ZIP 45247 - 860Z200US45247 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 45247 for your next home, investment property, or business location, understanding the area’s demographic and housing landscape is essential. Located in the Cincinnati metro area, this ZIP code offers a blend of suburban stability and economic opportunity. With data from 2023, this snapshot provides a clear picture of population trends, household income, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will guide your next steps in ZIP 45247.

Population & Households

ZIP 45247 is home to a population of 23,588 residents as of 2023. This community supports 9,519 households, reflecting a stable and established residential base. The total number of housing units stands at 10,066, indicating a slight surplus of available properties relative to occupied households. This balance suggests potential opportunities for buyers or renters looking to move into the area, as well as for investors eyeing vacant units for renovation or rental income.

Income & Housing Costs

The median household income in ZIP 45247 is $95,810, positioning this area as a relatively affluent community within the broader region. This income level supports a strong local economy, which can be a draw for businesses seeking a customer base with disposable income. On the housing front, the median home value is $268,300, reflecting a solid real estate market with properties that hold significant value. For renters, the median monthly rent is $1,095, which is reasonable compared to the income levels, offering affordability for those not yet ready to buy. These figures highlight ZIP 45247 as a financially stable area for both residents and investors.

Race & Ethnicity

The demographic makeup of ZIP 45247 is predominantly White, with 87.33% of the population identifying as such. Black residents account for 7.22% of the population, while Asian and Hispanic communities represent smaller shares at 0.84% and 0.99%, respectively. This composition indicates a largely homogeneous community, which may influence cultural dynamics, local businesses, and community services. For businesses or investors, understanding this demographic profile can help tailor offerings or marketing strategies to align with the area’s predominant cultural and social fabric.

Key Facts

• Total population in ZIP 45247: 23,588 residents.
• Total households: 9,519, supporting a stable community base.
• Total housing units: 10,066, with some availability for new occupants.
• Median household income: $95,810, indicating strong earning potential.
• Median home value: $268,300, reflecting a robust housing market.
• Median rent: $1,095 per month, offering affordability for renters.
• Racial composition: 87.33% White, 7.22% Black, 0.84% Asian, 0.99% Hispanic.

What This Means for You

For homebuyers, ZIP 45247 offers a promising market with a median home value of $268,300, suggesting properties that retain value and provide a solid long-term investment. The median income of $95,810 also indicates a financially secure community, which can translate to well-maintained neighborhoods and quality local amenities. Real estate investors and agents will find potential in the slight surplus of housing units (10,066 total units versus 9,519 households), which could mean opportunities for flipping properties or securing rental income at a median rent of $1,095. Small-business owners can leverage the area’s strong median income to target a customer base with purchasing power, particularly in sectors like retail, dining, or professional services. Analysts studying regional trends will appreciate the demographic stability and economic indicators that position ZIP 45247 as a low-risk area for growth and investment.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 45247? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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