ZIP 45242 - 860Z200US45242 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 45242, located in the Cincinnati metro area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 22,000 and a strong economic base, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics—population, income, housing costs, and diversity—to help you make informed decisions about living or working in 45242.

Population & Households

ZIP 45242 is home to 22,253 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 9,054 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 9,587, indicating a slight surplus of available homes compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

One of the standout features of ZIP 45242 is its robust economic profile. The median household income is $120,869, well above the national average, signaling a financially stable community with significant purchasing power. For homebuyers and investors, the median house value of $421,200 reflects a competitive yet accessible real estate market for an affluent area. Renters, meanwhile, face a median rent of $1,781 per month, which aligns with the higher income levels and suggests a demand for quality rental properties. These figures highlight 45242 as a location where both owning and renting come with a premium, but the income levels support such costs.

Race & Ethnicity

The demographic makeup of ZIP 45242 offers a glimpse into its cultural diversity. The population is predominantly White at 75.02%, with smaller but notable percentages of Black (6.27%), Asian (8.56%), and Hispanic (6.04%) residents. This mix indicates a community that, while largely homogeneous, still offers a degree of cultural variety. For businesses and investors, this diversity can inform marketing strategies or community engagement efforts, while families may appreciate the blend of perspectives in local schools and social settings.

Key Facts

• Total population in ZIP 45242: 22,253 residents as of 2023.
• Total households: 9,054, supporting a mix of family and solo living.
• Total housing units: 9,587, with a small surplus of available properties.
• Median household income: $120,869, indicating strong economic stability.
• Median house value: $421,200, reflecting a competitive real estate market.
• Median rent: $1,781, aligning with the area’s higher income bracket.
• Racial composition: 75.02% White, 6.27% Black, 8.56% Asian, 6.04% Hispanic.

What This Means for You

For homebuyers, ZIP 45242 offers a stable, affluent community with home values that reflect quality and long-term investment potential. The median house value of $421,200 suggests you’ll need a solid budget, but the high median income indicates a neighborhood with strong economic footing. Real estate investors and agents can capitalize on the slight surplus of housing units (9,587 total vs. 9,054 households), which may point to opportunities for flipping or renting properties, especially given the high median rent of $1,781. Small-business owners will find a financially capable customer base with a median household income over $120,000, ideal for premium products or services. Additionally, the area’s diversity offers a chance to tailor offerings to varied cultural needs. Analysts can use these metrics to benchmark 45242 against other ZIP codes for market studies or investment forecasts. Whether you’re settling down or setting up shop, this area’s data suggests a promising foundation.

Run This Study Yourself

• Curious about other areas or deeper insights into ZIP 45242? Start by visiting ZipcodeGPT to access powerful demographic and housing analysis tools.
• Enter any ZIP code to generate a detailed report tailored to your needs, from population trends to economic indicators.
• Use the data to make informed decisions, whether you’re buying a home, investing, or planning a business venture.