ZIP 44203 - 860Z200US44203 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 44203 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic region, this area offers a mix of residential stability and economic potential. This snapshot, based on 2023 data, provides a clear picture of population trends, household income, housing values, and racial composition. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about ZIP 44203.

Population & Households

ZIP 44203 is home to a population of 38,705 residents, making it a moderately sized community with a solid base for local businesses and real estate demand. The area comprises 16,868 households, reflecting a strong residential presence. With 18,198 total housing units, there’s a slight surplus of properties over occupied households, which could indicate opportunities for buyers or investors looking to enter the market. This balance suggests a stable community with room for growth or rental potential.

Income & Housing Costs

The median household income in ZIP 44203 stands at $59,124, positioning it as a middle-income area where residents have reasonable purchasing power. For homebuyers, this income level supports affordability in the housing market, with the median house value at $148,300—a figure that offers accessible entry points compared to higher-priced regions. Meanwhile, the median rent of $832 per month presents a viable option for renters and a potential income stream for landlords. These figures highlight ZIP 44203 as a balanced market for both owning and renting, appealing to a range of budgets.

Race & Ethnicity

The demographic makeup of ZIP 44203 is predominantly White, accounting for 86.39% of the population. Black residents make up 6.57%, while Asian and Hispanic populations are smaller, at 0.98% and 1.3%, respectively. This composition reflects a largely homogeneous community with some diversity, which may influence cultural dynamics, local business offerings, and community engagement. For businesses and investors, understanding this breakdown can help tailor services or marketing strategies to the area’s primary demographic while considering opportunities to serve underrepresented groups.

Key Facts

• Total population: 38,705 residents, offering a robust community base.
• Total households: 16,868, indicating strong residential demand.
• Total housing units: 18,198, suggesting potential availability for new occupants or investors.
• Median household income: $59,124, reflecting a middle-income economic profile.
• Median house value: $148,300, an accessible price point for many buyers.
• Median rent: $832, providing affordable rental options.
• Racial composition: 86.39% White, 6.57% Black, 0.98% Asian, 1.3% Hispanic.

What This Means for You

For homebuyers, ZIP 44203 offers a promising opportunity with median home values at $148,300, well within reach for many middle-income earners. The slight surplus of housing units could mean less competition in certain segments of the market, giving you room to negotiate. Real estate investors and agents will find value in the area’s stable household base and affordable rental rates of $832 per month, which could yield steady returns in a buy-to-rent strategy. The population size also supports long-term demand for housing. Small-business owners can leverage the community’s 38,705 residents and middle-income profile to target products or services that align with local needs, while the demographic makeup offers clarity on primary customer segments. Analysts can use these metrics to benchmark ZIP 44203 against neighboring areas, identifying trends in affordability or growth potential. Across all groups, this data serves as a foundation for strategic planning in this market.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 44203? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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