ZIP 44137 - 860Z200US44137 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 44137, located in the Maple Heights area of Ohio, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ve compiled key metrics on population, income, housing values, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into what makes ZIP 44137 unique and how these numbers can guide your next steps.

Population & Households

ZIP 44137 is home to a population of 23,385 residents, making it a moderately sized community with a strong local presence. These individuals are distributed across 9,269 households, reflecting a mix of family and individual living arrangements. With 10,076 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate opportunities for buyers or investors looking for available properties. Understanding the population size and household distribution is crucial for assessing community dynamics and potential market demand.

Income & Housing Costs

The median household income in ZIP 44137 stands at $52,990, which provides insight into the economic landscape of the area. This figure suggests a working-class community with moderate earning power, relevant for businesses targeting local consumers or investors evaluating affordability. On the housing front, the median home value is $89,800, positioning ZIP 44137 as an accessible market for first-time homebuyers or those seeking budget-friendly properties. For renters, the median rent is $1,322 per month, which is relatively high compared to the median home value, potentially making homeownership a more attractive long-term option for some. These financial metrics are key for gauging the affordability and investment potential of the area.

Race & Ethnicity

The racial and ethnic composition of ZIP 44137 reflects a predominantly Black community, with 73.83% of residents identifying as Black. White residents make up 20.22% of the population, while Asian and Hispanic populations are smaller, at 0.6% and 1.6%, respectively. This demographic makeup highlights a culturally distinct area that may influence community dynamics, local businesses, and market preferences. For business owners and investors, understanding this diversity can help tailor offerings or marketing strategies to resonate with the majority demographic while remaining inclusive of smaller groups.

Key Facts

• Total population: 23,385 residents in ZIP 44137 as of 2023.
• Total households: 9,269, indicating a mix of family and solo living.
• Total housing units: 10,076, suggesting some availability of unoccupied homes.
• Median household income: $52,990, reflecting a moderate economic base.
• Median home value: $89,800, an affordable entry point for buyers.
• Median rent: $1,322, relatively high compared to home values.
• Racial composition: 73.83% Black, 20.22% White, 0.6% Asian, 1.6% Hispanic.

What This Means for You

For homebuyers, ZIP 44137 offers an affordable housing market with a median home value of $89,800, ideal for those entering the market or seeking cost-effective options near urban centers like Cleveland. The higher median rent of $1,322 could make buying a more financially sound choice over time. Real estate investors and agents will find potential in the slight surplus of housing units (10,076 total units versus 9,269 households), which may signal opportunities for rentals or flips in a community with stable demand. Small-business owners can leverage the population of 23,385 and the predominant demographic makeup to create targeted products or services that cater to the majority Black community while considering the needs of other groups. Analysts can use these metrics to benchmark ZIP 44137 against neighboring areas for broader market studies. Whatever your goal, these insights provide a foundation for strategic planning.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 44137? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, housing, and income metrics tailored to your needs.
• Use the insights to inform your homebuying, investment, or business decisions with confidence.