ZIP 45216 - 860Z200US45216 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 45216 for your next home, investment, or business venture, understanding the area’s demographic and housing landscape is essential. Located in Ohio, this ZIP code offers a mix of affordability and diversity that can appeal to a wide range of interests. With a population of nearly 9,500 and a median household income of $51,602, this area presents unique opportunities and challenges. In this snapshot, we’ll break down the key metrics for 2023, including population, income, housing costs, and racial composition, to help you make informed decisions.

Population & Households

ZIP 45216 is home to 9,493 residents, making it a moderately sized community with a tight-knit feel. These individuals are spread across 3,681 households, indicating an average household size of roughly 2.6 people. This balance suggests a mix of families, couples, and singles, which can influence the types of housing and services in demand. Whether you’re a homebuyer looking for a family-friendly area or a business owner targeting a diverse customer base, the population size and household structure here provide a solid foundation to explore.

Income & Housing Costs

The median household income in ZIP 45216 stands at $51,602, reflecting a community with moderate earning power. This income level can shape the affordability of housing and the spending capacity of residents—key considerations for investors and small-business owners. On the housing front, the median home value is $138,200, which positions this area as relatively accessible for first-time buyers or those seeking value-driven investments. For renters, the median rent is $815 per month, offering a more affordable option compared to many urban markets. With 4,262 total housing units, there’s a decent inventory to explore, though availability and competition will depend on market dynamics.

Race & Ethnicity

Diversity is a defining feature of ZIP 45216, with a racial composition that includes 55.56% White, 19.6% Black, 0.53% Asian, and 14.84% Hispanic residents. This mix creates a culturally rich environment, which can be a draw for families seeking inclusive communities or businesses aiming to serve varied demographics. Understanding this breakdown can help real estate agents tailor their marketing strategies or assist small-business owners in identifying customer needs specific to different cultural groups.

Key Facts

• Total population: 9,493 residents in ZIP 45216.
• Total households: 3,681, with an average size of about 2.6 people.
• Median household income: $51,602, indicating moderate economic capacity.
• Median home value: $138,200, appealing to budget-conscious buyers.
• Median rent: $815, offering affordable rental options.
• Diverse community: 55.56% White, 19.6% Black, 14.84% Hispanic, 0.53% Asian.
• Total housing units: 4,262, providing a range of options for buyers and renters.

What This Means for You

For homebuyers, ZIP 45216 offers an affordable entry point with a median home value of $138,200, well below many national averages. The diversity and moderate population size suggest a welcoming community for families or individuals looking to settle down. Investors and real estate agents can find value in the area’s housing stock of over 4,000 units and reasonable price points, which could yield steady rental income or resale potential—especially with a median rent of $815 attracting tenants. Keep an eye on household income levels to gauge long-term affordability for residents. Small-business owners should note the diverse demographic makeup and moderate income levels, which point to opportunities for culturally tailored products or services at accessible price points. Finally, analysts can use this data as a baseline to track trends in housing demand or economic shifts in similar ZIP codes.

Run This Study Yourself

• Curious about other areas or want deeper insights into ZIP 45216? Start by visiting ZipcodeGPT to access powerful demographic tools.
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