American presence, shapes the local culture, businesses, and community initiatives. For those looking to engage with or serve this area, understanding these demographics can guide tailored approaches to marketing, community involvement, or service offerings.

Key Facts

• Total population in ZIP 44110: 17,979 residents as of 2023.
• Total households: 9,022, indicating a mix of family and solo living.
• Total housing units: 11,140, with some units currently unoccupied.
• Median household income: $30,973, reflecting an affordable cost of living.
• Median house value: $62,600, a low entry point for homeownership.
• Median rent: $821 per month, appealing to budget-conscious renters.
• Racial composition: 74.51% Black, 14.69% White, 1.74% Hispanic, 0.36% Asian.

What This Means for You

For homebuyers, ZIP 44110 offers an affordable entry into the housing market with median home values at $62,600. This could be ideal for first-time buyers or those seeking fixer-uppers to build equity over time. However, the lower median income of $30,973 suggests that local amenities and services may cater to budget-conscious residents, so factor this into your lifestyle expectations.

For real estate investors and agents, the surplus of housing units (11,140 total versus 9,022 households) hints at potential for renovation or rental properties. The low median rent of $821 could attract tenants, though returns may be modest given the area’s income levels. Focus on properties with value-add potential to maximize investment outcomes.

For small-business owners, the demographic makeup—predominantly Black at 74.51%—offers a chance to connect with a specific community through culturally relevant products or services. The lower income levels suggest a need for affordable offerings, so consider pricing strategies that align with local purchasing power.

For analysts, these metrics provide a baseline for deeper research into economic trends, housing vacancy causes, or community development needs in ZIP 44110. The data points to affordability and diversity as defining traits worth exploring further.

Run This Study Yourself

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