ZIP 44805 - 860Z200US44805 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 44805 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in a region with a stable population and diverse economic opportunities, this area offers a snapshot of community dynamics that can inform your decisions. This article breaks down the latest 2023 data for ZIP 44805, covering population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed choices.

Population & Households

ZIP 44805 is home to a population of 31,024 residents, reflecting a community of moderate size with a solid residential base. This population is distributed across 12,157 households, indicating a balanced mix of family and individual living arrangements. With 13,248 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could suggest opportunities for buyers or renters looking to move in. This balance between population and housing stock is a key metric for understanding the area’s capacity to accommodate growth or shifts in demand.

Income & Housing Costs

The median household income in ZIP 44805 stands at $62,058, pointing to a community with a moderate earning capacity that supports a stable local economy. For those evaluating housing affordability, the median house value is $165,000, which aligns reasonably with the income levels, making homeownership a viable option for many residents. Meanwhile, the median rent is $835 per month, offering a more accessible entry point for those not ready to buy. These figures provide a clear picture of the financial landscape, helping potential residents and investors gauge affordability and return on investment.

Race & Ethnicity

The demographic makeup of ZIP 44805 shows a predominantly white population at 93.23%, with smaller representations of other racial and ethnic groups. Black residents account for 1.82% of the population, Asian residents make up 0.62%, and Hispanic individuals represent 1.62%. This composition reflects a community with limited diversity, which may influence cultural dynamics, business offerings, and community services. For businesses and investors, understanding this breakdown can help tailor strategies to meet the needs and preferences of the local population.

Key Facts

• Total population: 31,024 residents in ZIP 44805 as of 2023.
• Total households: 12,157, indicating a strong residential presence.
• Total housing units: 13,248, suggesting some availability for new occupants.
• Median household income: $62,058, reflecting moderate earning power.
• Median house value: $165,000, a reasonable figure for potential buyers.
• Median rent: $835, offering an affordable rental option.
• Racial composition: Predominantly white (93.23%), with small percentages of Black (1.82%), Asian (0.62%), and Hispanic (1.62%) residents.

What This Means for You

For homebuyers, ZIP 44805 presents a promising opportunity with a median home value of $165,000 and a slight surplus of housing units. This could mean less competition and more negotiating power when purchasing a property. The median income of $62,058 also suggests that many residents can afford homeownership, which supports a stable housing market. Real estate investors and agents should note the balance between housing units and households, as it may indicate potential for rental income or property flips, especially with a median rent of $835 that appeals to a broad tenant base.

Small-business owners can leverage the area’s population of over 31,000 as a customer base, particularly given the moderate income levels that support discretionary spending. However, the limited racial diversity might mean a more homogenous market, so tailoring products or services to the majority demographic could be key. Analysts looking at ZIP 44805 will find value in the income and housing cost data as indicators of economic health, while the population size offers a reliable sample for market studies or trend analysis.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 44805? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your specific interests.
• Use the insights to make data-driven decisions for your home purchase, investment strategy, or business plan with confidence.