ZIP 45238 - 860Z200US45238 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 45238, located in the Cincinnati area of Ohio, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ve compiled key metrics on population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the numbers for this vibrant area and uncover what they mean for your goals.

Population & Households

ZIP 45238 is home to a population of 48,936 residents, making it a moderately sized community with a diverse mix of families, professionals, and individuals. This area supports 20,685 households, reflecting a strong residential base. With 21,834 total housing units, there’s a slight surplus of available homes compared to occupied households, which could indicate opportunities for buyers or renters looking to settle in this area. These figures suggest a stable community with room for growth, ideal for those seeking a balanced suburban environment near urban amenities.

Income & Housing Costs

The median household income in ZIP 45238 stands at $64,672, positioning it as a middle-income area where residents enjoy a reasonable standard of living. For homebuyers and investors, the median house value of $168,800 offers an accessible entry point into the housing market, especially compared to higher-priced neighboring regions. Renters, on the other hand, face a median rent of $913 per month, which is relatively affordable for the area and aligns with the income levels of many households. These metrics point to a market that balances affordability with opportunity, appealing to a wide range of budgets.

Race & Ethnicity

The racial and ethnic composition of ZIP 45238 reflects a predominantly white community at 64.02%, with a significant Black population at 27.52%. Smaller percentages include Asian residents at 0.72% and Hispanic or Latino individuals at 2.56%. This diversity contributes to a multifaceted cultural landscape, which can be a draw for families and businesses looking to engage with a varied customer or resident base. Understanding this breakdown helps stakeholders anticipate community needs, from educational programs to targeted marketing strategies.

Key Facts

• Total population: 48,936 residents, offering a sizable community for engagement.
• Total households: 20,685, indicating a strong residential foundation.
• Total housing units: 21,834, suggesting potential availability for new occupants.
• Median household income: $64,672, reflecting a middle-income demographic.
• Median house value: $168,800, an attractive price point for buyers and investors.
• Median rent: $913, providing affordable options for renters.
• Racial composition: 64.02% white, 27.52% Black, 0.72% Asian, 2.56% Hispanic, showcasing diversity.

What This Means for You

For homebuyers, ZIP 45238 presents an affordable housing market with a median home value of $168,800, ideal for first-time buyers or those seeking value in a stable community. The slight surplus of housing units (21,834 vs. 20,685 households) could mean less competition for properties, giving you leverage in negotiations.

For real estate investors and agents, the combination of reasonable home values and a median rent of $913 suggests potential for rental income or property appreciation. The area’s population size and income levels indicate a steady demand for housing, making it a practical choice for long-term investments.

For small-business owners, the diverse population of nearly 49,000 and a median income of $64,672 signal a customer base with disposable income for goods and services. The cultural mix also offers opportunities to tailor offerings to varied preferences, enhancing market reach.

For analysts, these metrics provide a baseline for deeper studies into housing trends, economic stability, and demographic shifts in ZIP 45238, supporting data-driven decision-making.

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