ZIP Code 15147 — Demographics & Housing Data 2023

Overview

If you’re considering ZIP code 15147 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in Allegheny County, Pennsylvania, this area offers a mix of suburban charm and economic diversity. This snapshot, based on 2023 data, 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 15147.

Population & Households

ZIP code 15147 is home to a population of 16,605 residents as of 2023. This community supports 7,765 households, reflecting a stable residential base. With a total of 8,593 housing units in the area, there’s a modest vacancy rate, suggesting a balanced housing market. For homebuyers and investors, this indicates a community with consistent demand, while small-business owners can view this population as a potential customer base for local services or retail.

Income & Housing Costs

The median household income in ZIP 15147 stands at $64,532, positioning it as a middle-income area with reasonable purchasing power. This income level supports a housing market where the median house value is $135,800, offering affordability compared to many urban or high-demand suburban areas. For renters, the median rent is $1,010 per month, which aligns with the income profile and suggests a sustainable cost of living. These figures are particularly useful for investors assessing rental yield potential or homebuyers seeking value in a competitive market.

Race & Ethnicity

The racial and ethnic composition of ZIP 15147 reflects a diverse yet predominantly white community. Approximately 69.17% of residents identify as white, followed by 20.66% identifying as Black, 4.2% as Hispanic, and 0.36% as Asian. This diversity can be a draw for businesses aiming to cater to varied cultural needs or for families seeking an inclusive environment. Understanding this breakdown also helps real estate agents and investors tailor their strategies to the community’s unique demographic makeup.

Key Facts

• Total population: 16,605 residents in ZIP 15147 (2023).
• Total households: 7,765, supporting a stable community base.
• Total housing units: 8,593, with a slight surplus indicating some vacancy.
• Median household income: $64,532, reflecting middle-income status.
• Median house value: $135,800, offering affordability for buyers.
• Median rent: $1,010, reasonable for the income demographic.
• Racial composition: 69.17% white, 20.66% Black, 4.2% Hispanic, 0.36% Asian.

What This Means for You

For homebuyers, ZIP 15147 presents an affordable entry point with a median house value of $135,800, ideal for first-time buyers or those looking to downsize without sacrificing community stability. The median income of $64,532 suggests neighbors with steady financial footing, which often correlates with well-maintained properties and local amenities.

Real estate investors and agents will find opportunity in the balanced housing stock of 8,593 units and a median rent of $1,010. This points to potential for consistent rental income, especially in a market with a diverse population of 16,605. The slight surplus of housing units could also mean room for negotiation on price or terms.

Small-business owners can leverage the population size and diversity (with significant white and Black communities) to offer targeted products or services. The income level supports discretionary spending, making this ZIP code a viable spot for retail, dining, or professional services. Analysts can use these metrics to benchmark ZIP 15147 against neighboring areas for broader market studies.

Run This Study Yourself

Want to dive deeper into ZIP 15147 or compare it with other areas? Follow these simple steps to uncover detailed demographic and housing insights on your own:

• Visit ZipcodeGPT to access a powerful tool for ZIP code analysis.
• Enter any ZIP code, like 15147, to generate a comprehensive report tailored to your needs.
• Use the data to inform your homebuying, investment, or business decisions with confidence.