ZIP 45805 - 860Z200US45805 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 45805, understanding the local demographics and housing landscape is essential. Located in Ohio, this ZIP code offers a mix of suburban charm and economic potential. With a population of over 24,000 and a median household income of $65,954, ZIP 45805 presents a stable community for homebuyers, real estate investors, small-business owners, and analysts. This article breaks down the latest 2023 data to help you make informed decisions about living, investing, or operating in this area.

Population & Households

ZIP 45805 is home to 24,746 residents, making it a moderately sized community with a strong residential base. The area supports 10,054 households, reflecting a solid foundation for local businesses and services. With 10,560 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or rental opportunities. This balance suggests a community with room for growth, whether you're looking to settle down or invest in property.

Income & Housing Costs

The median household income in ZIP 45805 stands at $65,954, positioning it as a middle-income area with reasonable affordability for families and individuals. Housing costs align with this income level, with a median home value of $153,700—a price point that may appeal to first-time buyers or investors seeking value. For renters, the median rent is $944 per month, offering a more accessible entry point compared to owning. These figures suggest that ZIP 45805 provides a cost-effective living environment compared to many urban centers, balancing affordability with quality of life.

Race & Ethnicity

The demographic makeup of ZIP 45805 reflects a predominantly white population at 74.17%, with significant representation from Black residents at 14.94%. Hispanic individuals account for 3.96% of the population, while Asian residents make up 1.06%. This diversity, though moderate, contributes to a varied cultural landscape that can enrich community life and business offerings. For small-business owners, this mix may present opportunities to cater to diverse customer needs, while homebuyers can expect a neighborhood with a blend of perspectives and backgrounds.

Key Facts

• Total population: 24,746 residents, offering a robust community size.
• Total households: 10,054, indicating a strong base for local services.
• Total housing units: 10,560, suggesting potential availability for new occupants.
• Median household income: $65,954, reflecting middle-income stability.
• Median home value: $153,700, an accessible price for many buyers.
• Median rent: $944, providing affordable rental options.
• Racial composition: 74.17% white, 14.94% Black, 3.96% Hispanic, 1.06% Asian.

What This Means for You

For homebuyers, ZIP 45805 offers a promising opportunity with median home values at $153,700, which is within reach for many budgets, especially given the median income of $65,954. The slight surplus of housing units suggests you may have options to choose from, whether buying or renting at a median rate of $944. Real estate investors and agents can find value in this area’s affordability and potential for growth, with a stable population base to support rental demand or future appreciation. Small-business owners will appreciate the community of over 24,000 residents and diverse demographics, which could translate into a varied customer pool for tailored products or services. Finally, analysts can use these metrics to benchmark ZIP 45805 against neighboring areas, identifying trends in housing availability or income distribution. Whatever your goal, this data provides a clear starting point for strategic planning.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 45805? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
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