ZIP 45601 - 860Z200US45601 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 45601 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in a region with a sizable population and diverse economic indicators, this area offers a mix of opportunities for homebuyers, real estate investors, small-business owners, and analysts. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing costs, and racial composition in ZIP 45601, helping you make informed decisions.

Population & Households

ZIP 45601 is home to a population of 56,453 residents, making it a moderately sized community with a significant local market. These individuals are distributed across 21,576 households, reflecting a robust residential base. With 23,358 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking to enter the market. This balance between population and housing units suggests a stable community with room for growth or turnover.

Income & Housing Costs

The median household income in ZIP 45601 stands at $57,430, positioning it as a middle-income area where residents have moderate purchasing power. For homebuyers and investors, the median house value of $160,800 offers a relatively affordable entry point compared to national averages, potentially appealing to first-time buyers or those seeking value-driven investments. Meanwhile, the median rent of $858 per month provides a cost-effective option for renters and a benchmark for landlords assessing rental income potential. These figures highlight ZIP 45601 as a practical choice for those balancing affordability with opportunity.

Race & Ethnicity

The demographic makeup of ZIP 45601 reflects a predominantly white population at 86.08%, with smaller but notable representation from other groups. Black residents account for 7.32% of the population, while Asian individuals make up 0.53%. Additionally, 1.79% of the population identifies as Hispanic. This composition indicates a community with a strong majority demographic but enough diversity to support varied cultural perspectives, which can be a draw for businesses aiming to serve a broad customer base or families seeking an inclusive environment.

Key Facts

• Total population: 56,453 residents, offering a substantial local market.
• Total households: 21,576, indicating a strong residential foundation.
• Total housing units: 23,358, suggesting potential availability for new occupants.
• Median household income: $57,430, reflecting moderate economic stability.
• Median house value: $160,800, an accessible price point for many buyers.
• Median rent: $858, a competitive rate for tenants and landlords.
• Racial composition: 86.08% white, 7.32% black, 0.53% Asian, 1.79% Hispanic.

What This Means for You

For homebuyers, ZIP 45601 presents an opportunity to purchase at a median value of $160,800, which is within reach for many budgets, especially with a median household income of $57,430 supporting mortgage affordability. Investors and real estate agents will note the slight surplus of housing units over households, hinting at potential vacancies or opportunities for rental properties, especially with a median rent of $858 that could yield steady returns. Small-business owners can tap into a population of over 56,000, leveraging the area’s moderate income levels to target a wide range of consumers. Analysts studying market trends will find the demographic breakdown useful for understanding community needs and growth potential. Whether you’re settling down, investing, or starting a business, ZIP 45601 offers a balanced mix of affordability and opportunity.

Run This Study Yourself

• Curious about other ZIP codes or want deeper insights into ZIP 45601? Start by visiting ZipcodeGPT to access powerful demographic tools.
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• Use the data to inform your next move, whether you’re buying a home, investing, or planning a business expansion.