ZIP 45206 - 860Z200US45206 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 45206, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a mix of urban living and diverse community vibes. With data from 2023, this snapshot provides a clear picture of population trends, income levels, housing costs, and racial composition. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about living or working in 45206.

Population & Households

In 2023, ZIP 45206 is home to a population of 10,387 residents. This moderate-sized community is spread across 6,151 households, indicating a mix of family and individual living arrangements. The total number of housing units stands at 7,191, suggesting some vacancy or availability for new residents or investors. This balance of population and housing units points to a community with room for growth or transition, which could be appealing if you’re looking to settle or invest in an area with potential.

Income & Housing Costs

The median household income in ZIP 45206 is $51,128, reflecting a middle-range earning capacity for residents. This income level can influence the affordability of housing and the types of businesses that thrive here. On the housing front, the median house value is $269,900, which positions 45206 as a moderately priced market for homebuyers or investors seeking value in an urban setting. For renters, the median rent is $849 per month, offering a more accessible entry point for those not ready to buy. These figures suggest a market with options for various budgets, whether you’re purchasing a home or leasing space for a business.

Race & Ethnicity

The racial and ethnic makeup of ZIP 45206 highlights a diverse community. White residents account for 50.14% of the population, followed by Black residents at 37.35%. Asian individuals make up 3.48%, and Hispanic or Latino residents comprise 3.5%. This diversity can enrich the cultural fabric of the area, offering a blend of perspectives and experiences. For businesses, this mix may translate into varied customer needs and opportunities to cater to a broad audience. For residents, it suggests a neighborhood with a multifaceted social environment.

Key Facts

• Total population: 10,387 residents in 2023.
• Total households: 6,151, indicating a mix of living arrangements.
• Total housing units: 7,191, with potential availability for new occupants.
• Median household income: $51,128, reflecting moderate earning levels.
• Median house value: $269,900, a reasonable entry point for buyers.
• Median rent: $849, offering affordability for renters.
• Racial composition: 50.14% White, 37.35% Black, 3.48% Asian, 3.5% Hispanic.

What This Means for You

For homebuyers, ZIP 45206 presents a balanced market with a median home value of $269,900, which could be attractive if you’re seeking an urban area with reasonable pricing. The rental market, with a median rent of $849, also offers flexibility if you’re not ready to commit to a purchase. Investors and real estate agents might find opportunity in the gap between total housing units (7,191) and households (6,151), suggesting potential for rental properties or flips in a growing area. The diverse population also means a wide tenant pool. For small-business owners, the median income of $51,128 and diverse demographics indicate a customer base with varied needs—think about tailored services or products that resonate with different cultural groups. Analysts can use this data as a baseline to track trends in housing affordability or demographic shifts over time in 45206.

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