ZIP 44117 - 860Z200US44117 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 44117 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in Ohio, this area offers a unique blend of affordability and diversity, making it a potential fit for a variety of stakeholders. This 2023 snapshot provides a clear, data-driven look at population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions.

Population & Households

ZIP 44117 is home to a population of 9,350 residents, spread across 4,740 households. This translates to an average household size of roughly 2 people, suggesting a mix of small families, couples, and individuals. With 5,320 total housing units in the area, there’s a notable portion of vacant or non-primary residences—about 11% of units—which could indicate opportunities for investors or seasonal housing dynamics. For those eyeing this area, the population size reflects a moderately sized community with room for both residential and commercial growth.

Income & Housing Costs

The median household income in ZIP 44117 stands at $41,818, which is below the national average but aligns with many affordable markets in Ohio. This income level suggests a working-class community where cost of living considerations are key for residents. On the housing front, the median home value is $137,100, offering a relatively accessible entry point for first-time buyers or investors seeking value. For renters, the median rent is $877 per month, which is reasonable compared to larger urban centers and could appeal to those prioritizing affordability. These figures highlight ZIP 44117 as a budget-friendly option in today’s competitive real estate market.

Race & Ethnicity

The racial and ethnic makeup of ZIP 44117 is predominantly Black, with 70.86% of the population identifying as such, followed by 22.36% White, 2.52% Hispanic, and 0.22% Asian. This diversity shapes the cultural fabric of the community, offering a rich environment for businesses catering to varied demographics or for residents seeking a multicultural neighborhood. Understanding this composition can help investors and business owners tailor their strategies to meet local needs and preferences.

Key Facts

• Total population: 9,350 residents, indicating a mid-sized community.
• Total households: 4,740, with an average of about 2 people per household.
• Total housing units: 5,320, with roughly 11% vacancy or non-primary use.
• Median household income: $41,818, reflecting a working-class economic base.
• Median home value: $137,100, an affordable option for buyers and investors.
• Median rent: $877, appealing to cost-conscious renters.
• Racial composition: 70.86% Black, 22.36% White, 2.52% Hispanic, 0.22% Asian.

What This Means for You

For homebuyers, ZIP 44117 presents an affordable opportunity with median home values at $137,100—well below many national benchmarks. This could be ideal for first-time buyers or those looking to stretch their budget without sacrificing community size. Real estate investors and agents might find potential in the 11% vacancy rate among housing units, which could signal room for rental properties or fixer-uppers in a market with reasonable entry costs. Small-business owners can leverage the area’s diversity and moderate population density to target niche markets, especially with a median income of $41,818 suggesting value-driven consumer behavior. Analysts can use this data as a baseline to track economic or demographic shifts in similar Ohio ZIP codes, identifying trends in affordability and cultural composition. Across all groups, the data points to a community balancing cost-effectiveness with opportunity.

Run This Study Yourself

Want to dive deeper into ZIP 44117 or explore another area? With ZipcodeGPT, you can access detailed demographic and housing insights tailored to your needs. Here’s how to get started:

• Visit the ZipcodeGPT platform to input any ZIP code of interest.
• Access up-to-date data on population, income, housing, and more.
• Use the insights to inform your homebuying, investment, or business decisions with confidence.