ZIP 45202 - 860Z200US45202 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 45202, understanding the area’s demographic and housing landscape is essential. Located in a dynamic part of Cincinnati, Ohio, this ZIP code offers a blend of urban living and economic potential. With a population of over 17,000 and a median household income above the national average, ZIP 45202 stands out as a promising area for homebuyers, real estate investors, small-business owners, and analysts. This snapshot, based on 2023 data, breaks down key metrics to help you make informed decisions.

Population & Households

ZIP 45202 is home to 17,022 residents, making it a moderately sized urban community. These individuals are spread across 9,654 households, reflecting a mix of singles, families, and professionals likely drawn to the area’s amenities and opportunities. The total number of housing units stands at 11,432, indicating a slight surplus of available properties compared to occupied households. This gap could signal potential for investors or buyers looking for options in a competitive market.

Income & Housing Costs

Financially, ZIP 45202 demonstrates strong earning power with a median household income of $87,930. This figure suggests a relatively affluent community, which could translate to higher purchasing power for local businesses and a stable base for real estate investments. On the housing front, the median home value is $444,000, positioning this area as a premium market compared to many other ZIP codes. For renters, the median rent is $1,524 per month, reflecting the cost of living in an urban hub with access to jobs, culture, and infrastructure. These numbers highlight both the opportunities and the financial commitment required to enter this market.

Race & Ethnicity

The demographic makeup of ZIP 45202 is diverse, offering a snapshot of a multifaceted community. The racial composition includes 64.21% White, 23.12% Black, 4.45% Asian, and 2.48% Hispanic residents. This diversity can be a draw for businesses aiming to serve a varied customer base or for families seeking an inclusive environment. Understanding these demographics can also help investors and business owners tailor their strategies to meet the needs of the local population.

Key Facts

• Total population in ZIP 45202: 17,022 residents.
• Total households: 9,654, indicating a mix of living arrangements.
• Total housing units: 11,432, suggesting some availability for new occupants.
• Median household income: $87,930, above the national average.
• Median home value: $444,000, reflecting a high-end real estate market.
• Median rent: $1,524, indicative of urban rental costs.
• Racial diversity: Predominantly White (64.21%), with significant Black (23.12%) and smaller Asian (4.45%) and Hispanic (2.48%) populations.

What This Means for You

For homebuyers, ZIP 45202 offers a vibrant urban lifestyle with a higher-than-average cost of entry. The median home value of $444,000 means you’ll need to budget accordingly, but the area’s strong median income suggests a stable community with potential for long-term value appreciation. Investors and real estate agents should note the surplus of housing units (11,432 vs. 9,654 households), which could indicate opportunities for rentals or flips, especially given the solid rental demand at $1,524 median rent. Small-business owners can benefit from the area’s diversity and income levels, crafting offerings that appeal to a broad, financially capable audience. Finally, analysts can use this data to benchmark ZIP 45202 against other urban areas, identifying trends in housing and demographic shifts. Whether you’re buying, investing, or building a business, these insights provide a foundation for smart decision-making.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 45202? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
• Enter any ZIP code to access up-to-date demographic, housing, and economic data tailored to your needs.
• Use the insights to compare markets, spot opportunities, and make data-driven decisions for your next move or investment.