ZIP 44720 - 860Z200US44720 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 44720 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of what to expect. Located in Stark County, Ohio, this area combines suburban appeal with accessible amenities, making it a compelling choice for a variety of stakeholders. Using the latest 2023 data, we’ve compiled key metrics on population, income, housing, and diversity to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions about 44720.

Population & Households

ZIP code 44720 is home to a population of 39,656 residents, reflecting a stable and sizable community. This area supports 17,044 households, indicating a strong base of families and individuals who contribute to the local economy and culture. With 17,988 total housing units, there’s a slight surplus of available properties compared to occupied households, which could signal opportunities for prospective buyers or renters looking to settle in this region.

Income & Housing Costs

Financially, ZIP 44720 stands out with a median household income of $81,045, suggesting a relatively affluent community with solid purchasing power. This income level supports a robust local market for businesses and services. On the housing front, the median home value is $233,800, positioning 44720 as a moderately priced area for homeownership compared to national averages. For renters, the median rent is $977 per month, offering a more affordable alternative to buying while still reflecting the area’s desirable qualities. These figures provide a balanced perspective for anyone evaluating the cost of living or investment potential in this ZIP code.

Race & Ethnicity

The demographic makeup of ZIP 44720 is predominantly White, with 92.09% of the population identifying as such. Other groups include Black residents at 1.87%, Asian residents at 1.7%, and Hispanic or Latino individuals at 1.89%. This composition points to a largely homogeneous community, which may influence cultural dynamics, business offerings, and community engagement. For businesses or investors, understanding this breakdown can help tailor services or marketing strategies to align with the area’s demographic profile.

Key Facts

• Total population in ZIP 44720: 39,656 residents.
• Total households: 17,044, supporting a vibrant community.
• Total housing units: 17,988, with a small surplus of available properties.
• Median household income: $81,045, indicating strong local earning power.
• Median home value: $233,800, reflecting a moderate real estate market.
• Median rent: $977, offering a competitive rental option.
• Racial composition: 92.09% White, with smaller percentages of Black, Asian, and Hispanic residents.

What This Means for You

For homebuyers, ZIP 44720 offers a stable housing market with median home values at $233,800, ideal for those seeking a suburban lifestyle with reasonable costs. The slight surplus of housing units (17,988 vs. 17,044 households) suggests you might find available properties without intense competition, though acting quickly is still wise.

For real estate investors and agents, the combination of a solid median income ($81,045) and moderate home values indicates potential for steady appreciation and demand. The rental market, with a median rent of $977, also presents opportunities for income properties, especially given the area’s population size of nearly 40,000.

For small-business owners, the high median income and sizable population in 44720 create a promising customer base with disposable income. Tailoring offerings to a predominantly White demographic (92.09%) while considering niche markets for other groups could maximize reach and relevance.

For analysts, these metrics provide a foundation for deeper studies on housing trends, economic stability, or demographic shifts in this ZIP code, helping to forecast future growth or challenges.

Run This Study Yourself

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